Tuesday Oct 23, 2007

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HEY! anyone selling a house around charlotte/huntersville?

i've decided that i'm finished with rent. it's really useless when a mortgage payment is less than rent would be on a house. i'm 22. for me that's high time to be out of apartments and roommate situations.

i want a cute little house with wood floors and a fireplace.
i've looked at some previously...there are a LOT of foreclosures on nice ass places under $110,000 .

i don't know how to go about it though...none of the realtor sites list foreclosures and none of the foreclosure sites are free.

i figure i'll make a $15,000 down payment, maybe more if i can get it by the time i want the house. my only debt is student loans with low monthly payments i have to start making in 8 months (about $15,000...i got a LOT of scholarships) so it's not going to be hard to get up a good sized down payment.

i guess once i have my down payment all i have to do is call some house person and be like "yo i want your house!" and then talk to the bank about a loan? orr....do i talk to the bank first? wtf man.

VIEW 16 of 16 COMMENTS
schiavona:
I'd say to get a realtor before buying a house. A good one will help guide you through the process, make recommendations, and try to keep you from any "gotchas" when buying. Although it is a little extra money, always always get an inspection to make sure things are solid. Usually if you can come up with 20% of the price of the house you will get a cheaper mortgage rate, although there's ways around that too. Foreclosed houses are usually trashed by the evictees, so make sure to check them out thoroughly.

Having gone through this myself (a very good experience) with our house, and several friends, I do have some info on the process, so feel free to ask.

Oh, and it was great to meet you on Saturday. smile

kiss kiss
cyanyde:
I've been thinking about finding something to buy, too. I've rented all of my life, now I think it would be nice to have something of my own. You mentioned foreclosures...my sis worked at a bank, and she told me you can go to the bank and talk to a loan associate about getting a list of local foreclosures. I guess that would be a start. I think I'm gonna check that out soon, too. biggrin kiss

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