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Old 10-05-2002, 12:28 AM   #1
klik
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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
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Old 10-05-2002, 12:30 AM   #2
ChrisH
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She had good credit
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Old 10-05-2002, 12:30 AM   #3
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Here's hoping she makes it to next week eh?
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Old 10-05-2002, 12:30 AM   #4
Carrie
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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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Old 10-05-2002, 12:31 AM   #5
klik
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Quote:
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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Old 10-05-2002, 12:32 AM   #6
Fletch XXX
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"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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Old 10-05-2002, 12:39 AM   #7
Brown Bear
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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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Old 10-05-2002, 12:45 AM   #8
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That's a cheap house... around Boston it would've costed her $400,000 easily...
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