Re: About to buy a house
Have you already done things such as:
Close out old credit cards and reduce the number of active ones you have accounts with?
Gotten credit history checks yourself from 2-3 of the companies, to make sure there are no surprises you need to fix first?
Gotten some information on housing resell values, both for the builder and the area that you're in?
Gotten a ranking and history of the school district you're in, which could affect your resell ability?
Gotten an estimate on taxes for the residence and compared them to neighboring areas?
I hope this place is going to be bigger than your current place? Will the builder have any problems configuring the gaming room?
Think very hard about the loan you'll get. I don't see interest rates dropping in the next few years, but how high they go, and how long you estimate you'll be there, is a key factor in your loan type.
We went from an apartment, to a twin (because of A-man) to an apartment, to the current location (because of Z-man)
We sold the twin for what we paid for it, and felt lucky to do so given the area/school district, so we lost money on that.
BTW- are you *ahem* buying this with anyone?
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