For young newly-weds, your time to buy is now
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- August
- 30
The crummy housing market has a silver lining if you’re a 20-something — with a significant other and a decent income, according to a Chicago Tribune advice column. I sigh whenever I read a story that reminds the world is built for couples: you can’t h
ave a fork without a knife, thunder without lightening, or a house without two incomes. Sigh. I have a looong way to go.
Anyway, the columnist suggests that even though the pitter-patter of children’s feet is a distant reality for some, 20-something couples should plan to purchase a home with versatility for their changing lives.
While low home prices might be appealing and feasible for young couples, expect some resistance from mortgage lenders. Now more than ever, they are cautious in making deals with people with shady credit histories and a flaky work background.
I like not having to worry about a mortgage at this point in my life, though. I’d rather just worry about bringing the macaroni salad to the next house-warming party.
(AP Photo)
This entry was posted
on Saturday, August 30th, 2008 at 12:08 pm by Theresa Juva.
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I hope that dude in the background of that photo conducted the ceremony or at least was invited to the wedding. He kind of looks like a creeper.
Hey Serico, you leave my uncle out of this.