October 2008

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How long should I plan to live in an area for it to be profitable to buy a home?

ncrawler1 asked:

I know that for the first while, all that you’re paying off is interest, and you’re really not paying anything into the home. Also, because of the interest, if you don’t put a lot down, you’re upside down on the home as soon as you sign the papers. So, at what [...]