Users Online Now:
Donate To GLP
Back to Forum
Back to Thread
REPLY TO THREAD
Anybody in real estate?
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 15232842:MV8yMDY3OTQ5XzM0ODAyMDEwXzRDQUQ2RTlG] [quote:Anonymous Coward 7736082:MV8yMDY3OTQ5X0U0Q0JCQTVE] I officially now have $30,000 saved up to buy a new home howeber I have very little credit. I only have one Visa card that I've had about 2 years. I get many offers in the mail just havn't followed up on getting a second one yet. But If I'm looking for homes priced around $60,000 to $80,000 and put up around $20 to $25,000 for a downpayment (including closing costs) does my credit score really matter? My goal would be to have my morgage around $350 a month or cheaper. I take home after taxes about $1,400 a month. First time home buyer so any help GLP can offer I would greatly appreciate it. [/quote] I'm a broker and banker with 30 years experience and you won't have any trouble at all unless the house has major deferred maintenance or structural issues (bad roof or foundation, etc.). If you can buy a home that cheap in an area you like and are comfortable with (for many reasons), do it, otherwise I would hold on to the cash. Shop credit unions in your area for the best rates. They are also more "customer focused" than a big bank, but about the same as a community bank. Note to self. Check out Delaware as a place to move to ; ) [/quote]
I officially now have $30,000 saved up to buy a new home howeber I have very little credit. I only have one Visa card that I've had about 2 years. I get many offers in the mail just havn't followed up on getting a second one yet.
But If I'm looking for homes priced around $60,000 to $80,000 and put up around $20 to $25,000 for a downpayment (including closing costs) does my credit score really matter? My goal would be to have my morgage around $350 a month or cheaper. I take home after taxes about $1,400 a month.
First time home buyer so any help GLP can offer I would greatly appreciate it.
Pictures (click to insert)
Big Round Smilies
Aliens and Space
Friendship & Love
Misc Small Smilies
View All Categories
Next Page >>
Google open up users' archives of Gmail and Calendar for downloading
Surprise! Plenty of Obama money for these people Newest plan for stabilizing economy not intended to help U.S
Strange malware thought to communicate over computer speakers
Universe: Top scientists gather in Dallas to dissect space, matter, time
Great pyramids of the gophers? Digging deeper into the Mima mystery
Android to settle with FTC over flashlight app that sent location data to advertisers
Governments Will Eventually Have to Get in Bed with Cryptocurrencies
The Fight to Control the Global Climate
Food safety Supermarkets selling chicken that is nearly a fifth water
Female army members allegedly pressured into prostitution by officers at Ft. Hood
Airports Sue TSA over who guards the exits
Your iPhone Will Talk to Stores While You Shop
NYPD Orders Precincts to Deny Journalists Access to Crime Reports
IRS using Google Maps to spy on taxpayers
Microsoft Calls Government Spying an ĎAdvanced Persistent Threatí
Colonel Who Vowed to Disarm Americans Works With Homeland Security
When Will The Sun Poles Flip? NASA Scientist Explains
Private company plans US's first controlled moon landing in 40 years
It Looks Like Brian The Dog Will Be Back On 'Family Guy' After Being Killed Off
DARPA is definitely not building a giant death ray in space
Japan passes a democracy-muzzling Patriot Act
Privately Owned Prisons Suing States Over Lack Of Prisoners
Flashlight Android App Stole Users Information
Bank of America Sets a Value on BitCoin
Researchers show possibility of cloning quantum information from the past
Disclaimer / Copyright Info
with questions or comments about this site.
"Godlike Productions" & "GLP" are registered trademarks of Zero Point Ltd.
Website Design Copyright © 1999 - 2014 Godlikeproductions.com
Page generated in 0.005s (5 queries)