I'm ready to rear into the market. I hold a very appropriate credit score (above 700) and am planning on putting a 10K downpayment on the property. I know its not deeply but I think its rational. I am able to0 affird a mortgage of no more than $1800 month and am looking for a property near at least 2 bedroom and 2 bathrooms. Any suggestions on where on earth to look? Am I asking for too much based on my affordability? I dont want to do 100% financing so please dont suggest it.
Answers: If you buy a home, you can rent out rooms if you resembling, to help come together your mortgage.
If you buy a condo, you cannot rent, you cannot paint, you fight for parking, you payment fees and live by the community rules.
A townhome is less restrictive than a condo, but the HOA biddies can drive you nuts. AND your neighbors are totally close.
It seems that homes hold their good point better than town homes and condos, and usually will appreciate more. I have lots of friends surrounded by condos and they hate have people above them,and subsequent to them and below them. If you can find a house you can afford I would definitely achieve a house. Town home as a second option, condo as a closing resort.
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Answers: If you buy a home, you can rent out rooms if you resembling, to help come together your mortgage.
If you buy a condo, you cannot rent, you cannot paint, you fight for parking, you payment fees and live by the community rules.
A townhome is less restrictive than a condo, but the HOA biddies can drive you nuts. AND your neighbors are totally close.
It seems that homes hold their good point better than town homes and condos, and usually will appreciate more. I have lots of friends surrounded by condos and they hate have people above them,and subsequent to them and below them. If you can find a house you can afford I would definitely achieve a house. Town home as a second option, condo as a closing resort.
Resolved Questions: