[zerioustt]

Originally Posted by SexyDSM95

I had good credit (just above 700 at the time) and put nothing down. I found a seller that did a seller's assist because the house appraised for more then what he wanted. So, I pretty much borrowed more then the original cost of the house. Your bills will quadrouple, not lying. You have so many things to look for I almost went crazy the amount of months I was researching into homes. I would say save up at least $5,000 not for a down payment either.

You need to pay for inspection, appraisal, termite inspection, radeon (sp?), and a lot of other misc. things. You also have to worry about PMI unless you go with an 80/20 loan which would cut that out, but then you are paying two different banks. I was excited about getting the house but tearing into it and all the little projects it blows. I officially know what being "house poor" is. I should have went with a newer house or built a condo for like $250k.

your home inspection if you get a good one as was mine took care of raydon(sp?also), and termite and only cost me 300 bucks. def have some cash saved up.