Quote:
Originally Posted by SS66
I think something on you shrunk up a little? If you have a good job it is a buyers market. Plenty of foreclosures and homes on the market. Coupled that with low interest rates its buy buy buy. I agree the house etc. followed with some toys is good planning. I am sorry but their is no reason not to buy a house if you can afford it. More times than often it is good money spent over time. Right now we have a 15 year morgage at less than 3.5 percent. Crazy good! I think the original poster should look at something else. I do give them kudos for setting down and looking at overall cost. Very smart and honest assessment on his part.
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If you have 20% in down payment sure. If not, you are screwed.