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[QUOTE="Palatine, post: 2700431, member: 974"]
You buy a house. You fight with the house. And because it's much bigger than you, it wins.

The best advice I received for my first place was, buy something where you want to live. I ended up in a condo a block from work. If you choose a neighborhood for  any other reason then you want to live there, you will never be happy. It's much more important to like the location than the place. Remember this is a starter home not a lifestyle choice.

As you pay your mortgage you will build a fund that can be used as a down payment when you begin to move up. You are unlikely to save as much renting and stashing cash away. If you can pay a little extra on your mortgage payment  each month, that goes straight off the principle and and reduces your interest. So you will save even more.

Do not buy more house or condo than you need. There will surprise bills that you never anticipated. I never regretted my first small condo and in a few years I was in a position to find a place I really liked (about five years later).
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