11-06-2010, 12:09 AM
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#70
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Senior Member
How Do You Identify?: Queer/lesbian femme
Preferred Pronoun?: She/her
Relationship Status: Married to my love 08.15.15
Join Date: Nov 2009
Location: Indianapolis, IN
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Quote:
Originally Posted by gayla
I don't think it's crazy or silly and I think it's very possible. I'll tell you the same thing I tell everyone else right now - with interest rates as low as they are, it's crazy and silly not to buy right now if you can.
As for the house vs condo thing, condo sales right now are hard and I don't see that changing any time soon, so it would be very easy to buy a condo but probably very difficult to resell a condo in the future. You have a much better chance of getting your money back out of a house than you do back out of a condo. Not to mention, with single family home prices as low as they are, why share walls if you don't have to!
We were talking about interest rates the other day (well, as we do most everyday because they are still freakishly low) and my lender sent me some info about how it can take as little as $44,000 of annual household income to qualify for a $250,000 mortgage. If you're even thinking about thinking about buying at some point in the future, it's a good time.
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Thanks, Gayla! Just gotta get my confidence back under me and back on track savings-wise. This whole moving to Tacoma thing has really rattled me in a way I wasn't expecting.
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"The world in which you were born is just one model of reality.
Other cultures are not failed attempts at being you;
they are unique manifestations of the human spirit."
~Wade Davis
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