🚀 go-pugleaf

Your assuming everyone has parents to scrounge from. If we
all were so lucky, life would just be wonderful.

My advice is to buy a solid run down house in a really nice
neighborhood. Something that needs a lot of cosmetic work,
but nothing that is going to cost you more than a couple grand
at a time like a new roof, or structural problems. Sure it may
look like crap, but if your handy you can really turn it around.
He's 26 and probably still has a lot of energy left over after he
works his 60 hour weeks. Its either buy a house that you don't
have to do much work on and pay a bundle, or buy a house that
fills up your weekend with projects and wonder if you should
have taken the other house.

That's what my husband and I did. In three years our house has
gone up about 50%. At the time we could barely afford the
place. After a refinance, and a few pay raises we are getting a
deal.

Crystal

John Higdon <no-spam@netninny.org> wrote in message
news:B4FCF871.17FA8%no-spam@netninny.org...
> in article keethieDRAT-2103000627500001@user40.usr1.accesscom.com,
> keethieDRAT@keethie.net  wrote:
>
> > When they think they have enough for a down payment (most without the
> > benefit of wealthy parents), they find the bar has been raised...again.
> > This has been been going on for at least a decade now. These folks are
no
> > longer young. For some a thirty-year mortgage payoff is well beyond
> > retirement age.
>
> I had help from my parents. Most of the people I know had help from their
> parents. My parents had help from their parents. It is not a crime to get
> help from one's parents. Of all those parents just mentioned, none are or
> were "wealthy".
>
> I know a number of people RIGHT NOW who have just entered the housing
market
> without any IPO or other "get rich quick" income. They have been shopping
> for some time and all happened to be in the right place at the right time.
> They did creative financing. They got help from parents and friends.
>
> --
> John Higdon     |         P.O. Box 7648         | http://www.anntec.com/
> +1 415 428 2697 | Silicon Valley, CA 95150-7648 | FAX: +1 408 264 4407
> +1 408 264 4115 |      Email Address Valid      |
>