we are looking at a house in southern california. it is our first house. we pay 1500 for our apartment right now, and everyone is telling us we should buy while the market is low. we havent even talked to an agent yet but we found a really cute starter home for 250,000. we dont really have money to put down, but we were told we can still look. are we wasting our time?
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Is it difficult to get a mortgage in California? And is it worth buying a home or should I just rent?
February 13, 2011
I am thinking of moving to San Fran, and I don’t know anything about the American real estate market. Is it difficult to get a mortgage? I have excellent credit, a tiny amount of debt but will only have a teachers salary. And should I consider buying an apartment or should I just rent, once I get settled?