|
If you know you're going to be there a few years, it might pay to get this house (it comes fully furnished, which will save you some $ - and it is a sweet deal) and finance it with an ARM or balloon mortgage rather than a straight 15 or 30 year fixed one. You'll get a lower interest rate for the first few years, and by the time the "balloon" kicks in, you may very well want to move anyway. You'll also get a nice break on your taxes, since you can deduct mortgage interest. The tradeoff, though, as James mentioned, is that you're somewhat locked down geographically for at least a few years.
__________________
AEΦ ... Multa Corda, Una Causa ... Celebrating Over 100 Years of Sisterhood
Have no place I can be since I found Serenity, but you can't take the sky from me...
Only those who risk going too far, find out how far they can go.
|
Hybrid Mode
