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Old 12-26-2007, 06:47 PM   #21
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Zipper has a point! Hold on for the roller coaster!

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Old 01-01-2008, 02:32 AM   #22
gone traveling
Join Date: Oct 2007
Posts: 1,135
i'd buy the more expensive house. mortgage rates are actually quite low.
you wont regret it. while prices may continue to fall, it's impossible to "call a bottom". A few thousand dollars over the longer term wont make any difference. With your income level, a 200K mortgage payment (assuming you put 20% down and buy a $240K home) is only something like $1500/month. More than manageable on your income. As the market rebounds...and it stand to build equity faster with the larger investment. Remember...the US population just topped 303 million and growing. Demand for housing, as crazy as it seems right at this moment, will increase eventually.

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Old 01-01-2008, 05:07 AM   #23
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Ahh I suspect you are enjoying the "thrill of the hunt" too much - need to make a decision! To buy or not to buy (and which one) is the question. Personally, I would not buy yet.

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