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Old 10-05-2007, 05:25 PM
spex x spex x is offline
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Join Date: Jun 2005
Location: who dares wins
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Default Re: I\'m thinking about buying a condo.

Banks don't love people that are self-employed. But they do love people that have a large chunk of liquid assets. As to whether you can get a loan right now I dont' know. I suspect that if you've got 10% to put down, another $60k in the bank, decent credit, and a high income, you shouldn't have too much of a problem.

As to whether you SHOULD buy a condo right now, I dont' know. It depends a lot on your local market.
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