Video: Touring Prescott's $3 million mansion

[Whirlwin]

By doing what you are saying, you are paying a 30 year mortgage interest rate, which is higher than a 15 year mortgage rate, for 17 years. Versus paying a lower interest rate for 15 years.

It’s all about the principal payment. They get the interest rate it’s insignificant. There’s such the same

 

[Whirlwin]

if I could buy a house like that, I will have plenty of help cleaning it....

I don’t want strangers in my house. But that’s me

 

[RaZon]

My neighbors house is very similar 10k Sq ft. My neighbors are an 80+ couple with no kids. My neighborhood has minimum 4500sq ft homes and ranges up to 12k sq ft. was originally planned as an empty Nestor community...people like their space regardless if they're single, married have a big family, whatever.

Then there is always what makes logical scene.

Min wage worker having a wife and 8 kids, while he might love kids it's illogical, it can't afford them!

 

[DallasInDC]

Then there is always what makes logical scene.

Again, it's all personal preferences and what is right for you. Someone could easily say 600sqft is more than enough and makes logical sense. It's doable, but others may not agree.

 

[Ranching]

But they’re both probably the same sq ft and lot size? LOL

Born in Texas, and I still miss those housing prices.

Get yourself some cows.....I get an ag exemption and pay about half the taxes I would have to pay otherwise.....

 

[RaZon]

Again, it's all personal preferences and what is right for you. Someone could easily say 600sqft is more than enough and makes logical sense. It's doable, but others may not agree.

Young guy 21 brings his girlfriend home to meet his parents, yep, logical.

His girlfriend is 57 years old, yep, illogical.

We have things that are simply do and don't and it doesn't matter about personal opinions.

Knock on a door TRICK OR TREAT, yep, logical it's Halloween.

Try that in July.

 

[pete026]

No it’s the same rate at least in New England. They both like 2%. And even if it isn’t. Are you still paying so much more almost double at the 15 year rate. Take out the 30 year mortgage and turn it into 17 years. You’ll pay so much less a month on top of it. Banks don’t tell you this . You’ll take 13 years off your mortgage. The interest rate is insignificant

I suggest you talk to a financial expert. All things being the same (same bank, same credit rating, etc), 30 year interest rates will always be higher than a 15 year interest rate. One reason is the bank is at risk for default for a longer period of time.
People don't take out 15 year mortgages because they don't qualify for them. But what you are saying is a good way to attack a 30 year mortgage. Bottom line, it is all about the amount of interest you are paying. That is the whole reason for turning a 30 year mortgage into a 17 year mortgage as you suggest. BTW, a 15 year mortgage monthly payment is not twice as much as a 30 year monthly mortgage payment if that is what you were suggesting.

 

[Ranching]

Yeah, but your rich being a coyote running them into the USA...along with the drugs, guns, and women. I know you you TX guys get rich!

Salud!

I find this offensive and thats hard to do...I reported it to the Mods and apparently they don't give a crap.....if I had said it, I'd have been benched for a month......SMH.....

 

[5Stars]

It's all in jest my Dallas Cowboy brother. Smile...have fun with real.

Yeah, oh hell yes...I want Dak's house...but I can't play football anymore.

 

[Ranching]

It's all in jest my Dallas Cowboy brother. Smile...have fun with real.

Yeah, oh hell yes...I want Dak's house...but I can't play football anymore.

I can joke with the best of them, but considering what I've seen up close and personal, I don't joke about things like that. It's all good.

 

[5Stars]

I find this offensive and thats hard to do...I reported it to the Mods and apparently they don't give a crap.....if I had said it, I'd have been benched for a month......SMH.....

I can joke with the best of them, but considering what I've seen up close and personal, I don't joke about things like that. It's all good.

I'm sorry, chill big bro.

 

[Walker]

Let's be honest, dude doesn't need a mansion. Try....overkill.

Married man bunch of kids, ok ok...mansion.

Long as you dont pay something stupid you rarely can go wrong with real estate. Typically it always goes up in prices and if your not desperate to sell, you should always make a profit, i have never had a house lose me money till this day and have made me a lot of money after living in it. Its like living for free and make a profit from it.

 

[RaZon]

Long as you dont pay something stupid you rarely can go wrong with real estate. Typically it always goes up in prices and if your not desperate to sell, you should always make a profit, i have never had a house lose me money till this day and have made me a lot of money after living in it. Its like living for free and make a profit from it.

Ok man a single guy wandering around his mansion, ha!

What does he have in all those bedrooms he doesn't use?

Hell, rent um out.....ok just kidding.

 

[Walker]

Ok man a single guy wandering around his mansion, ha!

What does he have in all those bedrooms he doesn't use?

Hell, rent um out.....ok just kidding.

My first house was a 2k sqft home (by no means a mansion lol) , 3 bedroom 2 bath 2 car garage, and a driveway for up to 8 cars. and was living alone. I see your point though, but honestly i probably would have a house like that if i could afford one xD

 

[RaZon]

My first house was a 2k sqft home (by no means a mansion lol) , 3 bedroom 2 bath 2 car garage, and a driveway for up to 8 cars. and was living alone. I see your point though, but honestly i probably would have a house like that if i could afford one xD

I deal with things I need, i need those 10,000 books, those 10,000 CD's.

Hahaha!!!

It's all good the hell with logic making sense ya only live once so get all ya can.

Hell, all this talk of sex made me horny, and all it takes is a,....hey baby can we talk?

 

[Adreme]

Long as you dont pay something stupid you rarely can go wrong with real estate. Typically it always goes up in prices and if your not desperate to sell, you should always make a profit, i have never had a house lose me money till this day and have made me a lot of money after living in it. Its like living for free and make a profit from it.

Not to mention being Dak Prescott makes that home go up in value because that is a selling point if you ever want to sell it in the future. Not that a home like that needs a selling point.

 

[cowboy_ron]

He's earned it.

 

[Runwildboys]

The OP’s video won’t play. Zillow estimates the house is worth $4.3 million. That set up would cost you over $15 million in the Los Angeles area.

I was gonna ask: Is $3 million still a mansion these days? lol

 

[Runwildboys]

Not to mention being Dak Prescott makes that home go up in value because that is a selling point if you ever want to sell it in the future. Not that a home like that needs a selling point.

Anyone who can afford that price doesn't give a rat's *** that Dak once owned it.

 

[Tabascocat]

I was gonna ask: Is $3 million still a mansion these days? lol

In SoCal, that price gets ya about a mile from the coast!