Good luck on getting your new house. I envy you.
This is a great time to buy. You could stand to wait a few months though.
Happy hunting.
Good luck in your house hunt!
At least you have some brains about it too, then and now!
Putting down 20% is the best way to go.
This is a great time to buy! So many choices, and you can get so much more house for less money! Keep us posted on the house hunt!
Yes, the best of luck to you and your family. I'm still a bit skeptical, and albeit scared to go house hunting. Maybe I'll check on your blog from time to time to see what happens. Maybe then your articles will grant me courage.
It does seem easier to get an FHA - my boyfriend got a loan with a ton of student loan debt. And we did only put about 3% down. But you do have to pay a hefty up front insurance premium (for us about $2k on a $149k house). The good thing though is that you can then transfer your interest rate to a qualified buyer when you sell, and with rates this low that might be a selling point in several years.
It's a tough time for everybody. My friend lost his job and moved in with me...........
It's a good time to find a new property, and a bad time to be selling, that's for sure. We are renting our place out while we live overseas, thank goodness, but when the time comes to actually sell it I hope we will have some insurance that the housing market has rebounded somewhat! I hope you find a great place for yourself...
Jerry
Commenting by HaloScan
