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Old 03-07-2007, 01:55 PM
t walgamuth's Avatar
t walgamuth t walgamuth is online now
dieselarchitect
 
Join Date: Apr 2005
Location: Lafayette Indiana
Posts: 38,988
the first three rules of real estate are location location location.

is it in a good location? this is the most important aspect of buying real estate. a great home in a poor or medium location will never do as well as an investment as an average home in a great location. also you don't want to be the biggest home in the neighborhood, better to be the smallest.

so the circumstances might be favorable but it still could be a poor deal.

get some advice from a local person with experience.

good luck

buying a home is the best savings most folks ever have.

tom w
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[SIGPIC] Diesel loving autocrossing grandpa Architect. 08 Dodge 3/4 ton with Cummins & six speed; I have had about 35 benzes. I have a 39 Studebaker Coupe Express pickup in which I have had installed a 617 turbo and a five speed manual.[SIGPIC]

..I also have a 427 Cobra replica with an aluminum chassis.
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