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Author: foo1bar Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127947  
Subject: Re: When can I qualify for a loan? Date: 4/23/2013 8:30 PM
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when I just made $335,000 selling MY starter home?
If I had bought within 3 months after college instead of ~3 years, I would have probably made ~$100K (after taking into account selling costs, etc)
BUT I don't regret at all that I waited and rented. I could have just as easily have lost $100K in market value in those 3 years too. And it gave me plenty of time to learn about the various cities, school districts, neighborhoods. And I enjoyed going to open houses on the weekends - looking at places and getting ideas for what I liked or didn't. I was planning on waiting a while longer, but I encountered a place I could buy for as cheap (or cheaper than) renting. So at that point I moved quickly to make a purchase.
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