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Car vs House: Ask the Experts.

Before we get to the experts…

If you are visiting here after a bit of an absence, you may find a lack of content or Latin gibberish on the screen.  I am still rebuilding.

But what do you think about the new look?  Better than the old, blah grey screen, right?

But that’s Not Why You Are HERE.

I am linking this Facebook post because my best girl and I found ourselves in this very pickle when we bought our previous house.  Hmmm, house or car…house or car…what to do?

We ended up buying the car first.  The mortgage company then required us to roll our car loan into the mortgage loan.  I had mixed feelings about this.  Basically we ended up with $20,000 less equitity in the house.  This chicken did come back to roost when we sold.

At the same time, it could be said that my car payment dropped to just a few dollars a month.  Like I said…mixed feelings.

But I will ask Ken to comment here about the pros and cons of that part of the experience.

But this is an interesting video. Watch it here!