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alken0901 t1_j3iqlvk wrote

My suggestion is to consider rent on a short lease (6 months) in an area you’re thinking of living in long term. Get a feel for the area and housing market, and maybe get a better interest rate too. If you’re at $130k out of necessity this could allow you to save up to afford a larger down payment or to put towards home repairs. I got a house at $150k and it’s eaten so much money on repairs.

Idk much about either areas you listed in the post. Best of luck in your move!!

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King76012 OP t1_j3iysgq wrote

Thank you! Unfortunately the downside to the job is that wherever I go at first is for 2 years

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IamSauerKraut t1_j3k0zde wrote

If you do not intend to stay in a place for more than 6 or 8 years, why buy? Given prices, interest rates and closing costs, how do you intend to not lose $$ in the purchase? Not to mention the added federal tax if you do not keep ownership for 5 or more years. A losing proposition all around. Rent instead and move 2 years from now without that anchor around your wallet.

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alken0901 t1_j3jlb63 wrote

Ahh gotcha. That makes it tougher for sure. Whatever you end up doing I wish you the best!!!

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