Foreclosed homes? - Page 2

**vandejm** · 5-18-08, 13:43

i own a 220k house for which i have 155k (orig mortgage was 185k) remaining on the mortgage.

make 2600 a month and pay 600 biweekly and i live good...its all in where you waste your money in other places...

**Mazda4ever** · 5-18-08, 17:19

Yeah Im looking at alot of houses right now around 100k give or take 20k. Its going to be my girlfriend and her sister living wherever we go, its not like they are [fizzle]-offs either, they both hold jobs and go to school. Meh whatever happens happens I guess.. Ive been too cautious up to this point, worrying about risks is going to keep me in my mothers basement forever, or stuck in a [shizzle]hole when I know I could be doing better.

**nate_v8** · 5-19-08, 7:08

Just don't let your girlfriend and sister's names on the deed. Astrochimp I hope your not calling me an idiot, the house my wife and I bought is much better than the house we rented. The rental house was nice, but small and close to neighbors and the house I purchase has a two car garage, little over an acre of property, 3 bedroom, big kitchen, and furnished with brand new appliances and furniture. My point is when you buy a house it's not necessarily cheaper, the closing alone is a few thousand dollars.

**BSmoothXTR** · 5-19-08, 7:36

He was saying no one would pay 700+ on a house payment and then rent it to someone else for 485. He didn't mean you.

Anyway, $165,000 less than $1000 a month. This is our second house we purchased, and my name is the only name used. Wife's name wasn't on it because she shot the payment up too high.

**Mazda4ever** · 5-19-08, 7:55

Still looking into it, supposedly need like 3-4% my boss at work said if I want to get an FHA loan? Bah I need to do more research!

**nate_v8** · 5-19-08, 8:09

I got my home loan from a credit union and had to put nothing down, other than the closing cost which like I said is a few thouand dollars. I just closed on my house two weeks ago.

**Mazda4ever** · 5-19-08, 8:14

Quote:

Originally Posted by nate_v8

I got my home loan from a credit union and had to put nothing down, other than the closing cost which like I said is a few thouand dollars. I just closed on my house two weeks ago.

My bank is a credit union.. so I'll have to call them sometime this week, sleep and my DSM are whats on my mind more than getting a house.. ive got a few months to figure out those details.

**astrochimp** · 5-19-08, 10:49

HUD is running a deal where you can get one of their houses for $0 Down(if they're still running it).
I think they chip in for Your closing costs too.

get a Sweet Fixxer upper in a nice neighborhood and build equity fast.

5-18-08, 17:19	#17 (permalink)
Mazda4ever Another DSM owning prick! Join Date: May 2004 Location: Woodstock, IL, USA Age: 21 iTrader: (0)	Yeah Im looking at alot of houses right now around 100k give or take 20k. Its going to be my girlfriend and her sister living wherever we go, its not like they are [fizzle]-offs either, they both hold jobs and go to school. Meh whatever happens happens I guess.. Ive been too cautious up to this point, worrying about risks is going to keep me in my mothers basement forever, or stuck in a [shizzle]hole when I know I could be doing better.
	2004 Volcanic Red Mazda6 MTX Fully loaded!: MonsterKnobs.com Shift knob \|\| SRT4 wannabe exhaust \|\| TWM STS \|\| CP-E Rear Engine mount \|\| E-Gay CAI \|\| Silviaparts.com Eyelids \|\| 2-tone Sport grill \|\| 18" Rota P1 Hyperblack rims

5-19-08, 7:08	#18 (permalink)
nate_v8 Love you long time! Join Date: Feb 2007 Location: Beaver, OH, USA Age: 22 iTrader: (4)	Just don't let your girlfriend and sister's names on the deed. Astrochimp I hope your not calling me an idiot, the house my wife and I bought is much better than the house we rented. The rental house was nice, but small and close to neighbors and the house I purchase has a two car garage, little over an acre of property, 3 bedroom, big kitchen, and furnished with brand new appliances and furniture. My point is when you buy a house it's not necessarily cheaper, the closing alone is a few thousand dollars.
	Don't say sdk, it's two points.

5-19-08, 7:36	#19 (permalink)
BSmoothXTR Join Date: Dec 2000 Location: Shreveport, LA, USA Age: 27 iTrader: (0)	He was saying no one would pay 700+ on a house payment and then rent it to someone else for 485. He didn't mean you. Anyway, $165,000 less than $1000 a month. This is our second house we purchased, and my name is the only name used. Wife's name wasn't on it because she shot the payment up too high.
	1993 MX-6, KLZE, 5spd, Black, JSpecs, Eibachs, Tokico Blues, SSAutochrome header, STS, steel braided clutch line, Addco rear sway bar, Corksport Stainless Steel brake lines, MBX SS radiator hose, Circle Earth grounding kit http://www.mx6.com/forums/vbgarage-member-653.html 2008 Nissan Titan Crew Cab and 2008 Nissan Altima

5-19-08, 7:55	#20 (permalink)
Mazda4ever Another DSM owning prick! Join Date: May 2004 Location: Woodstock, IL, USA Age: 21 iTrader: (0)	Still looking into it, supposedly need like 3-4% my boss at work said if I want to get an FHA loan? Bah I need to do more research!
	2004 Volcanic Red Mazda6 MTX Fully loaded!: MonsterKnobs.com Shift knob \|\| SRT4 wannabe exhaust \|\| TWM STS \|\| CP-E Rear Engine mount \|\| E-Gay CAI \|\| Silviaparts.com Eyelids \|\| 2-tone Sport grill \|\| 18" Rota P1 Hyperblack rims

5-19-08, 8:09	#21 (permalink)
nate_v8 Love you long time! Join Date: Feb 2007 Location: Beaver, OH, USA Age: 22 iTrader: (4)	I got my home loan from a credit union and had to put nothing down, other than the closing cost which like I said is a few thouand dollars. I just closed on my house two weeks ago.
	Don't say sdk, it's two points.

5-18-08, 13:43	#16 (permalink)
vandejm Join Date: May 2004 Location: Dundas, ON, Canada Age: 25 iTrader: (2)	i own a 220k house for which i have 155k (orig mortgage was 185k) remaining on the mortgage. make 2600 a month and pay 600 biweekly and i live good...its all in where you waste your money in other places...

5-19-08, 10:49	#23 (permalink)
astrochimp Join Date: May 2001 Location: iTrader: (0)	HUD is running a deal where you can get one of their houses for $0 Down(if they're still running it). I think they chip in for Your closing costs too. get a Sweet Fixxer upper in a nice neighborhood and build equity fast.
	F'it