- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Questions About Buying House
Posted on 8/16/13 at 8:28 am to AUtigerNOLA
Posted on 8/16/13 at 8:28 am to AUtigerNOLA
Yeah. I'm trying to buy a house around Lafayette. I can't find anything decent under 170k. I have the 20% to put down but I don't wanna throw all my cash out the window at one time
2
Posted on 8/16/13 at 9:24 am to CP3LSU25
quote:
Yeah. I'm trying to buy a house around Lafayette. I can't find anything decent under 170k. I have the 20% to put down but I don't wanna throw all my cash out the window at one time
I hear ya. Tough decision. Ideally, you want at least 25-30K in emergency funds/cash on hand at all times. Its a bad idea to throw all your cash on a down payment on a house, IMO. You can try to look for a 10% down from a lender. FHA loans kind of suck now because of PMI for the life of the loan(if im not mistaken). Used to be 5 years or until 20% equity in the house. There were probably some other ways to avoid PMI years ago but now its pretty much unavoidable with FHA.
Posted on 8/16/13 at 12:50 pm to CP3LSU25
If you don't have a good realtor, let me know and I'll give you my email address. I've been in real estate a long time and in Laffy for about 12 years now. Would be happy to help or just answer any questions you might have.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News