I’m a first time home buyer and I have to disagree with you Raybyrnes. Maybe it’s just me but I see if I invest 6 months worth of time into getting one accepted low ball at 10-20% off a $500k house, that’s a saving of $50-$100k tax free. That’s not considering that $50-100k in saving on the principle would mean $100-200k saving if you include the interests you don’t have to pay over 30 years. Most people would be happy making that much after tax in their regular job. I’m already clipping coupons, saving as much as I can and getting ready to make my move. I’m also working hard to improve my career. But that does not mean I don’t have spare time. Being on here shows we both have spare time to kill and that spare time can end up making me $50-100k+. A penny saved is a penny earned. That’s my motto.
I’d be happy with a relatively low price with high interest.
