Home purchasing

ATobin · 02-05-2011, 08:24 PM

Thanks for your thoughts so far guys. A walk in humi is definitely a no go at this point in time, but a nice smoking porch is a must.

Our plan is to pay off the second car next week and wait 3-4 months then check our credit score and see where we're at (my student loan balance makes my income-debt ratio look outstanding

) Right now I think we're looking at a 30 year VA @ 5.5%, which isn't bad IMO and we would repay early.

Has anyone dealt with buying a foreclosure or short sale property? There seems to be a lot of them in today's market and they seem like a deal, and we (me) aren't afraid to get our hands a little dirty with slight remodeling.

02-05-2011, 08:24 PM	#8
ATobin El Nino Join Date: Nov 2010 Location: Theresa, NY Posts: 35 Trading: (0)	Re: Home purchasing Thanks for your thoughts so far guys. A walk in humi is definitely a no go at this point in time, but a nice smoking porch is a must. Our plan is to pay off the second car next week and wait 3-4 months then check our credit score and see where we're at (my student loan balance makes my income-debt ratio look outstanding ) Right now I think we're looking at a 30 year VA @ 5.5%, which isn't bad IMO and we would repay early. Has anyone dealt with buying a foreclosure or short sale property? There seems to be a lot of them in today's market and they seem like a deal, and we (me) aren't afraid to get our hands a little dirty with slight remodeling.