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Old 09-10-2006, 06:37 PM
lrjohnson lrjohnson is offline
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Default Re: How do people in debt become homeowners??

Quote:
Originally Posted by rexdart
I am so hoping for that when I pull the trigger. I know when I buy I will be introduced to much more then just a house payment (taxes, repairs, insurance, appliances, etc.) My hope is that getting over that very large "hump" will put things in a whole different light from a financial standpoint.


I'm hoping......
Yeah, me too. I picked up loan paper work a couple months ago, just to get pre-qualified and get a sense of where I'm at, and just started filling it out. The whole thing seems like a very big hump to me. I have no debt at all and good ioncome for my area, so it feels weird to think I'm not in a position to buy when people earning less with more debt have places. Am I uneducated about this, or did those folks overextend? Well, a little of both I'm sure. Rex, i'll watch yer journey too.
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