While I'm being optimistic and not overly cautious...

[mousme]

TD looks like it has a good mortgage plan for rural properties and hobby farms. I feel marginally better about this now.

Realistically, I know I probably shouldn't even be considering a property purchase right now, but since this got dropped in my lap, I'm still going to try. The realistic and cynical part of my brain is trying to convince me that I'm being ridiculous, and yet the other part of me has a good feeling about this.

So.

Yeah.

Rational, this is not. Hell, I don't even know what the closing costs would be, let alone mortgage insurance and regular insurance, and all repairs/other hidden costs associated with this. I guess it's something of a leap of faith.

Comments

[swestrup]

Yes this insurance escrow system is standard here as well.