Jeremy is driving out to visit this weekend. I can't wait to see him.
I've been pricing apartments in the Detroit area. I should just buy a house. It really is a buyer's market right now. There are deals for first-time home buyers, as well as zero down/zero closing fee deals. Would this be wise? It would significantly change my taxes for the better.
1 comment:
I have been contemplating buying a house. But I need to focus on saving money first. The things that you need to be aware of...you need to negotiate the real estate agents' commissions (both for the seller and the buyer), you'll have to pay the 1st year's homeowner's insurance up front, and depending on the time of year, you'll have to pay the summer taxes and/or repay the previous owner for last season's taxes. Make sure that you read all of the fine print and ask about everything that is expected of you. I've heard horror stories about how someone was not informed that they needed to bring a check for $xx thousand dollars to the signing and then the keys weren't handed over and the closing was delayed. Just be careful...and be sure that where you choose to buy a home is where you want to stay for a while.
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