It's been quite a while since I last posted...and viewing Mingster's new videos, has whetted my appetite again!

I think I'm going to try buying a house here within the next couple of months. I've got the "VA loan" stuff, so I hear that it's easier to get a house...In fact, I heard from a lady that works for REMAX (sp?) that I don't have to put any money down...just about $1500 in "earnest money" and that's it...

So, My question is this...should I get a house, and then an S2000? I'm not getting a house to get an S2000, I've been wanting a house for a while now, but I figured I'd "have fun" and get the S2000 first...

I would like to see if anyone here is either knowledgable in the art of "credit" or can recommend services to make your credit better relatively quickly. I keep getting turned down for credit apps, and should have a credit report in the next few days.
As my salary sits at this day (woohoo! got another pay raise on NOV 1st!) I can afford a house payment AND and S2000 by myself. It's just credit that I have a problem with....

I NEVER thought I'd see my salary above $50G's a year without having a college degree...Carly (Hewlett Packard's CEO) must really like me hehe

I would like to get advice...that's all...sorry if I wasted your time!

 

Congratulations...just gotta work your ass off that's all

my friend's a senior in College and he's making a good $60 k right now. Shhh, let's not have him find out, I need to keep my gentleman status, hehe.

 

If I was just out of college, I would have gotten the car. Now that I'm a little older (but not that much older) I would definitely say to get the house. Generally, houses appreciate in value and cars depreciate. Here's the cliche of the day... "if I only knew then what I know now". Trust me on this one, it's oh-so-true.

If you are looking toward the future - definitely get the house first. If you are looking to have fun - the car. Just my $.02.

 

damn, i must be getting old...the house makes more money sense, but the car makes emotional sense. if you buy a house in an area that the homes tend to appreciate overall, then do so and get the car a little later...it will be easier then...really!

 

*whine* Where's Mingsters videos? *pout*

 

Financially speaking, it makes better sense to get the house, then the car.

 

Depends on the house. Your car's depreciation is fairly predictable, barring any weirdness from Honda like a sudden flood of s2k's on the market. On the other hand, your house could wind up costing you way more money, if, for instance, an environmental problem is discovered post-sale. Don't forget that some homes are money pits.

 

You will find very few instances where a house will depreciate below it's original value unless you grossly overpaid for it. I bought my house nearly thirty years ago, and it's worth at least 4-1/2 times what I paid for it. I doubt very seriously if any mass-production car, much less an S2000, will do as well. Get the house, enjoy the tax savings and save up for a down payment on the S2000.