http://eugeneloanguy.com/2009/05/30/first-time-home-buyer-fence-sitting-think-about-it/ Eugene and Springfield's Source for Real Estate Mortgage Loan Information -- a FHA/VA/USDA Loan Specialist Fri, 16 Mar 2012 21:11:06 -0700 hourly 1 http://wordpress.org/?v=3.3.2 http://eugeneloanguy.com/2009/05/30/first-time-home-buyer-fence-sitting-think-about-it/comment-page-1/#comment-395 fchamberlin Sun, 31 May 2009 16:53:07 +0000 http://eugeneloanguy.com/2009/05/30/first-time-home-buyer-fence-sitting-think-about-it/#comment-395 Especially when you consider what the $5,000 costs them versus and additional 1/2 percent in interest rate. As an example, getting a loan for $200k at 5.5% vs a loan for $205k at 5% is a difference of just over $35 a month, in favor of the larger loan at the lower rate. Doesn't make sense to wait, does it? Especially when you consider what the $5,000 costs them versus and additional 1/2 percent in interest rate. As an example, getting a loan for $200k at 5.5% vs a loan for $205k at 5% is a difference of just over $35 a month, in favor of the larger loan at the lower rate. Doesn’t make sense to wait, does it?

]]> http://eugeneloanguy.com/2009/05/30/first-time-home-buyer-fence-sitting-think-about-it/comment-page-1/#comment-394 Danny Thornton Sun, 31 May 2009 12:17:07 +0000 http://eugeneloanguy.com/2009/05/30/first-time-home-buyer-fence-sitting-think-about-it/#comment-394 Fred, I have really never understood fence sitters when it comes to buying the home of your dreams. Could you imagine having to explain to your family that you lost the home of their dreams because you wanted to see if the price would drop another $5k? Fred, I have really never understood fence sitters when it comes to buying the home of your dreams. Could you imagine having to explain to your family that you lost the home of their dreams because you wanted to see if the price would drop another $5k?

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