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re: Is avoiding PMI that important?
Posted on 12/30/14 at 11:45 am to XanderCrews
Posted on 12/30/14 at 11:45 am to XanderCrews
quote:
Im not real good at math, but if I sold my house myself at a price of 310k how much does that save me vs a realtor?
In the real world, the one where the unrepped buyer wants the unrepped buyer discount in the sales price cause he reads tigerdroppings, max 3%.
But that wasn't your original statement smart guy. If it was it was horribly, horribly worded.
Moving twice vs stretching into a mortgage with PMI on a conventional loan will be more expensive 99.999% of the time. Even without a realtor
This post was edited on 12/30/14 at 11:47 am
1
Posted on 12/30/14 at 1:27 pm to ItNeverRains
One more gentle suggestion: start "editing" your possessions now. If you plan to move in the next year, you'll need to do this anyway. Go thru all the kiddie crap, have a garage sale/eBay/craigslist what you don't use, do the same for hobby/rec stuff. You can make a little extra scratch to put toward a new house, will make your current circumstances less crowded, and will give you an appreciation for how much space you really need.
With oil where it is, I'd be waiting a bit to see where the housing market is headed (assuming you're in the oil patch areas).
With oil where it is, I'd be waiting a bit to see where the housing market is headed (assuming you're in the oil patch areas).
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