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jpinpb.
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June 29, 2009 at 9:08 AM #15952June 29, 2009 at 9:37 AM #421562
JACKQLYN
ParticipantConventional. You’ll have more leverage while placing offers.
June 29, 2009 at 9:37 AM #422295ParticipantConventional. You’ll have more leverage while placing offers.
June 29, 2009 at 9:37 AM #421792ParticipantConventional. You’ll have more leverage while placing offers.
June 29, 2009 at 9:37 AM #422134ParticipantConventional. You’ll have more leverage while placing offers.
June 29, 2009 at 9:37 AM #422066ParticipantConventional. You’ll have more leverage while placing offers.
June 29, 2009 at 9:40 AM #422139mgoldberg
ParticipantIt depends on the numbers:
a) I’d RENT if the sales price is >750k. Many believe the price will continue to go down in this price range
b) 20% DOWN. You say you have great jobs and can pay down the loan quickly. Why not avoid the large hit for FHA, keep monthly costs down, and save up quickly for your two car garage.
c) FHA. If you are going to live there for only a few years. This way the FHA hits won’t hurt so bad, plus you can walk if it goes down in value by a large amount.
June 29, 2009 at 9:40 AM #422300ParticipantIt depends on the numbers:
a) I’d RENT if the sales price is >750k. Many believe the price will continue to go down in this price range
b) 20% DOWN. You say you have great jobs and can pay down the loan quickly. Why not avoid the large hit for FHA, keep monthly costs down, and save up quickly for your two car garage.
c) FHA. If you are going to live there for only a few years. This way the FHA hits won’t hurt so bad, plus you can walk if it goes down in value by a large amount.
June 29, 2009 at 9:40 AM #422070ParticipantIt depends on the numbers:
a) I’d RENT if the sales price is >750k. Many believe the price will continue to go down in this price range
b) 20% DOWN. You say you have great jobs and can pay down the loan quickly. Why not avoid the large hit for FHA, keep monthly costs down, and save up quickly for your two car garage.
c) FHA. If you are going to live there for only a few years. This way the FHA hits won’t hurt so bad, plus you can walk if it goes down in value by a large amount.
June 29, 2009 at 9:40 AM #421567ParticipantIt depends on the numbers:
a) I’d RENT if the sales price is >750k. Many believe the price will continue to go down in this price range
b) 20% DOWN. You say you have great jobs and can pay down the loan quickly. Why not avoid the large hit for FHA, keep monthly costs down, and save up quickly for your two car garage.
c) FHA. If you are going to live there for only a few years. This way the FHA hits won’t hurt so bad, plus you can walk if it goes down in value by a large amount.
June 29, 2009 at 9:40 AM #421797ParticipantIt depends on the numbers:
a) I’d RENT if the sales price is >750k. Many believe the price will continue to go down in this price range
b) 20% DOWN. You say you have great jobs and can pay down the loan quickly. Why not avoid the large hit for FHA, keep monthly costs down, and save up quickly for your two car garage.
c) FHA. If you are going to live there for only a few years. This way the FHA hits won’t hurt so bad, plus you can walk if it goes down in value by a large amount.
June 29, 2009 at 10:04 AM #422325an
ParticipantIf your main reason for going FHA is to keep your asset liquid, then why pay off the loan early? Wouldn’t you want to pay the minimum required? I’d personally would go w/ the 20% conventional. I think those extra cost is just a waste of $, especially if you think you have a stable job and can easily afford the payment.
June 29, 2009 at 10:04 AM #421592ParticipantIf your main reason for going FHA is to keep your asset liquid, then why pay off the loan early? Wouldn’t you want to pay the minimum required? I’d personally would go w/ the 20% conventional. I think those extra cost is just a waste of $, especially if you think you have a stable job and can easily afford the payment.
June 29, 2009 at 10:04 AM #421822ParticipantIf your main reason for going FHA is to keep your asset liquid, then why pay off the loan early? Wouldn’t you want to pay the minimum required? I’d personally would go w/ the 20% conventional. I think those extra cost is just a waste of $, especially if you think you have a stable job and can easily afford the payment.
June 29, 2009 at 10:04 AM #422164ParticipantIf your main reason for going FHA is to keep your asset liquid, then why pay off the loan early? Wouldn’t you want to pay the minimum required? I’d personally would go w/ the 20% conventional. I think those extra cost is just a waste of $, especially if you think you have a stable job and can easily afford the payment.
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