GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Is 15k enough of a downpayment for a first time buyer?

venus · 09-01-2007, 12:31 AM

To many variables to give you a good answer, but I can tell from the other posts not to many people in here have bought property recently.

I just got me a new piece of property in the Phoenix area for a rental, home prices are going down, you can get some good deals if you look around. The place I got is new, not competed yet, walk through is Oct 4, I put $17k down plus about $3000 in closing costs including 6 months of taxes and insurance.

House was listed at 210k and its a spec home, meaning it was mostly built, the previous buyers fell through, so they told me if I could do a quick close they would knock off 40k, around here, for the price I am getting it for I could not pass it up.
Good investments are out there if you look for them.

09-01-2007, 12:31 AM
venus Confirmed User Industry Role: Join Date: Jan 2003 Location: Phoenix, Az Posts: 3,112	To many variables to give you a good answer, but I can tell from the other posts not to many people in here have bought property recently. I just got me a new piece of property in the Phoenix area for a rental, home prices are going down, you can get some good deals if you look around. The place I got is new, not competed yet, walk through is Oct 4, I put $17k down plus about $3000 in closing costs including 6 months of taxes and insurance. House was listed at 210k and its a spec home, meaning it was mostly built, the previous buyers fell through, so they told me if I could do a quick close they would knock off 40k, around here, for the price I am getting it for I could not pass it up. Good investments are out there if you look for them. __________________ Muscle/Fitness Adult Affiliate Program Since 1997 www.venuscash.com