Asked by Reggie Jeffries, Philadelphia, PA • Fri Nov 11, 2011
I would like to buy a house in Philadelphia sometime during the Fall of 2012. From what I've seen the Graduate Hospital area seems to provide the most value while still being in close proximity to downtown. However, I am more than willing to explore other neighborhoods. I'm looking for advice on how to best position myself to buy the house I want. I've already started working on my credit, but need sound advice on how much to save for a down payment, new construction vs. rehab vs. rehabbing a house myself, how much house I can reasonably afford, etc. I've already done some initial research, but it seems like the more I read the more confused I become. I am also interested in finding out more information about programs that can assist first time home buyers in Philadelphia.
Any advice will be greatly appreciated.
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