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Old 08-20-2007, 07:05 PM
 
458 posts, read 598,581 times
Reputation: 136

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Quote:
Originally Posted by Carbondated View Post
I couldn't agree more with the previous posters. My husband and I are potential buyers, and our plan from the beginning has been to have the traditional 20% down payment, as well as, a years salary in the bank, for a financial cushion.
We are cautious, when it comes to our hard earned money (none borrowed from family) and our home will be our biggest purchase together. We are waiting patiently while the prices are coming down very slowly. We also are aware, however, that if we should "fall in love" with a particular home, we will not hesitate to make a bid on it.
That sounds like a great plan. When we return to Florida next year we plan to rent for a while and look for the right house at a decent price. 20% down and no funny financing!
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Old 08-21-2007, 09:14 AM
 
Location: Florida
1,738 posts, read 8,274,874 times
Reputation: 678
Quote:
Originally Posted by ddlove01 View Post
Aww Kelly, I wish you luck! Our closing date is August 30th. We had all our inspections last week and mostly everything came in clean...we have to have the AC coils cleaned and replace something on the fuse box, but other than that, we are all set! Closing is going to be expensive....the Doc stamps are $1400!!!
hey, thats not bad for an inspection. YAY FOR YOU!
I'm ok! We are in a tricky spot. Starter homes attrack new buyers, it's just part of the game. They are lining up to buy the house, just waiting for one to get approved!!!!
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