Phoenixville Homes helping those who ...

Phoenixville Homes helping those who need a chance

There are 1 comment on the The Phoenix story from Jan 4, 2009, titled Phoenixville Homes helping those who need a chance. In it, The Phoenix reports that:

According to Steve Kambic, executive director, Phoenixville Homes is doing everything they can to find affordable housing for first-time home buyers.

Join the discussion below, or Read more at The Phoenix.

“People smell funny.”

Since: Nov 07

East Vincent, PA

#1 Jan 5, 2009
Until housing prices continue to fall to more reasonable levels, it's just not feasible for a good number of people to become homeowners.

The only houses that are truly affordable for a lot of people are the houses that need a good deal of work done to make them livable. And face it, if you're buying a house, you're going to be too broke to live somewhere else while you spend time and money fixing the house you just bought. Or you could always go the route we just did...

We just bought a mobile home in Spring City. Yeah yeah, trailer trash blah blah. It's not so bad, believe it or not.$48k for the house,$5k down with 8.5% interest rate for a ready-to-move-in house with over 1100 square feet of livable space? I think it's pretty do-able. And the interest rate is only so "high" because it is a mobile home. The downside to our situation is that we're stuck renting the land. Total cost per month is less than we were paying for rent, however, plus our sewage, water, and trash and snow removal are included.

If traditional homes had been more affordable, we surely would've gone that route. But it just wasn't possible for us, unless we wanted to never go grocery shopping or pay for gas or any of our utilities...

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Phoenixville Discussions

Title Updated Last By Comments
Is anyone else having trouble with Organized St... (Dec '14) Aug 9 Anonymous 2
Collegeville Music Thread (May '12) Jun '17 Musikologist 22
7th grader who died? anyone know what happened? (Jun '11) Jun '17 GuyThatWouldBeGla... 21
Best Public Restroom? (Jun '10) May '17 realistic 36
Basement water damage from overhead pipe leak (Dec '08) May '17 Savedus 13
Apartments across from Trappe Tavern (Jul '09) Apr '17 Kim 167
Eagle sightings on Collergeville or Skippack (May '11) Apr '17 Denise V 16

Phoenixville Jobs

More from around the web

Personal Finance

Phoenixville Mortgages