Category: loan

Wait to buy a House? or Now?

Looking through the paper the other day I noticed the advice of wait to buy a house.  The situation involved seemed to be a young couple getting married that were being given the gift of a down payment by the in laws….  Reading this, I got the impression that the advice given was to not …

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Ramsey’s Post (Farm Land)

Reading today’s advice in the paper I was surprised to see Dave Ramsey advice a person receiving a farm income of $250,000 to pay off his farm land loan ($200,000) ASAP.  This surprised me as my parents like to make sure that farm loans are the last thing they would pay off. Farms have a …

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