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Topic | Buying a house |
KingButz 12/22/20 12:55:48 AM #12: | If you have great credit, mortgage insurance might be reasonable if you can put 10-15% down. If you don't, then really try to get 20%. In normal times, I would say go to a lot of open houses, but I guess you will have to get private appointments for now. Budget 1-2% of the house value annually for upkeep. Your total debt to income ratio should be 30% or less. And I agree with those that say you can't really time the market. It seems like a bad time to buy but it also may never get any better. One of the positives now is that mortgage rates are at an all time low. --- rip imgcake ... Copied to Clipboard! |
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