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The Water Cooler
General Discussion
Buying first house, stationed at Altus AFB. HELP!
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<blockquote data-quote="Parks 788" data-source="post: 3122490" data-attributes="member: 14646"><p>If there are people in Altus that bought a home 5-7 years ago and are currently trying to sell the home with no luck and getting underwater then that is a place I would never purchase a home in. If residential real estate can't make you money in the last 7 years in an economy like we have today then no thanks to that area. I'd rent a cheap ass house and sock money away for a down payment on a home later on. </p><p></p><p>Unless you can find the ugliest, cheapest POS house in a decent part of town and put a lot of sweat equity in it to increase value then try that but otherwise, no.</p></blockquote><p></p>
[QUOTE="Parks 788, post: 3122490, member: 14646"] If there are people in Altus that bought a home 5-7 years ago and are currently trying to sell the home with no luck and getting underwater then that is a place I would never purchase a home in. If residential real estate can't make you money in the last 7 years in an economy like we have today then no thanks to that area. I'd rent a cheap ass house and sock money away for a down payment on a home later on. Unless you can find the ugliest, cheapest POS house in a decent part of town and put a lot of sweat equity in it to increase value then try that but otherwise, no. [/QUOTE]
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The Water Cooler
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Buying first house, stationed at Altus AFB. HELP!
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