Tools

Ask a Question
Start a Discussion
Close
Create an Email Alert

Alerts are a great way for you to stay up-to-date on things you care about. We will email you a list of the new items that match your criteria at a time of your choosing.

This alert is for the following:

Topic:
When is the time to buy?

How often would you like the alert emailed?

Frequency:

Immediately Daily Weekly
Maximum 20 emails/day

Save

Cancel E-mail alerts
RSS
Send to del.icio.us
Send to StumbleUpon
Print page

Partner Tools

Views: 307
US
New Mexico
Nearby States
- Alaska
- Alabama
- Arkansas
- American Samoa
- Arizona
- California
- Colorado
- Connecticut
- Washington D.C.
- Delaware
- Florida
- Georgia
- Guam
- Hawaii
- Iowa
- Idaho
- Illinois
- Indiana
- Kansas
- Kentucky
- Louisiana
- Massachusetts
- Maryland
- Maine
- Michigan
- Minnesota
- Missouri
- Northern Mariana Islands
- Mississippi
- Montana
- North Carolina
- North Dakota
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- Nevada
- New York
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Virgin Islands
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Don't see it?

Find:
Rio Rancho
Nearby Cities
- Algodones
- Ancones
- Bernalillo
- Bland
- Buckman
- Cabezon
- Canon
- Casa Salazar
- Cochiti Lake
- Cochiti
- Corrales
- Counselor
- Cuba
- Cuervo Crossing
- Deer Creek Landing
- Deer Lake
- Diamond Tail Ranch
- Domingo
- El Llanito
- Evergreen Hills Subdivision
- Frijoles
- Garrison
- Gilman
- Guadalupe
- Jemez Pueblo
- Jemez Springs
- La Gotera
- La Jara
- La Madera
- La Placita
- LaVentana
- Lagunitas
- Lower Canones
- Marquez
- O'Neil Landing
- Panorama Heights
- Pena Blanca
- Penistaja
- Pines
- Placitas
- Ponderosa
- Porter
- Pueblo of Sandia Village
- Puertecito
- Rancho West
- Regina
- Rio Rancho
- San Felipe Pb
- San Felipe Pueblo
- San Luis
- San Miguel
- San Pablo
- San Pedro Creek
- San Pedro Overlook
- San Ysidro
- Santa Ana Pueblo
- Santo Domingo Pueblo
- Senorito
- Seven Springs
- Sierra de los Pinos
- Sile
- Sulphur Springs
- Tamaya
- Tecolote
- Torreon
- Zia Pueblo
Don't see it?

Find:
Neighborhood
Nearby Neighborhoods
Don't see it?

Find:

When is the time to buy?

Contributions: 2

Q&A

:2

View full profile

Flag content

February 12 - Rio Rancho

RSS

Answers (3)

sunnyview
Contributions: 10842

sunnyview

Contributions: 10842

Q&A

:6371
Disc

:4449
Photos

:22

Zillow All-Star

Since January 2009

View full profile

i am sorry about that. I type badly and PITI spelled out is so long. :) It stands for Principal, Interest, Taxes&Insurance. If you are thinking about buying, there are some great resources available. Things like what you can afford, what mortgage rates are, how to research neighborhoods to find a good fit and other info too is out there in easy to use formats. I collect them and try to find the best, free sources with no sales pitch. Maybe some of the links would help you too. I use the mortgage calculators at dinkytown. The mortgage rates in your local area are easy to find at moneycentral.msn. Zillow is great for researching neighborhoods or I also use city data where you can search by zip code. I really like the NY times rent vs own calculator here too. Being a first time buyer can be tough, but there is lots of good info available on Zillow and most folks here are happy to answer questions or tell you about their experiences buying.

Flag content

February 12

j_binowski
Contributions: 2

j_binowski

Contributions: 2

Q&A

:2

View full profile

I am sorry. I have only been a renter up til now and have just recently started looking at buying. What is PITI?

Flag content

February 12

sunnyview
Contributions: 10842

sunnyview

Contributions: 10842

Q&A

:6371
Disc

:4449
Photos

:22

Zillow All-Star

Since January 2009

View full profile

When prices are low, PITI is below rent, employment is stable and when buying makes sense for you based on the financials.

Flag content

February 12

Have a question? Ask it here.

Active Rio Rancho Real Estate Agents

The Venturi Team

55 listings

Local Expert
Deanna Dopslaf

14 listings

Local Expert
Marsha Strange

37 listings

Local Expert
Aaron Sandoval, CNE

12 listings

Local Expert
Nicolle Sallee

18 listings

223 contributions

See more Rio Rancho real estate agents

Question When is the time to buy?

Latest answer by sunnyview
February 12

In Investing
3 Answers - 307 Views

See More

Guide What is Gross Rent Multiplier?

In Investing
Edited November 30 2008

Guide A Primer on Tax-Lien Investing

In Investing
Edited November 21 2008

Guide World Class Management Teams Oversee Condo Hotels

In Investing
Edited November 14 2008

Guide Will a Condo Hotel Cash Flow?

In Investing
Edited November 14 2008

Guide What Is a Second Home?

