View Full Version : Looking for a home in warrington area
AUTORACENBBOY
01-18-2008, 04:09 PM
Well i moved up to Warrington, i like it up here... but... im renting
Just found out i have a baby on the way and now am interested in purchasing a home, 2 bed 1 bath. Anybody have any ideas, i know theres a lot of warringtoners in here. Any help would be greatly appreciated, started getting frustrated searching google.
96Stang
01-18-2008, 04:15 PM
Well i moved up to Warrington, i like it up here... but... im renting
Just found out i have a baby on the way and now am interested in purchasing a home, 2 bed 1 bath. Anybody have any ideas, i know theres a lot of warringtoners in here. Any help would be greatly appreciated, started getting frustrated searching google.
i will take a look around my gfs house and try to get some numbers for you
AUTORACENBBOY
01-18-2008, 04:24 PM
thanx
AUTORACENBBOY
01-18-2008, 04:26 PM
im getting so stressed, i mean we could stay renting where we are, but i would like to raise a child somewhere with stability
Snoozie
01-18-2008, 04:29 PM
Find a realtor and read up. There are a lot of great books out there for 1st time home buyers.
AUTORACENBBOY
01-18-2008, 04:30 PM
picked up the realtor earlier this morning, before i see what im qualified for im gonna pay off these 2 credit cards tomorrow
Broken5hift
01-18-2008, 05:08 PM
www.remax.com
NJGOAT
01-18-2008, 05:17 PM
Congrats on the new addition. My wife and I are/were in a similar position. We were renting a 2 bedroom with our 3 year old and just found out that we have one on the way. So, we just picked up a 3 bedroom townhouse in Jersey.
The only advice that I can give you is that you shouldn't over extend yourself or go into a ton of debt debt just because a baby is on the way. You have at LEAST 4 years until the baby would be starting school. My suggestion would be to step back, take a breath and see what your finances are really like. Buying is not always the right option for everyone and the market is definitely in a weird place right now.
I guess what I'm saying is, there is nothing wrong with continuing to rent while you and the Mrs. get things in order. You have plenty of time before the need for stability in where you are living is important. Take some time to pay off debts and save up some money so that you can afford a good house in a nice area. This really is the time to be focusing on and enjoying your baby, not worrying about buying and fixing up a house.
AUTORACENBBOY
01-18-2008, 05:22 PM
thanx NJGOAT, this is new for me. thankfully i managed to buy my Z last week before she told me, I dropped a $700 a month payment to $280, but i now have no hesitation in selling the car. It seems like ever since she told me i will be a father. My world is awsome. I get envious of seeing a dad a baby play.
Since im still within the first week of her telling me this, my mind is racing. Any insight is greatly appreciated.
I just want me family to be safe and secure
AUTORACENBBOY
01-18-2008, 05:25 PM
worst case scenario and i need to sell my Z, i know if i sold for loan value it would probably go before i finished typing the add. id probably get rid of it for 15 or so, but not yet
zerioustt
01-18-2008, 05:26 PM
theres going to be debt no matter where he is in his life..kids = debt.
buy a house now if its affordable, the market is great as long as your credit is good. the only problem is the stock market is not so good which may make your interest rate a little higher than a few months ago, but thats what refinancing is for. the market is great because houses are drastically reduced in prices. so like i said do it if the funds are there and you can live comfortably i say go for it. who knows how the pricing on houses will be in a few years or even months.
NJGOAT
01-18-2008, 05:52 PM
While Zerious is right, there will always be debt, if you can't swing the payments on a 200k+ house, there is almost no where you can buy a "good" house right now that is safe and has decent schools. A house is a great investment and is the key to future financial security. The only problem is, IMO you shouldn't settle for buying whatever you can afford when other options exist (renting) and you may be in a much better financial position down the road.
Based on your other posts, I don't take it that you are a guy with unlimited financial resources. Given that, I wouldn't recommend jumping feet first into the housing market even if it is a good time to buy. You can easily rent a nice place in a safe neighborhood and not have to worry about anything like your heater breaking. You can take a little bit of time to figure things out and see what are good options for you at that point. As soon as you are ready, then look to buy your house. In the meantime if **** goes sour for you financially it is real easy to get out of a lease and won't kill your credit if you default. Getting out of a house you are up to your eyeballs in is a little tougher.
Like I said, you just found out you're having a baby man...stop worrying about the BS and take some time to let that sink in (your first ultra sound will blow your mind), but now is definitely the time to start getting your ducks in a row financially.
AUTORACENBBOY
01-18-2008, 05:58 PM
thankyou
NJGOAT
01-18-2008, 05:58 PM
PS Not to mention that I would highly recommend against buying a 2 bed / 1 bath. It really limits future "expansion" if you go for kid number 2.
CleanNeon98
01-18-2008, 08:48 PM
Congrats man..if you do decide to sell the Z, I already have someone who may grab it from ya
warrington is a good area, you wont have to pay for your kids to go to a good school, central bucks has pretty good schools i think. nows the best time to buy a house, check out realtor.com
i dont know if you like townhouses or condos, but you can pick one up for 800-1200 a month
this is alot bigger than what your looking for, but for the price this thing is huge, looks like a ski resort
http://www.realtor.com/search/listingdetail.aspx?ctid=67802&bd=3&bth=2&typ=3&sid=e11b57a988814c3ab6f4cacad70f7161&pg=3&lid=1087019579&lsn=24&srcnt=118#Detail
AUTORACENBBOY
01-19-2008, 09:05 AM
thats freaken huge... yeah id like to pay less if i could, im not going to stress about getting out of the apt. but... if i can find a better home in the area, i would love to begin building equity rather then my money just going to rent
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