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Old 01-07-2009, 07:59 AM
 
3 posts, read 7,636 times
Reputation: 11

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Hi , I wrk in Twinbrook and we are searching for a gud descent townhmes to buy in montgomery county.
Can u plz suggest me sme pretty safe , descent ,affordable school district zones keeping my commuting time in mind.
Is this a right time to buy a house? Advise
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Old 01-07-2009, 02:17 PM
 
3 posts, read 10,835 times
Reputation: 10
it is a great time to buy .....if you have good credit and can afford the payments
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Old 01-07-2009, 06:49 PM
 
1,389 posts, read 6,301,367 times
Reputation: 300
The minimum credit score now for a FHA loan is 580 credit score and you can get good interest rates in the 5% with a 580 credit score but you would have to put down 3.5% regardless of your credit score.
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Old 01-08-2009, 08:33 AM
 
3 posts, read 7,636 times
Reputation: 11
Thanks a lot.Ur replies are of gud help.
Can u plz advise on gud cities to luk 4..??
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Old 01-10-2009, 08:23 AM
 
217 posts, read 416,884 times
Reputation: 82
Default cindy

Quote:
Originally Posted by cindy1531 View Post
Thanks a lot.Ur replies are of gud hel
p.
Can u plz advise on gud cities to luk 4..??

Cindy, is your name spelled right? just wondering? with a good wholesome american name like that, you seem to be talking "illegal" talk.lol
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Old 01-10-2009, 12:33 PM
 
99 posts, read 505,265 times
Reputation: 42
Default texting

looks like cindy has been "txtng a lil 2" much LOL
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Old 01-10-2009, 04:57 PM
 
1,312 posts, read 4,775,894 times
Reputation: 1988
I agree...it's annoying to try to read it.
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Old 01-10-2009, 08:07 PM
 
460 posts, read 1,877,029 times
Reputation: 144
Quote:
Originally Posted by lscalder View Post
The minimum credit score now for a FHA loan is 580 credit score and you can get good interest rates in the 5% with a 580 credit score but you would have to put down 3.5% regardless of your credit score.

5% interest rate with a 580 credit score??? Really?? 580 to 619 is where the low credit scores start. jack that rate a few points.
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Old 01-12-2009, 08:48 AM
 
Location: Kensington, MD
106 posts, read 442,238 times
Reputation: 24
Right now with the rates as low as they are with a credit score as low as 580 you can get and FHA mortgage at 5% with 2 pts or 5/12% with one point up to 625,000.

There is alot on the market right now. There are many factors to finding something to buy. If you want to stay in the Rockville area there is a wide range of properties. How many bedrooms, amenties, prince range etc will all play a factor in your search.

You also mentioned commuting time but didn't say where you work,

Marilyn
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Old 01-12-2009, 08:57 AM
 
789 posts, read 2,563,957 times
Reputation: 129
Quote:
Originally Posted by Marilyn Emery View Post
Right now with the rates as low as they are with a credit score as low as 580 you can get and FHA mortgage at 5% with 2 pts or 5/12% with one point up to 625,000.

There is alot on the market right now. There are many factors to finding something to buy. If you want to stay in the Rockville area there is a wide range of properties. How many bedrooms, amenties, prince range etc will all play a factor in your search.

You also mentioned commuting time but didn't say where you work,

Marilyn
wow - look how times have changed. When I bought my first home in MD back in 1988 FHA was only up to $170 I think.

So what is considered a jumbo now?
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