The Commerce Journal,Business and Local Businesses
*The Commerce Journal>>>Renting & Real Estate

What kinda housing can I get in the Fort Worth-ish area with a $46,000 a year salary?


I'm in college to become a teacher and that's what the current starting out salary is they say, so I'm wondering where I'll be when I'm finally out on my own.

You should be able to qualify for a nice house or condo with that salary. It also depends on your credit rating. I am a Realtor in Dallas and prices in the metroplex are very reasonable compared to much of the rest of the country. Also...we never had a "bubble" here..nothing to pop. :) It is a buyers market now and I expect for most of 2008. Good luck! Home ownership is one of the best things you will do for youself. Email me if you have questions. www.cliffdwellings.net

Well, prices will go up by then. loans that work the way you want them to are getting harder to get. My wife got a 128k home based on a salary like that. Acorn loan with Bank of America. We pay about 1k per month (includes all escrows).

That was a honey of a deal, rates are about what they were back then. Check them out. Call a bank of America branch.

I'm in Austin, 130 won't get you much. I just sold a home in Pflugerville (good schools) for upper 130's. it was 1400 sq. ft.

Our prices are about the same. Good luck.

My home has gained 15k in equity every year for the last two years. the schools are great, it has a pool. downside. only 1500 sq. ft.

Tags
  Germany Taxes   Canada Taxes   Australia Taxes   Small Business   Renting & Real Estate   Personal Finance   Investing   Insurance
Related information
  • I want to own my own home, but make minimum wage how do I do it?

    I am sorry to say that there is no answer except make more money. There are loan officers who will try to sell you on the idea that you can own your own home and they are right. They will not tel...

  • Home purchasing, is it better to....?

    Pay cash for the house if you can afford to do so. The tax deduction isn't worth it. The MOST you can pay in federal tax is about 35% of taxable income, and that means you get back thirty fi...

  • Wheres a nice small town thats good to raise kids but easy to find jobs?

    Here's a great article from money magazine. It's got information on top cities to live in, what the median home price and income is, stats on crime rates etc. There's a lot of good...

  • Places with a REAL ESTATE FRANCHISING section..?

    I found a spot one time for a fastenal store. I drove around and looked for "for rent" signs. I wasn't too high tech, but I was the decision maker. Now I'm in RE. I never ov...

  • I'm renting a house in Wisconsin that is also up for sell. What rights do I have about them coming in my home?

    In Wisconsin twelve hours notice of such showings is all that is required. The showings must be at 'reasonable hours', of course, meaning they can't come in the middle of the night ...

  • How much money should a property manager get with a RPA and FMA certificationa as well a degree?

    I own a house in the United States and I currently live in Germany. The property management agency I use charges 10% of all gross rent received. They do not charge me for advertising or anything ...

  • Is the market in Commerical Realestate?

    Commercial isn't doing much better here! The vacancy rates are crazy. I just looked and there are very few pending commercial deals. Tons of listings and not a lot of them closing. The Gre...

  • Who is to blame for the current mortgage crisis in the United States?

    Who do YOU blame for the DotCom Bubble in the stock market? Who do YOU blame for the wild "Ostrich Market" a few years ago when they were microchipping eggs for thousands of dollars? Wh...

  •  

    Commerce Categories--Copyright/IP Policy--Contact Webmaster