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re: Is avoiding PMI that important?
Posted on 12/30/14 at 9:15 am to foshizzle
Posted on 12/30/14 at 9:15 am to foshizzle
quote:
Here's another one - if you are early in your career and buying a place to stay in for the next 20-30 years while you raise a family, you might want to consider buying a bit more than you can afford right now. The idea here is that presumably you'll get some significant salary increases in the next 5-10 years and it'll work out.
This is horrible advice.
2
Posted on 12/30/14 at 9:26 am to OceanMan
I've been told by a friend who is an agent that for what we want to do, get as much house as we can afford.
I mean we're not going nuts its a 4 bedroom 3.5 bath, 3 car garage, and finished basement.
I'm certainly not buying something I can't afford.
I mean we're not going nuts its a 4 bedroom 3.5 bath, 3 car garage, and finished basement.
I'm certainly not buying something I can't afford.
Posted on 12/30/14 at 9:26 am to OceanMan
quote:
you might want to consider buying a bit more than you can afford right now
quote:
This is horrible advice
And PRECISELY the reason the bubble was created and subsequently burst.
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