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Originally Posted by SweetCuteness  I used to work for Wells Fargo Mortgage. An interest only loan isn't all that bad in Arizona - like you said, our real estate is constantly rising. I guess that's one reason to be thankful for the snow birds (maybe the only reason, lol). Our house has increased in value by about $125,000 in 2 years. 
All I have to say is - if you don't feel 100% comfortable, don't do it! Buying is always better than renting though - at least you're money is going toward something instead of being "thrown away" every month.
Congratulations - I'm sure you're super excited about it!! |
Thanks.. I am super excited!!!!!
I know the value will go up. it's in the Gilbert area.. and they are revamping the whole area around it.. so i know value will go up.
I'm just hoping my dad will give me his blessing.. and i can do it
Thats the only thing that is holding me back is my dad not supporting me