what is biggest check you ever wrote?

BlackVert · May 10, 2005

i just wrote mine ... $43,750 ... 5% downpayment for a house we are bidding on in northwest washington dc.

nice house, but it sucks living in this area

if all i had to worry about was paying for the mods on my car, i'd have a ride to rival jr or onebad95 ...

sigh

sade04 · May 10, 2005

$712 BFG KDWS tires + inspection and some other little things

haha yeah i know its not alot, but im only 18 and my job at a retirement home pays 7.87 an hour and im in college

sade04 · May 10, 2005

BlackVert said:
i just wrote mine ... $43,750 ... 5% downpayment for a house we are bidding on in northwest washington dc.

just wondering, youre gonna buy a $875,000 house?

94MustangGT5.0 · May 10, 2005

sade04 said:
just wondering, youre gonna buy a $875,000 house?

My thoughts exactly!

mo_dingo · May 10, 2005

The housing market is nucking futs right now.....even at that price it will still gain in value....

But that's a lot of money.
Scott

bayellowstang · May 10, 2005

BlackVert said:
i just wrote mine ... $43,750 ... 5% downpayment for a house we are bidding on in northwest washington dc.

nice house, but it sucks living in this area

if all i had to worry about was paying for the mods on my car, i'd have a ride to rival jr or onebad95 ...

sigh

Almost had one of those 2 weeks ago. Someone out bid us and paid cash for a 200,000 dollar house. I wish I had that kind of money.

My biggest was the 7k to Discover to pay off my motor swap and all the parts.

cobra dave · May 10, 2005

mine was my 20% down on my house. Could you imagine the mortgage payment on an $875,00 house, (too early for math). Hell $725 is plenty for me and thats escrowed.

slytherin · May 10, 2005

$1350 paid off visa that I put the 3550 on.

BlackVert · May 10, 2005

it is this house:

http://www.wfpsir.com

go to listings and put in this address

4916 BRANDYWINE ST NW
WASHINGTON, DC 20016

VibrantRedGT · May 10, 2005

Wrote a check for $163,716 to pay off a house mortgage which was an investment. I've written some doozies these past few years.

1slow95 · May 10, 2005

$3150 for my Exploder. I've never had much more than that at one time.

BlackVert · May 10, 2005

sade04 said:
just wondering, youre gonna buy a $875,000 house?

if we get the bid, it will be somewhere between 875K and 920K.

we are selling ours for 800K and our inlaws are selling theirs for 700K and we are going in together on this one. my inlaws are elderly and they can't keep up a house by themselves anymore. they need 300K cash to live off of and i need 250K to pay off my current mortgage. if all goes according to plan, my new mortgage will be less than 100K.

my (the buyer's) fees to close on this house will be about 25K. then there are capital gains from selling the current house, transfer fees, ... it's crazy how much of your hard earned money people take when you sell or buy a house.

just the realtor's fees to sell our house will be about 40K and 35K for my in-law's house! they take that off the top.

kristopher · May 10, 2005

BlackVert said:
i just wrote mine ... $43,750 ... 5% downpayment for a house we are bidding on in northwest washington dc.

nice house, but it sucks living in this area

if all i had to worry about was paying for the mods on my car, i'd have a ride to rival jr or onebad95 ...

sigh

I just put down $1500 for a earnest deposit on a home. Its in construction now. Houses out there must cost a grip.

Xterminator03 · May 10, 2005

Whao that expensive. It is a beautiful house. But i did not see a garage.
Enjoy It

Xterminator03 · May 10, 2005

My biggest check was around 2500 to pay off a credit card

BlackVert · May 10, 2005

SemperFIGOD said:
Whao that expensive. It is a beautiful house. But i did not see a garage.
Enjoy It

there is a small detached one car garage in the back, with a short and steep entrance. getting my car in it would not be very easy.

CManT1914 · May 10, 2005

$60, lol. But I can count on one hand how many checks I've written in my life. I use my credit card for big stuff, and pay it online.

sawbones25 · May 10, 2005

BlackVert said:
...then there are capital gains from selling the current house...

Capitol gains tax only applies if you keep or profit over $500,000 for married couples. If you are putting the money from your current house into another house, you won't pay anything. Unless you lived in your current house for less than two years...

SexyStang1994 · May 10, 2005

move to FL and you'll have a 6000sq house for that price!

I bought my stang for $9999

BlackVert · May 10, 2005

sawbones25 said:
Capitol gains tax only applies if you keep or profit over $500,000 for married couples. If you are putting the money from your current house into another house, you won't pay anything. Unless you lived in your current house for less than two years...

the house we live in was passed from my wife's grandparents to her mother and now 2/3 of it is ours. the profit is almost 100%, except for 100K we put into it for an addition about 10 years ago. luckily, our 2/3 is less than 500K so our capital gains is 0, but my in-laws are looking at about 200K of capital gains. plus, there is no exclusion if it is not your primary residence.

my in-law's house bought their house for 20K a long time ago, so they are looking at about 200K in taxable gains there too.

the more the in-laws end up paying for capital gains, the higher my new mortgage is to cover the difference.

what is biggest check you ever wrote?

BlackVert

sade04

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94MustangGT5.0

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