How do we, myself and my boyfriend prepare financially, mentally, in stability (jobs), and in knowing what to expect? Most importantly financially?
Will we get any city credits?
How much should we save/put down?
Doctor Deth,
because I live in chicago where home prices are well about the national average I cannot afford anything but a condo. I know it will be a better investment than continuing to rent.
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{ 5 comments… read them below or add one }
I was doing hard work of finding home based jobs. Luckily I found this website: http://www.wah-jobs.net They gave me list of top companies. I clicked and find many jobs. Did one job and received my pay yesterday. Best place for home based jobs.
condos are the worst type of real estate investment
monthly condo fees that always go up and are not tax deductible
hardest type of realestate to sell, especially when market is down – they lose a lot of value
$8000 federal 1st time homebuyers credit is probably only assistance and you would need a total of 10-30% in cash for down payment, closing costs, appraisals, inspections, etc, plus $100,000+ combined income to get a mortgage that large
10% down minimum, have 6 months income banked, hope you have a log term job.
lol ur still here..
well like u said save monthly! its the best u can do with this crisis
i have the same question!
I want to buy a condo when im older and i just want to be prepared!
please answer my question,
http://answers.yahoo.com/question/index;_ylt=AmomiLEX4QPj6siHOmmBAxcjzKIX;_ylv=3?qid=20090716224741AA7XWiO