Bobby

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50K salary and good credit score! Cant Find an affordable condo to purchase.

Asked Tue Dec 18 2007, 07:32 by L - Rockville - Foreclosure - 20 answers

Bobby answered:

My personnel recommendation is to temporarily drop the idea of buying a home. Based on your current income level, focusing on your education and career is your best option. As real estate does not seem to be rising anytime soon, your career is currently the best option for investing your hard earned income and time. Obtain a bachelors or masters in something marketable (for example an IT field or business) and come out ready to enter the job market making twice your current income. By then the housing market should be more stabalized and you ultimately will be much further ahead than you would have been purchasing today. - Sun Jun 22 2008, 04:49

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