What should a first time home buyer looking to buy a condo in the 300,000 to 350,000 range in Chicago have?

How do we, myself and my boyfriend prepare financially, mentally, in stability (jobs), and in knowing what to expect? Most importantly financially? Will we get any city credits? How much should we save/put down? Doctor Deth, because I live in chicago where home prices are well about the national average I cannot afford anything but a condo. I know it will be a better investment than continuing to rent.

Asked By: white brick home - 7/16/2009
Best Answer - Chosen by Asker
i have the same question! I want to buy a condo when im older and i just want to be prepared! please answer my question,;_ylt=AmomiLEX4QPj6siHOmmBAxcjzKIX;_ylv=3?qid=20090716224741AA7XWiO
Answered By: dude_701 - 7/16/2009
Additional Answers (3)
lol ur still here.. well like u said save monthly! its the best u can do with this crisis
Answered By: ()()()()()() - 7/16/2009
10% down minimum, have 6 months income banked, hope you have a log term job.
Answered By: pickedon - 7/16/2009
condos are the worst type of real estate investment... More
Answered By: Doctor Deth - 7/17/2009
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