betsy asked:
A home similar to the modest 3 bedroom 2 bathroom home that I grew up in duriing the 1960s in west San Jose, California recently sold for a little over $1,200,000.
A home similar to the modest 3 bedroom 2 bathroom home that I grew up in duriing the 1960s in west San Jose, California recently sold for a little over $1,200,000.
My mortgage broker told me that I would need an annual income of at least $230,000 to qualify for the home and $250,000 cash for the down payment and closing costs.
When I was a kid my father purchased an almost identical home in that neighborhood when it was new for $27,000 when he was making only $5,000 per year, and only had $7,000 for the down payment.
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How do yo manage to make enough money and save enough money to buy a home?
Abby
7 Comments
An area where home prices are reasonable.
Become a lawyer or a doctor or someone that gets a lot of money
You could always move to a more affordable market.
ROTH Ira. They gain interest and are withdrawn after taxes meaning you can take it out whenever you want without penalty. Thats how I saved enough money for a new truck.
The first house you want because after you like take your time most likely ya know.
The same otherwise you will make that have heard that amount of dollars from this you will never be able to live in their huge mansions and.
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