I'm thinking about buying my first home... the place seems perfect

[pooja]

I can pick up the loan. Its a bit more financially than I have been paying for an apt, but it seems like everything is just right. Anyway, what do ya'll think? If it goes through it would be set on the first of the year. I know that I am looking to make changes all around for my own life. I see it as a start for good things. (good things happen on odd numbered years for me.

[Bluestar]

1. I always think real estate is a good investment . . .

but then, I come from a realtor family. Don't forget you will get a tax deduction for the interest on the mortgage--it could actually be that you will pay less than your current rent with this deduction.

Good luck to you--I'm sending good energy.

Bluestar

[NMDemDist2]

2. how exciting, but may i suggest purusing the Economy forum for a

few minutes?

the housing bubble hasn't hit bottom yet it seems. however, interest rates probably won't go lower so it's a good time to lock in low financing

:shrug:

[pooja]

3. I think that I can get them to drop this house to 150,000

they were originally asking for 189000. And I think I can get seller to pick up closing costs... Anyway, they are out of the house.. and I'm sure 50,000 would be nice for x-mas... I know the original price they paid.