I'll see him in about a week or so. I think he may be selling it in preps to marry a sweetheart from high school. I know her too, a sweet lady, good looling/nice shape, aged very well into her mid 60s. Though, I may feel inclinded to ask him why he is selling it. And tell him I once had a nice simple updated old farm house in a small town, 1500 sq ft, low taxes, I would have had it paid off easily by 2008. And I built a seven car 1300 sq ft garage for myself, my motorcycles and my projects. Then, well, I got stupid and in 2003 married the wrong gal. Sold the place, moved up to Green Bay (which is great by the way) and into a 1973 tri-level/2-car attached garage, gained two great teen age kids, and tripled my mortgage.
After refi's to pay the ex's trips to China and Hawaii (without me) which added another $20K to the mortgage, we divorced in 2008. I refi'd the house in 2014 for lower rates and to get her off the deed, the mortgage was $132, 000. Bought the house in 2003 for $150, 000 so only $18K lower in 11 years. I ended up buying out her interest in the house for another $20,000. Just last Nov I finally paid off the mortgage, making additional $1000 payments mid-month for five years (saved me $37K in interest). All this more than 15 years after I would have paid off the previous mortgage, paying more than triple what I had in the previous house. Had I stayed in my previous house all that money to the tri-level house would have all gone to investments and savings.
Just saying,....make your moves carefully. Nothing wrong with thinking about yourself first when it comes to huge things like marriage and mortgages.
