You know, Rosie, you’ve got a good job and good credit history. You could probably get a no-down-payment mortgage setup. That’s what we have. Yes, you hear a lot of nonsense about them but we’re the sort of person they’re designed for - someone who wants a house and won’t have trouble with the payments, but don’t have $20k in the bank for a downpayment.
It might be harder in your area because finding something with a yard might be more expensive, I don’t know. But I’d recommend going and talking to a nice banker. Do it now while there’s no way you’re ready to move and they can’t pressure you into anything; and then you’ll know your options.
Yup. Down payment would have been nice.
Got to save up one of those. :P
Even without it though the house is only about 70 bucks more than I paid for rent of the apartment I use to have.
It’s an idea...probably worth looking into.
The trouble is that housing costs are really high here. A decent small house costs at *least* $125k, and most of the ones in that price range are manufactured style, which I’m not sure I trust. Most regular houses are closer to $200k. Or more. Even if I got financing for a house, I’d have trouble making payments. :-\ At this point, I really shouldn’t be getting into anything that involves payments over about $700 or $750, which is very limiting, even where just renting is involved.
But maybe. I dunno.