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jstoeszParticipant
[quote=briansd1]That’s why you have dilapidated housing stock in the old neighborhoods.
[/quote]Good point Brian. I can not believe sometimes that I am driving through a multimillion dollar neighborhood based on the condition of the homes. I figure either the owners are too poor after their absorbent principle to pay for basic maintenance…or they haven’t been outside their homes since the 70’s.
November 16, 2010 at 2:19 PM in reply to: Advice For First Time Buyer, Loans, FHA and Condos #631284jstoeszParticipantI was in a similar boat as you only we chose to move. So move to Sacramento! Move to a saner city…just kidding.
I would say, buy what you can afford and stay there. IMHO, The idea of moving up is a bad one. because by the time you have some earned equity, you have more expenses, more of a need to save for retirement, or a kid’s college tuition. At the very least I would find some cheaper digs for the next couple of years (~1200/month) while the housing market is so incredibly volatile and save save save. You would be surprised how much cheaper rent has become if you just look around a good bit.
But that is just what we were doing/would do.
November 16, 2010 at 2:19 PM in reply to: Advice For First Time Buyer, Loans, FHA and Condos #631361jstoeszParticipantI was in a similar boat as you only we chose to move. So move to Sacramento! Move to a saner city…just kidding.
I would say, buy what you can afford and stay there. IMHO, The idea of moving up is a bad one. because by the time you have some earned equity, you have more expenses, more of a need to save for retirement, or a kid’s college tuition. At the very least I would find some cheaper digs for the next couple of years (~1200/month) while the housing market is so incredibly volatile and save save save. You would be surprised how much cheaper rent has become if you just look around a good bit.
But that is just what we were doing/would do.
November 16, 2010 at 2:19 PM in reply to: Advice For First Time Buyer, Loans, FHA and Condos #631934jstoeszParticipantI was in a similar boat as you only we chose to move. So move to Sacramento! Move to a saner city…just kidding.
I would say, buy what you can afford and stay there. IMHO, The idea of moving up is a bad one. because by the time you have some earned equity, you have more expenses, more of a need to save for retirement, or a kid’s college tuition. At the very least I would find some cheaper digs for the next couple of years (~1200/month) while the housing market is so incredibly volatile and save save save. You would be surprised how much cheaper rent has become if you just look around a good bit.
But that is just what we were doing/would do.
November 16, 2010 at 2:19 PM in reply to: Advice For First Time Buyer, Loans, FHA and Condos #632063jstoeszParticipantI was in a similar boat as you only we chose to move. So move to Sacramento! Move to a saner city…just kidding.
I would say, buy what you can afford and stay there. IMHO, The idea of moving up is a bad one. because by the time you have some earned equity, you have more expenses, more of a need to save for retirement, or a kid’s college tuition. At the very least I would find some cheaper digs for the next couple of years (~1200/month) while the housing market is so incredibly volatile and save save save. You would be surprised how much cheaper rent has become if you just look around a good bit.
But that is just what we were doing/would do.
November 16, 2010 at 2:19 PM in reply to: Advice For First Time Buyer, Loans, FHA and Condos #632380jstoeszParticipantI was in a similar boat as you only we chose to move. So move to Sacramento! Move to a saner city…just kidding.
I would say, buy what you can afford and stay there. IMHO, The idea of moving up is a bad one. because by the time you have some earned equity, you have more expenses, more of a need to save for retirement, or a kid’s college tuition. At the very least I would find some cheaper digs for the next couple of years (~1200/month) while the housing market is so incredibly volatile and save save save. You would be surprised how much cheaper rent has become if you just look around a good bit.
But that is just what we were doing/would do.
jstoeszParticipanttrue true…I was out all weekend…
I certainly would not be wasting my precious free time on the internet.
But unfortunately, I am not sure what to say. Has it all been said?
jstoeszParticipanttrue true…I was out all weekend…
I certainly would not be wasting my precious free time on the internet.
But unfortunately, I am not sure what to say. Has it all been said?
jstoeszParticipanttrue true…I was out all weekend…
I certainly would not be wasting my precious free time on the internet.
But unfortunately, I am not sure what to say. Has it all been said?
jstoeszParticipanttrue true…I was out all weekend…
I certainly would not be wasting my precious free time on the internet.
But unfortunately, I am not sure what to say. Has it all been said?
jstoeszParticipanttrue true…I was out all weekend…
I certainly would not be wasting my precious free time on the internet.
But unfortunately, I am not sure what to say. Has it all been said?
jstoeszParticipantYeah, the state is a magnet for the irresponsible. I never made the distinction between native and non-native. I was not trying to single out who is irresponsible and who is not, only that it is more pervasive here and the clear and dominant impetus behind the prices.
jstoeszParticipantYeah, the state is a magnet for the irresponsible. I never made the distinction between native and non-native. I was not trying to single out who is irresponsible and who is not, only that it is more pervasive here and the clear and dominant impetus behind the prices.
jstoeszParticipantYeah, the state is a magnet for the irresponsible. I never made the distinction between native and non-native. I was not trying to single out who is irresponsible and who is not, only that it is more pervasive here and the clear and dominant impetus behind the prices.
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