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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,743
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Quote:
Originally Posted by daepp
Do it. The region you describe will always be a good place to live, so if you can find something you can afford (with conventional d/p and loan) then do it.
With regard to the 6 month reserve for contingencies - what % of buyers over the last 40 years have done so? How many Pelicans herein purchased their 1st home only after meeting this requirement?
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Cindy & I did...the 6 months reserve, plus over 30% down. In the long haul, a very wise move...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
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