Asked by Bud, Portland, OR • Thu Mar 27, 2008
I'm trying to decide whether I should relocate from Oregon to Folsom. It all comes down to being able to afford a decent home larger than 1750sf, good schools, and is not on a busy street or in a neighborhood where they park their cars in their yard.
These are my $ stats:
Income $100K, $40K for down and closing. Based on this, most online calculators state the most home I can buy is around $350K.
There are a few foreclosures advertised on trulia in this price range, but I've read that these just get auctioned higher or the banks are unresponsive to offers. Any honest opinions would be much appreciated.
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