(no subject)

Date: 2009-09-08 11:42 am (UTC)
A two bedroom flat for $30,000! That's good news, yes? Will there be other expenses than the interest for you? For instance, here you don't buy the actual apartment -- you buy the right to live in it. The actual owner of the apartment is an owners' association: that is, yourself and the rest of the people who live in the building/buildings that make up the association. And you pay a fee to that association (i.e. to yourself, in a sense).

What are the interest rates you could get right now?
I'm very curious as my whole life circles around buying a new home right now :D
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