Originally Posted by
SlowRolla
I just bought a house down here in Florida at 21 years old with little to no credit. I ended up with a 6% fixed APR and only paid $500 out of pocket and the seller paid all of the closing costs. Its definitely time to buy
FHA I'm assuming? And I agree... a declining market is an excellent time to buy if you're planning on staying in the house for a long-ish period of time. If you try to sell that house in 2-4 years though, odds are you'll be bringing money to the closing table.