Houses
#11
So i basicly got no way in hell for most part. Unless i go by way of almost half cost on down payment? The place i was looking at was 172,000 and was 3 bedroom 2 bath, with 2 car block garage behind the place.
#12
Assuming it's here in florida you can look at paying about $1700 a month after taxes and insurance assuming you put only 25% down. Insurance will be about $3000 a year, taxes about $2500 and power will be about $250 to 300 a month for a house that size.
#13
When you've got a good job and a little money saved and can comfortably afford the payment by yourself, then by all means buy a house. If you can rent a room or two out to some friends to put towards the payment, that's even better.
Otherwise, I'd suggest you skip it.
That being said, I wish I'd bought my first house sooner than I did.
Otherwise, I'd suggest you skip it.
That being said, I wish I'd bought my first house sooner than I did.
#15
Originally Posted by rowtareh' post='836599' date='Sep 11 2006, 06:24 PM
Move to another state. Florida is cheap, but certainly not the cheapest. Move out midwest, you can buy a house for as much as a car!
and earn half as well
#16
Originally Posted by Rob x-7' post='836606' date='Sep 11 2006, 07:05 PM
and earn half as well
or less, like here, if you don't come with a downpayment you can't afford to live here, wages havent even came close to catching up to house prices
#17
Originally Posted by Rob x-7' post='836606' date='Sep 11 2006, 07:05 PM
and earn half as well
nope. you are wrong sir. i looked into it the first time you said it. it's the same exact pay. well, at least where I might be moving to that is. don't know about bumfuck oklahoma or some ****.
#18
Wait a while, new housing sales in the US dropped 21% in July.
That market seems to be slowing down, wait for resales to do the same.
Save some cash! Seriously you don't want to be "house poor".
And being able to afford a house with the help of 2 others means . . you can't afford it.
So start saving now!
That market seems to be slowing down, wait for resales to do the same.
Save some cash! Seriously you don't want to be "house poor".
And being able to afford a house with the help of 2 others means . . you can't afford it.
So start saving now!
#19
well tecnicaly as long as i keep my gigs up ill be making 2k/month so for most part on money id be ok, granted theres no way of knowing if that will keep up. On top of that i work on cars still on weekends. I can make money just need to be able to show it i guess.
#20
Originally Posted by Seppuku' post='836828' date='Sep 13 2006, 10:36 AM
well tecnicaly as long as i keep my gigs up ill be making 2k/month so for most part on money id be ok, granted theres no way of knowing if that will keep up. On top of that i work on cars still on weekends. I can make money just need to be able to show it i guess.
Money talks. Save up a 20% downpayment and you can avoid PMI. 10 or even 5% is going to make the loan approval much easier.