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I wouldn't do it, but I'm single with no kids. You can never get that money back into the account. You could always rent a house or apartment in the "good" school district :) What if the landlord told you he sold the property and you need to find another place to live? It could be very ha...

From personal experience, as long as the new job is in the same line of your old job, you'd have no problem getting a mortgage. Both my husband and I just changed jobs, and we had zero problem getting a mortgage. We closed a month ago.

Edited for a typo...

To me, anything more than 2X annual income is completely insane to spend on a house. Heck, right now we live in a decent place valued at 66% of yearly income and I feel no need to upgrade right now. As far as the buying experience and the inspection...write the offer such that your offering price i...

I recently just rate locked 30 year fixed 3.125% no points. 5% is way too high nowadays! Where did you get that rate? http://www.zillow.com/mortgage-rates/ The company I found had 300+ reviews, and A+ on BBB, http://www.myersparkmortgage.com/ 1st home purchase. Emailed back and forth providing docu...

thanks everyone for the response. APR is 5.25 and no PMI. I am maxing out on 401K and HSA contribution. I can afford to pay an extra monthly payment but thinking if that money could be better off somewhere. You should refinance. 5.25 is way too high. Then you might be able to pay an extra payment A...

That sounds about right. I got a root canal and a porcelain crown in 08. The root canal cost $1100 and the crown cost more than $800. And I was living in a small town at the time.

If you take a 3% mortgage and assume a 25% marginal tax rate, your effective rate on that mortgage becomes 2.25%. This is the rate of return for paying down the mortgage early. Not quite. As you said, it gets complicated. To get the deduction, you must itemize. So you lose the standard deductions. ...