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03-29-2005, 11:55 AM
| #31 | |
| Assistant Regional Mod  Join Date: Mar 2005 Location: Warrenton VA Age: 33
Posts: 2,953
| Re: Rent or Buy? Quote:
Like I said before, most lenders allow up to 3% back in cash/closing above the appraised price if you go conventional financing. | |
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03-29-2005, 12:27 PM
| #32 |
| Playmaker  Join Date: Feb 2004 Location: Frederick, MD Age: 34
Posts: 4,365
| Re: Rent or Buy? when i bought my condo 2 years ago, i was able to secure a 102% loan through the bank because I was a first time home buyer. I ended up putting like $450 down on a 80K condo. My interest rate is locked for the 1st 5 years of the loan, and can only go up a single percentage point from year to year. I make very modest monthly payments (which includes escrow), and am able to make double payments from time to time. the biggest thing when purchasing is to make sure you are not living beyond your means. i know people not making as much as I am getting loan offers for much more than they can afford.
__________________ Bad Things man, I mean bad things... “WE TOOK HIM IN THE SIXTH ROUND SO WE'RE NOT SMART EITHER.” - Shanny on what the Skins saw in Alfred Morris |
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03-29-2005, 12:33 PM
| #33 |
| Robert Griffin III  Join Date: Feb 2005 Location: Leesburg, VA Age: 32
Posts: 1,495
|  Re: Rent or Buy? If anyone needs professional advice away from this site, please private message me. I am a licensed realtor, licensed settlement and title agent, and a marketing rep for a large Settlement company in Northern VA. We have 24 offices. I can answer any question you may have about specifics. And I love to give free advice to fellow skins fans. -eric
__________________ Robert Griffin III |
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03-29-2005, 12:53 PM
| #34 | |
| RG Glee  Join Date: Feb 2005 Location: Newtown Square, PA Age: 33
Posts: 7,892
| Re: Rent or Buy? Quote:
Great to know so many mortgage experts are on this site. I know some about the subject, being a financial type guy, but it's great to know we have so many professional mortgage experts here for advice. I might seek you guys out a few years down the road to check into refinancing options. Thanks! | |
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03-29-2005, 01:28 PM
| #35 |
| Playmaker  Join Date: Feb 2004 Location: Rehoboth Beach, DE
Posts: 3,494
| Re: Rent or Buy? I don't know if I qualify as a mortgage expert, but I've had few, so that puts me in the right category. You're right Schneed, this is much better than at a Cowboys forum, where they debate "Chaw or Dip?"
__________________ There's nowhere to go but up. Or down. I guess we could stay where we are, too. |
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03-29-2005, 01:31 PM
| #36 |
| I like big (_|_)s.   Join Date: Dec 2004 Location: Lexington, Virginia Age: 31
Posts: 17,119
| Re: Rent or Buy? I like dip and if anyone says chaw is better I'm going to finish kissing my sister, bring my shotgun and my entire trailer park and come and getcha!!!
__________________ Regret nothing. At one time it was exactly what you wanted. |
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03-29-2005, 01:31 PM
| #37 |
| I like big (_|_)s. Join Date: Dec 2004 Location: Lexington, Virginia Age: 31
Posts: 17,119
| Re: Rent or Buy? It's great. We have deep political, mortgage and Question 3 discussion...
__________________ Regret nothing. At one time it was exactly what you wanted. |
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03-29-2005, 02:34 PM
| #38 | |
| Playmaker Join Date: Feb 2004 Location: Rehoboth Beach, DE
Posts: 3,494
| Re: Rent or Buy? Quote:
__________________ There's nowhere to go but up. Or down. I guess we could stay where we are, too. | |
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03-29-2005, 02:38 PM
| #39 | |
| Mad Men  Join Date: Feb 2004
Posts: 43,097
| Re: Rent or Buy? Quote:
__________________ You're So Vain...You Probably Think This Sig Is About You | |
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03-29-2005, 02:44 PM
| #40 |
| I like big (_|_)s. Join Date: Dec 2004 Location: Lexington, Virginia Age: 31
Posts: 17,119
| Re: Rent or Buy? Cowboys forums also discuss the hottest women but normally that is limited to their own gene pool. BrudLee, my uncle/brother can kick your sister/aunt/mother's ass! CHEVY RULES!!!
__________________ Regret nothing. At one time it was exactly what you wanted. |
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03-29-2005, 04:06 PM
| #41 | |
| Living Legend  Join Date: Jun 2004 Location: Springfield, VA Age: 30
Posts: 15,618
| Re: Rent or Buy? Quote:
__________________ Who says shameless self promotion is stupid? oh yeah, that was me... Click For Tunes! | |
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