Why don't you have $5000.00 in the bank? |
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MR. STEAMER
True Patriot Only in the GTA Joined: 03/March/2004 Location: Canada Status: Offline Points: 14544 |
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I quote " I paid 12,000 in 1971"
I just assume you financed...but you proved it with your next post. no way you financed for 6% in the 70's.. I think you are mistaken |
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www.mr-steamer.com
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nightrider
Marketing Master Joined: 12/March/2004 Status: Offline Points: 4656 |
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Bank rates were in the area 0f 10 % to 11 % at the time of purchase . It was 1973 , Month of July I was turning 20 in August . My wife purchased it she just turned 21 . At the time she was working for A.E. Lepage & Westmount Realities . We bought 3 houses through them @ that rate .
I don't shoot the bull , what I say is what it is . NO NEED TO LIE AT MY AGE . I have nothing to prove, my proof is of success was made over 20 years ago
Nightrider Edited by nightrider - 01/August/2007 at 12:22pm |
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Superglide Ken
Grand Potentate SGK Joined: 17/March/2004 Location: Canada Status: Offline Points: 4868 |
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I know that Jack is right about that. I am the same age as him, and I remember the rates back then too. Even when the posted rate was 10% in the early 70's, it was still possible to get a 6% rate as an employee perk, or if you did a private financing with a non-bank lender.
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Inventor of the Teflon Wand Glide and the Turboteck Rotary Air Duct Cleaners for TMs.
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doug
King of the One Liners Just My opinion Joined: 31/January/2004 Status: Offline Points: 32701 |
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good investment
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Just My opinion
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cmaster
IICRC Instigator Joined: 29/January/2004 Location: Canada Status: Offline Points: 29693 |
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Wish I'd have done that
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The STD Meter |
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Ream57
Senior Member Joined: 08/August/2007 Location: United States Status: Offline Points: 142 |
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I got money in the bank, but E on the tank.
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STEAMPRO
Journeyman Joined: 11/October/2007 Location: United States Status: Offline Points: 319 |
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I MAKE $100 A DAY AND I SPEND IT ALL ON MY NEW ESCALADE!
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Hammy
Carpet Cleaning Guru Joined: 27/September/2006 Location: Canada Status: Offline Points: 10330 |
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And Americans wonder why their economy is going for a sh*t
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Could somebody just clean my carpets!
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STEAMPRO
Journeyman Joined: 11/October/2007 Location: United States Status: Offline Points: 319 |
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John L
Carpet Cleaning Guru Joined: 29/November/2004 Location: I'm Right Here! Status: Offline Points: 4013 |
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STEAMPRO
Journeyman Joined: 11/October/2007 Location: United States Status: Offline Points: 319 |
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