Comments on: bumpy housing adventure http://theweightofmoney.com/2006/06/bumpy-housing-adventure.html understanding the weight of money Thu, 20 Nov 2008 21:27:54 +0000 http://wordpress.org/?v=2.6.2 By: Housing Adventure: Offer Accepted » The Weight of Money http://theweightofmoney.com/2006/06/bumpy-housing-adventure.html#comment-3062 Housing Adventure: Offer Accepted » The Weight of Money Wed, 11 Apr 2007 20:07:16 +0000 http://theweightofmoney.com/?p=36#comment-3062 [...] I figured we’d lost the house, but I got a call today and they accepted our compromise and it looks like all system go for getting the house. Now, I’m refusing to get excited because we’ve made it to this point before. I’ll get excited after all the inspections come up clean and it appraises high enough. [...] [...] I figured we’d lost the house, but I got a call today and they accepted our compromise and it looks like all system go for getting the house. Now, I’m refusing to get excited because we’ve made it to this point before. I’ll get excited after all the inspections come up clean and it appraises high enough. [...]

]]> By: mapgirl http://theweightofmoney.com/2006/06/bumpy-housing-adventure.html#comment-29 mapgirl Fri, 30 Jun 2006 04:18:00 +0000 http://theweightofmoney.com/?p=36#comment-29 I'm with Kira. If you could pay down all your credit cards and be in a stronger financial position to get more traditional financing, I think you'd be better off. Sinking money into a fixer upper isn't fun and having the cash money to use for repairs will be really important. Waiting just that much more will make the home purchase less of a headache. I’m with Kira. If you could pay down all your credit cards and be in a stronger financial position to get more traditional financing, I think you’d be better off.

Sinking money into a fixer upper isn’t fun and having the cash money to use for repairs will be really important. Waiting just that much more will make the home purchase less of a headache.

]]> By: Kira http://theweightofmoney.com/2006/06/bumpy-housing-adventure.html#comment-28 Kira Mon, 26 Jun 2006 18:46:00 +0000 http://theweightofmoney.com/?p=36#comment-28 Wow, yeah, it definitely sounds like renting would be better for you right now. If you are only paying interest for the first 5 years, but you don't think you'll be in the house very long, you could easily end up upside down after a few years, and after having spent all that money on the mortgage you won't have the savings to get out of it. Wow, yeah, it definitely sounds like renting would be better for you right now. If you are only paying interest for the first 5 years, but you don’t think you’ll be in the house very long, you could easily end up upside down after a few years, and after having spent all that money on the mortgage you won’t have the savings to get out of it.

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