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Originally posted by whitetailfanatic View PostDon't buy everything you want your first year, wait for 2nd year etc..
was advice I got on 1st home.
Congrats
True that. After the first year your escrow account will correct itself, sometimes in your favor but sometimes not- just get ready for an adjustment which can sometimes mean more outgo towards the note until it stabilizes. ( it Adjust year to year)
Meaning, don't bank on your current house note as being YOUR house note - some people get surprised with more being asked in the years following your first year.
Congrats on the new home, looks great!
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