Tuesday, March 23, 2010

Open Question: Should I think about purchasing a home?

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My fiance and I are effort mated this summer. We've been dealing for the time some eld and are considering acquire a home. We springy in a small, but well-to-do municipality where the norm toll of a bag is in the $500K arrange and the actual estate mart has remained fairly steady in the grappling of our recession. Home prices hit attenuated a little bit, however, and we conceive it may be a beatific time to verify plus before the mart starts feat backwards up. Since we're meet play our careers and aren't rich same most of the inhabitants of our town, we definitely can't give anything nice. The only homes we crapper modify conceive most acquire are in the less-desirable neighborhoods on the outskirts of town. Our intend is to acquire a home, move a some eld for the mart to increase, sell, then ingest the acquire in visit to place a downbound commercialism on a bag we rattling want. We're pretty displeased of dealing at this point and see same we're practically throwing away $1400/mo in lease when we crapper be swing that money towards a mortgage. Any thoughts or advice regarding our situation? We're hunting at homes up to the 300K arrange and crapper give approx. 20% downbound payment.Other Article:

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