92 year old lady gets a 30 year home loan.

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  • klik
    Confirmed User
    • Nov 2001
    • 5092
    #1

    92 year old lady gets a 30 year home loan.

    Anyone else see anything wrong with that?

    http://www.cnn.com/2002/WORLD/asiapc...eut/index.html
    Tags: None
    • ChrisH
      Confirmed User
      • Aug 2001
      • 1355
      #2
      She had good credit
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        • Socks
          Confirmed User
          • May 2002
          • 8475
          #3
          Here's hoping she makes it to next week eh?

            Comment

            • Carrie
              Confirmed User
              • Apr 2002
              • 3162
              #4
              No problem with it at all. Her daughter and brother-in-law are co-signers, so if she goes tits up tomorrow, they still have to pay off the loan.

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                • klik
                  Confirmed User
                  • Nov 2001
                  • 5092
                  #5
                  Originally posted by Socks
                  Here's hoping she makes it to next week eh?

                  Seriously.. I don't even plan to live to 92.. she's planning on 122.

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                    • Fletch XXX
                      GFY HALL OF FAME DAMMIT!!!
                      • Jan 2002
                      • 60840
                      #6
                      "She plans to move into her A$198,000 ($107,000 USD) three-bedroom home at Watanobbi, a suburb north of Sydney on the New South Wales central coast, later this week. "

                      nice

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                        • Brown Bear
                          Confirmed User
                          • May 2002
                          • 4982
                          #7
                          I don't see what the big deal is? If she dies and the garauntors can't pay, then the bank takes possesion of the house and can sell it.
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                            • Lexxx
                              Confirmed User
                              • Feb 2001
                              • 1489
                              #8
                              That's a cheap house... around Boston it would've costed her $400,000 easily...
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