Posted by: US Returnee June 25, 2013
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Here's my scenario:
I currently make $80K per year salary. My wife is a housewife for now (she's pregnant). I was thinking of buying a house now. We live DMV area and the houses are really expensive here compared to Midwest or other states. The house that i am looking (townhouse) is coming around $400,000. So my question is, is it worth paying $400,000 for a townhouse in this area ?
Or just move to different state and get a single family house for around $250,000.
I know main thing is a Job, but i should be able to get a job that pays around $70k - $80k in some other states as well.
Thoughts ?
Thanks.
I currently make $80K per year salary. My wife is a housewife for now (she's pregnant). I was thinking of buying a house now. We live DMV area and the houses are really expensive here compared to Midwest or other states. The house that i am looking (townhouse) is coming around $400,000. So my question is, is it worth paying $400,000 for a townhouse in this area ?
Or just move to different state and get a single family house for around $250,000.
I know main thing is a Job, but i should be able to get a job that pays around $70k - $80k in some other states as well.
Thoughts ?
Thanks.