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Old 02-17-2010, 12:12 PM
 
12 posts, read 37,338 times
Reputation: 10

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Here is my situation. I am paying 1720$ for 2 bedroom apt here. Seriously considering buying a condo of 1500 sqft now as this summer I will be renewing the lease and will be again stuck for a year. Is it a good time to buy now? As per my calculation, If I buy with 20% down I will be paying ~22-2300 per month including everything, that is 600 increase from my current rent. Please advice.

Thanks
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Old 02-20-2010, 04:11 PM
 
Location: Darien ct
129 posts, read 375,657 times
Reputation: 53
Great Time to buy.Record interest rate...lots of inventory,in Stamford.The only problem has been getting mortgage money.You must be clean as a whistle credit wise and perhaps have more than 20% down depending.
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