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Re: A Wedding, a wife, a house oh my!!!
Quote:
Originally Posted by firstdown
Well paying of dept is fine but if its not out of line it should not hurt you too much. You cannot buy a home without a down payment so I would think saving for the down payment is also an issue. You may want to rent for the first year or so your married and get all your financies in line then think about buying a home. With that said I would also keep an eye on the market and if you see home values going back up buy before they go up too much.
Another good idea is to go to your banker and have them pull your credit and qualify you fo a loan. They then can make recommendations to help you when your ready to buy.
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Not really true...you can buy a home without a down payment, albeit maybe not a $300,000 home, but it's possible as long as you're willing to pay PMI.
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