17 down, five to go until 78

Another financial victory! Not only do we own 17 percent of the house, Wells Fargo received the January 2008 payment on the 31st of December which will help on our taxes; 13 mortgage payments. Tonight, I will stand in that part of the Master Bedroom to show Somara we own it.

My formula is based upon the note, not the value of the house. I’m sure its value has declined a tad. The place isn’t worth much, thus it can’t decline as dramatically as those other disasters getting foreclosed on around the country. Don’t worry, I got a fixed rate and it’s very affordable for the both of us even if we were down to mustard sandwiches at every meal.

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