Not a renter…
Last Wednesday, Wife and I sat in the lawyer’s office reading and rereading the documents before us, ready to sign to buy the house on Ave. de France. It took three hours.
Wife’s father first bought the building in 1983. It was a mess. Though centrally located, the rooms were water damaged and the place unlivable. Three floors, and not a room you could sleep in comfortably. A year later, with contractors and help from brothers and sisters the world over, he re/built his radio broadcast recording studio, a worship place for the local church, offices for Slavic World for Christ, and a two bedroom apartment on the top floor.
That’s the apartment we rented in January of 1985. Much later, Wife’s parents moved office to home and we moved into the three bedroom apartment (1996).
He left us enough to make the down payment (Swiss law stipulates 20% of purchase price) and to get loan payments of less than 33% of salary (bank’s requirement).
The loan is for 100 years, renegotiable in 2015. Interest is 3.28%.
So the church will still meet in the neighborhood for at least 10 years. We’re glued here for another 100.
Boy, do I feel secure. ☺
December 28th, 2005 at 4:01 pm
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December 28th, 2005 at 4:04 pm
Congratulations on all that security!
I have a soft spot in my heart for missionaries and their families. I have close friends in Cameroun (somewhere in Africa). I believe you guys and your families will all have extra rings in your halos. God bless you.
December 28th, 2005 at 5:34 pm
I’ve lived over half a hundred years. That time will fly by before you know it, though you may be somewhat vdoun when you buy that second house in 2105!
December 28th, 2005 at 6:36 pm
Congratulations my friend…although, it’s a bit sad to think you’re really permanent now.
There was always a bit of hope that you would come back to U.S. when it came time to retire.
I’m proud of you and very happy for you.
December 29th, 2005 at 3:47 pm
Way to go Brady. A “100 year loan” and an interest rate of less than 4%! Perhaps you can bring a few more swiss chocalate bars to Pepperdine this year?
Are you coming to “Jerry’s Place” in May?
If you are I wouldn’t fly uuwxldui airlines.
December 29th, 2005 at 6:43 pm
I’m happy for you all that the stress and strain of uncertainty has been replaced with security.
Now keep in shape to keep making those payments for the next 100 years
I’ve heard 5 daily cc’s of mqqvs will hinder the aging process.
December 29th, 2005 at 9:45 pm
I’m back.
Check out my latest blog and win a free htnwr.