insert teeth-gnashing here

elSicomoro · 05-14-2004, 12:23 PM

The buying market here is so over-inflated right now. I see people dropping $200-300K on houses in Fishtown...WTF? I know it's up and coming and all, but it still ain't all that great!

Of course, we have no intention of staying in Philadelphia for good, so no house buying for us for at least 5 years.

I sense that you have no intention of putting 20% down, so you'll definitely have to have PMI...of course, you could get lucky and it could be lender-paid. We give our best lenders special rates, but I would imagine they pocket the money they save with us.

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05-14-2004, 12:23 PM	#5
elSicomoro Person who doesn't update the user title Join Date: Jan 2001 Posts: 12,486	The buying market here is so over-inflated right now. I see people dropping $200-300K on houses in Fishtown...WTF? I know it's up and coming and all, but it still ain't all that great! Of course, we have no intention of staying in Philadelphia for good, so no house buying for us for at least 5 years. I sense that you have no intention of putting 20% down, so you'll definitely have to have PMI...of course, you could get lucky and it could be lender-paid. We give our best lenders special rates, but I would imagine they pocket the money they save with us.

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