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re: How screwed am I by not putting down 20% on a home purchase?

Posted on 7/30/16 at 9:36 am to
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 7/30/16 at 9:36 am to
You mean while throwing money away on closing costs, insurance, interest, taxes, home repairs, etc?

Not sheriff srs.

This post was edited on 7/30/16 at 9:38 am
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
49041 posts
Posted on 7/30/16 at 10:57 am to
quote:

You mean while throwing money away on closing costs, insurance, interest, taxes, home repairs, etc?


Depends on how you look at it. I don't consider it "throwing money away".

Sellers paid all closing costs for me. Luckily I have not had any serious home issues repair wise

I will agree that you probably shouldnt buy a home if you know you won't even stay 5 years.
Posted by WG_Dawg
Hoover
Member since Jun 2004
86562 posts
Posted on 7/30/16 at 1:23 pm to
quote:

You mean while throwing money away on closing costs, insurance, interest, taxes, home repairs, etc?


Well I'm 30 and the last 9ish years I've been throwing money away by renting with zero to show for it in return.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74306 posts
Posted on 7/31/16 at 8:14 am to
quote:

You mean while throwing money away on closing costs, insurance, interest, taxes, home repairs, etc?

Not sheriff srs.


Wow
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