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Real Estate
Reply to "HHI 350k, how much house would you buy?"
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[quote=Anonymous]Okay, I confess, I offered up some snarky comments. Now I feel bad. Okay OP: seriously, in short, any lender WON'T lend you money to buy a house if you can't make the monthly payments. There is no such thing as predatory lending. But losing jobs does exist. What no one here can say is, what kind of house fits your lifestyle? Some people eat out 6 nights a week. Some insist on only driving BMWs less than 3 years old. Some MUST go away to Hawaii every Xmas. So, when you ask what you cn afford, how do you live? Before you buy, take a look back at the last 3 months. What did you spend each month on food, utilities, cars, insurance, entertainment. Do you want all that to continue? Will hubby mow the lawn after 80 hrs of work? Yours is a really tough question. [/quote]
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