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re: Buying Home Question

Posted on 10/25/13 at 8:04 pm to
Posted by Sternocleidomastoid
La Northshore
Member since Apr 2010
214 posts
Posted on 10/25/13 at 8:04 pm to
Keep your credit strong.

Save for 20% down (no mortgage insurance at your age).

Budget for monthly note, R.E. taxes and insurance in total not to exceed 20 - 25% (max) of your monthly take home pay.

With interest rates relatively low, finance fixed rate for 30-years.

Do not build home crystal meth lab!

Kidding...

Best of luck.

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