One of my best freinds is trying to sell his home right now, cause he found his "Dream Place" in a foreclosure sale. He paid $170,000 for it 5-6 years ago. He and his wife have refinanced a few times to(as the lender says) utilize their equity as cash (based on appraisel). So now he is trying to sell his house for $239,000. Well, that would be nice for downpayment right?? Get this, he said if they get what they are asking, they would have $10,000 for a downpayment after they pay off the current mortgage after the sale. Ya, SOME lenders sure do help you out dont they. I couldnt beleive it. I wish him the best, but he'll never sell the home for asking price, will come out with $0, finance more than he has now, cause the lender makes it APPEAR, that his cash flow is fine. I told him stay where he is and pay the flippin mortgage down and quit borrowing against it for things he wants but cant afford at the time.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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