Jessica 0 #26 January 25, 2003 Good points. I'd probably only get a loan for about half of what I "qualify" for, so even with taxes and insurance, it wouldn't be much more than I pay in rent right now anyway.Skydiving is for cool people only Quote Share this post Link to post Share on other sites
Dumpster 0 #27 January 25, 2003 We just refinanced on a house we purchased about a year and a half ago- A full point lower. It appraised a full 25 grand more than at purchase time. Real estate is a very good investment in the right market. Easy Does It Quote Share this post Link to post Share on other sites
skycat 0 #28 January 25, 2003 My only advice is do not get state farm for home owners insurance. One of the guys I work with had the pipes leading to his house collapse. $6000 bill due to the street and front yard having to be dug up. Anyway, the guy doing it said that most insurance companies will pay for those kind of repairs. He checked it out, state farm won't....actually if the pipes in your house break, they will pay for the damage but not the pipes. I'm not sure who he went with, but he already has found an insureance company that will cover it if it happens again. So look around and find out who covers what before you pick an insureance company.Fly it like you stole it! Quote Share this post Link to post Share on other sites