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Old 01-18-2013, 10:11 PM

RE: Any tips on buying a house?

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Two things that I would add:


1. Check to see if the house is in a flood zone. We didn't and at closing we were shocked by the extra $110 every month forever.

2. I am all about equity accelerator. That does two things for us. First we pay half a house payment every two weeks. That means we don't have an $1800 house payment eating up a whole paycheck. The second thing it does is add an extra payment per year. On a 30 year note you will knock about 7 years off, saving so much interest.
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