R and I have never owned a home. Although we have fantasized about doing it, the time and budget were never right. Now that the prices have come down so much, I, at least, am thinking about whether and how it might be a possibility. We could easily move out of this apartment and into another. There are many, such as a townhouse a few doors away, newly remodeled, that would suit us and take us out of this broken-down place, for the same price.
But I question whether we could not in fact get a place of our own for the same monthly price. That is why I would like to look into that. I will check out the HUD listing and find out how to go about it. There are all kinds of tax advantages for first time buyers we might be able to take advantage of and rebates and things designed to spark the market.
I know absolutely nothing about this subject, but that has never stopped me from getting involved in things in the past, so why not? If anyone has any ideas or suggestions, let me know.