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  • August 8, 2011 at 11:50 AM in reply to: Super Nervous about Buying #717238
    rent4now
    Participant

    So is it advisable for all those looking into getting in the market to have 1yr+ of cash reserves?

    How many people have the kind of cash after 20% down+closing costs? lol

    August 8, 2011 at 10:50 AM in reply to: Super Nervous about Buying #716008
    rent4now
    Participant

    It has been discussed but the economy seems to be in worse condition now than it did 6 months ago?

    Right now my job is pretty secure but who knows how things play out in the next couple years.

    If we do not buy soon we will certainly stock pile the cash reserves.

    I would not be surprised if the RE market drops another 10% or more so it could really work for us to wait and save.

    August 8, 2011 at 10:50 AM in reply to: Super Nervous about Buying #716098
    rent4now
    Participant

    It has been discussed but the economy seems to be in worse condition now than it did 6 months ago?

    Right now my job is pretty secure but who knows how things play out in the next couple years.

    If we do not buy soon we will certainly stock pile the cash reserves.

    I would not be surprised if the RE market drops another 10% or more so it could really work for us to wait and save.

    August 8, 2011 at 10:50 AM in reply to: Super Nervous about Buying #716697
    rent4now
    Participant

    It has been discussed but the economy seems to be in worse condition now than it did 6 months ago?

    Right now my job is pretty secure but who knows how things play out in the next couple years.

    If we do not buy soon we will certainly stock pile the cash reserves.

    I would not be surprised if the RE market drops another 10% or more so it could really work for us to wait and save.

    August 8, 2011 at 10:50 AM in reply to: Super Nervous about Buying #716848
    rent4now
    Participant

    It has been discussed but the economy seems to be in worse condition now than it did 6 months ago?

    Right now my job is pretty secure but who knows how things play out in the next couple years.

    If we do not buy soon we will certainly stock pile the cash reserves.

    I would not be surprised if the RE market drops another 10% or more so it could really work for us to wait and save.

    August 8, 2011 at 10:50 AM in reply to: Super Nervous about Buying #717209
    rent4now
    Participant

    It has been discussed but the economy seems to be in worse condition now than it did 6 months ago?

    Right now my job is pretty secure but who knows how things play out in the next couple years.

    If we do not buy soon we will certainly stock pile the cash reserves.

    I would not be surprised if the RE market drops another 10% or more so it could really work for us to wait and save.

    August 8, 2011 at 10:24 AM in reply to: Super Nervous about Buying #715983
    rent4now
    Participant

    I plan on having 6 months of reserves after our downpayment/closing costs are payed.

    A couple of my friends have lost their jobs recently which was a big wake up call.

    If the economy continues to tank and more jobs are lost I think it would be better to sit on the sidelines with cash?

    August 8, 2011 at 10:24 AM in reply to: Super Nervous about Buying #716073
    rent4now
    Participant

    I plan on having 6 months of reserves after our downpayment/closing costs are payed.

    A couple of my friends have lost their jobs recently which was a big wake up call.

    If the economy continues to tank and more jobs are lost I think it would be better to sit on the sidelines with cash?

    August 8, 2011 at 10:24 AM in reply to: Super Nervous about Buying #716673
    rent4now
    Participant

    I plan on having 6 months of reserves after our downpayment/closing costs are payed.

    A couple of my friends have lost their jobs recently which was a big wake up call.

    If the economy continues to tank and more jobs are lost I think it would be better to sit on the sidelines with cash?

    August 8, 2011 at 10:24 AM in reply to: Super Nervous about Buying #716823
    rent4now
    Participant

    I plan on having 6 months of reserves after our downpayment/closing costs are payed.

    A couple of my friends have lost their jobs recently which was a big wake up call.

    If the economy continues to tank and more jobs are lost I think it would be better to sit on the sidelines with cash?

    August 8, 2011 at 10:24 AM in reply to: Super Nervous about Buying #717185
    rent4now
    Participant

    I plan on having 6 months of reserves after our downpayment/closing costs are payed.

    A couple of my friends have lost their jobs recently which was a big wake up call.

    If the economy continues to tank and more jobs are lost I think it would be better to sit on the sidelines with cash?

    June 10, 2011 at 9:31 AM in reply to: Robert Shiller – home prices could slide for 20 years? #702303
    rent4now
    Participant

    Im 34 so if I wait 11 years ill be 45. Ill have to get a 15yr mortgage at that point..ha

    June 10, 2011 at 9:31 AM in reply to: Robert Shiller – home prices could slide for 20 years? #702402
    rent4now
    Participant

    Im 34 so if I wait 11 years ill be 45. Ill have to get a 15yr mortgage at that point..ha

    June 10, 2011 at 9:31 AM in reply to: Robert Shiller – home prices could slide for 20 years? #702994
    rent4now
    Participant

    Im 34 so if I wait 11 years ill be 45. Ill have to get a 15yr mortgage at that point..ha

    June 10, 2011 at 9:31 AM in reply to: Robert Shiller – home prices could slide for 20 years? #703144
    rent4now
    Participant

    Im 34 so if I wait 11 years ill be 45. Ill have to get a 15yr mortgage at that point..ha

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Viewing 15 posts - 46 through 60 (of 141 total)
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