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Old 11-29-2007, 10:14 PM
mmctrab mmctrab is offline
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Join Date: Sep 2006
Location: Steeler country
Posts: 478
Default Re: Looking for some general advice about buying my first house.

Prices in Pittsburgh have been pretty stable so far. They never really went up very much, so they haven't really gone down much either. As a result, sellers aren't really lowering their prices much. You should be able to find something good in your price range though, and not have to worry that a year from now it's going to worth a lot less. Obviously, go for a fixed rate mortgage, and have the house inspected by somebody good.

Look at the comps in the neighborhood, come up with a price you're willing to pay, and don't stray very far from that price. If you don't get that one house, they'll be another one. I'm a real hard ass when it comes to negotiating on houses and I haven't been unhappy so far. I've bought several, and every time I've walked away from a house it's been the right decision and something better has come along.
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