Home › Forums › Housing › My girlfriend wants to buy a condo in north county. But what do the Piggs say?
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CA renter.
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March 9, 2009 at 4:06 PM #363525March 9, 2009 at 7:47 PM #363082
anxvariety
Participant[quote=rent4now]A better question would be why does she have only 10K saved when she has no rent or debt?
I would suggest saving like hell for the next 2 years and have 50k down. And by then the condo she wants will be in the 125-150k range.[/quote]
A++
March 9, 2009 at 7:47 PM #363374Participant[quote=rent4now]A better question would be why does she have only 10K saved when she has no rent or debt?
I would suggest saving like hell for the next 2 years and have 50k down. And by then the condo she wants will be in the 125-150k range.[/quote]
A++
March 9, 2009 at 7:47 PM #363527Participant[quote=rent4now]A better question would be why does she have only 10K saved when she has no rent or debt?
I would suggest saving like hell for the next 2 years and have 50k down. And by then the condo she wants will be in the 125-150k range.[/quote]
A++
March 9, 2009 at 7:47 PM #363566Participant[quote=rent4now]A better question would be why does she have only 10K saved when she has no rent or debt?
I would suggest saving like hell for the next 2 years and have 50k down. And by then the condo she wants will be in the 125-150k range.[/quote]
A++
March 9, 2009 at 7:47 PM #363675Participant[quote=rent4now]A better question would be why does she have only 10K saved when she has no rent or debt?
I would suggest saving like hell for the next 2 years and have 50k down. And by then the condo she wants will be in the 125-150k range.[/quote]
A++
March 10, 2009 at 2:32 AM #363253CA renter
ParticipantSame as the other Piggs…
1. She has no business thinking about anything over $120K, and in this economy, she should be even more conservative.
2. She needs a much larger down payment. The closing costs alone will wipe out about half of that $10K, if not more.
3. It sounds like she has a nice setup in Del Mar: lots of flexibility while renting a two-bedroom, which she’s not likely to find in Enc/Cbd for that monthly price. Then there’s the HOA and maintenance and moving into a new place ALWAYS costs lots of money.
Tell her “NO WAY.” Good luck! 🙂
March 10, 2009 at 2:32 AM #363543ParticipantSame as the other Piggs…
1. She has no business thinking about anything over $120K, and in this economy, she should be even more conservative.
2. She needs a much larger down payment. The closing costs alone will wipe out about half of that $10K, if not more.
3. It sounds like she has a nice setup in Del Mar: lots of flexibility while renting a two-bedroom, which she’s not likely to find in Enc/Cbd for that monthly price. Then there’s the HOA and maintenance and moving into a new place ALWAYS costs lots of money.
Tell her “NO WAY.” Good luck! 🙂
March 10, 2009 at 2:32 AM #363697ParticipantSame as the other Piggs…
1. She has no business thinking about anything over $120K, and in this economy, she should be even more conservative.
2. She needs a much larger down payment. The closing costs alone will wipe out about half of that $10K, if not more.
3. It sounds like she has a nice setup in Del Mar: lots of flexibility while renting a two-bedroom, which she’s not likely to find in Enc/Cbd for that monthly price. Then there’s the HOA and maintenance and moving into a new place ALWAYS costs lots of money.
Tell her “NO WAY.” Good luck! 🙂
March 10, 2009 at 2:32 AM #363736ParticipantSame as the other Piggs…
1. She has no business thinking about anything over $120K, and in this economy, she should be even more conservative.
2. She needs a much larger down payment. The closing costs alone will wipe out about half of that $10K, if not more.
3. It sounds like she has a nice setup in Del Mar: lots of flexibility while renting a two-bedroom, which she’s not likely to find in Enc/Cbd for that monthly price. Then there’s the HOA and maintenance and moving into a new place ALWAYS costs lots of money.
Tell her “NO WAY.” Good luck! 🙂
March 10, 2009 at 2:32 AM #363846ParticipantSame as the other Piggs…
1. She has no business thinking about anything over $120K, and in this economy, she should be even more conservative.
2. She needs a much larger down payment. The closing costs alone will wipe out about half of that $10K, if not more.
3. It sounds like she has a nice setup in Del Mar: lots of flexibility while renting a two-bedroom, which she’s not likely to find in Enc/Cbd for that monthly price. Then there’s the HOA and maintenance and moving into a new place ALWAYS costs lots of money.
Tell her “NO WAY.” Good luck! 🙂
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