I know there are the majority of folks 40 and under that wont be able to own a home. We got lucky with the stimulus money and FHA loan (which might have been a mistake due to hidden fees) we got a home. It has asbestos but with taxes, escrow, and the mortgage insurance premium our mortgage is rising to 2610 a month (thankfully we have roomies) but it looking more likely we cannot keep it. I am wondering if anyone else is in the same boat.
I know there are the majority of folks 40 and under that wont be able to own a home. We got lucky with the stimulus money and FHA loan (which might have been a mistake due to hidden fees) we got a home. It has asbestos but with taxes, escrow, and the mortgage insurance premium our mortgage is rising to 2610 a month (thankfully we have roomies) but it looking more likely we cannot keep it. I am wondering if anyone else is in the same boat.