Kayleigh
I want very much to buy a condo on my own, that is, without my ex. I have great credit,savings, etc. But what I can afford in the Puget Sound area, what I qualify for, and what I want are three separate things (and I don’t want a mansion; just a two-bedroom condo in a safe neighborhood that isn’t an hour commmute to downtown.)
I will buy someday, no doubt. But now is not the time for me—both in terms of the market and my own personal readiness.
Is it wise to buy the proverbial “fixer-upper” or poorly built home if your mortgage takes so much of your take-home pay that you can’t afford the “fixer” part? I was floored at how crappily built some of the condos in this area are—even the remodeled and upgraded ones. If you have to replace things in 5-10 years, how much of an investment is that?