Portal Forum General General Discussion Home Ownership Reply To: Home Ownership

#153556 Quote

    A couple of thoughts…

    – We’ve purchased three houses over the years and we’ve never put 20% down, as we’ve always used my VA benefits and USAA

    – Your closing costs and closing methods vary widely from state to state (there are several GPLers who don’t live in Minnesota). In North Carolina, we had pretty low closing costs and the closing was handled at a real estate attorney’s office. Here in Texas, our costs were much higher and everything was handled at a title company.

    It pays to research the process specific to your area in advance – especially if you’re moving from one state to another and your company is funding that move. The sale of our house in NC was delayed by quite a bit due to my Texas employer’s inability to understand the nuances of NC real estate transactions.