My husband and I are in our early twenties, i've been renting since the age of 16, and i think it's time to buy a house. We are going to be starting a family asap, and a one-bedroom apartment won't cut it for three people and pets.
Since i'm completely clueless as to how mortgage's work, what's the first step? Do we discuss this with our banks, have to save up at least 20 grand? Take out a loan? How does a mortgage work?
We're both looking to getting a house within the next year, does this sound reasonable? We both have full time jobs, I bartend, he works $13/hr. With our income do you think we have a chance of buying?
I feel as if i've wasted thousands of dollars from renting, which could have just gone into a new house.
2006-09-09
06:51:49
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18 answers
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asked by
Anonymous
in
Renting & Real Estate