In Investing
Edited November 14 2008

See more articles about Investing

Current Mortgage Rates

Current Last Week

30 Year Fixed

15 Year Fixed

5/1 ARM

Get this widget

<div style="width:298px;height:123px;border:1px solid #adcfff;overflow:hidden;text-align:center;font-family:verdana,arial,sans-serif;font-size:8pt;line-height:13x;background-color:#eff3ff;letter-spacing:0;text-transform:none;">
		<div style="margin: 0 6px;">
			<div style="margin-top:6px;">
				<a href="http://www.zillow.com/Mortgage_Rates/#{scid=mor-wid-lthd}" target="_blank" style="font-size:9pt;color:#36b;text-decoration:none;font-weight:bold;">
				   
						Current
				   
				         
				   Mortgage Rates</a>
			</div>   
			
			<div style="color:#555;margin:5px 0 1px;">
				<span style="padding-left:137px;">Current</span>
				<span style="padding-left:23px;">Last Week</span>
			</div>

<div style="background:#fff;height:60px;width:284px;border:1px solid #adcfff;text-align:left;">
				<div style="width:144px;float:left;">
					<div style="height:20px;background-color:#fff;">
						<div style="padding:3px 0 0 4px;"><a href="http://www.zillow.com/30_Year_Fixed_Mortgage_Rates/#{scid=mor-wid-ltt1}" target="_blank" style="text-decoration:underline;color:#36b;">30 Year Fixed</a></div>
					</div>
					<div style="height:20px;background-color:#eff7ff;">
						<div style="padding:3px 0 0 4px;"><a href="http://www.zillow.com/15_Year_Fixed_Mortgage_Rates/#{scid=mor-wid-ltt2}" target="_blank" style="text-decoration:underline;color:#36b;">15 Year Fixed</a></div>
					</div>
					<div style="height:20px;background-color:#fff;">
						<div style="padding:3px 0 0 4px;"><a href="http://www.zillow.com/5-1_ARM_Mortgage_Rates/#{scid=mor-wid-ltt3}" target="_blank" style="text-decoration:underline;color:#36b;">5/1 ARM</a></div>
					</div>
				</div>
					
				<iframe title="Current Mortgage Rates" frameborder="0" height="60" style="float:left;" scrolling="no" width="138" src="/mortgage/MortgageRateTableWidget.htm?wide=1&region=102001">
						Your browser doesn't support frames.  Visit 
					<a href="http://www.zillow.com/mortgage/" target="_blank" style="text-decoration:none; font-size:9pt; font-weight:bold;">Zillow Mortgage Marketplace</a> 
					to see this content.
				</iframe>
				<div style="clear:both;"></div>
			</div>
			
			<div style="margin:4px 6px 0;height:15px;width:276px;">
				<a href="http://www.zillow.com/mortgage/#{scid=mor-wid-ltgr}" target="_blank" title="Zillow Mortgage Marketplace" style="display:block;margin-left:4px;height:15px;width:145px;float:left;"><img src="/static/images/zillow-mortgage-logo-small.gif" alt="Mortgages, Home Loans, and Mortgage Quotes at Zillow Mortgage Marketplace" style="border:none;"/></a>
				   
				<a href="http://www.zillow.com/webtools/widgets/MortgageRateWidget.htm#{scid=mor-wid-ltget}" target="_blank" style="font-size:7pt;color:gray;text-decoration:none;float:right;margin:1px 5px 0 0;width:80px;">Get this widget</a>
			</div>
		</div>
	</div>

Need a Mortgage?

Zillow Mortgage Marketplace

Competitive rates
Accurate, custom quotes
Thousands of lenders

... and, it's free and anonymous

Get instant mortgage quotes

Loan type
Amount
ZIP code

Learn about Zillow Mortgage Marketplace

Zillow Poll:

Suggested by 80448044

If you had substantial equity in your home and needed some extra cash, what would you consider:

Getting a second mortgage (add more debt)

Get a reverse mortgage where I never have to pay it back but my equity is continually eating away

Get $ through a shared equity arrangement (where I don't repay but I split any future appreciation)

Do nothing with my equity

Next poll
Suggest a poll

Be A Good Neighbor

Zillow® Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy

All Results (139)

Zillow FAQs (0)

Home Buying (4)

Home Selling (9)

Mortgage (2)

Housing Market (0)

Local Topics (2)

Home Ownership (1)

Home Improvement (0)

Home Q&A (116)

Pro-to-Pro (0)

Other (5)

Tools

Create an Email Alert

This alert is for the following:

How often would you like the alert emailed?

Partner Tools

When is the time to buy?

Contributions: 2

Contributions: 10842

Zillow All-Star

Contributions: 2

Contributions: 10842

Zillow All-Star

Have a question? Ask it here.

Active Rio Rancho Real Estate Agents

Related Questions

Question When is the time to buy?

Related Articles about Investing

Guide What is Gross Rent Multiplier?

Guide A Primer on Tax-Lien Investing

Guide World Class Management Teams Oversee Condo Hotels

Guide Will a Condo Hotel Cash Flow?

Guide What Is a Second Home?

Need a Mortgage?

Get instant mortgage quotes

Be A Good Neighbor

Tools

Create an Email Alert

This alert is for the following:

How often would you like the alert emailed?

Partner Tools

Nearby States

Nearby Cities

Nearby Neighborhoods

When is the time to buy?

Contributions: 2

Main Image

Answers (3)

Contributions: 10842

Zillow All-Star

Contributions: 2

Contributions: 10842

Zillow All-Star

Have a question? Ask it here.

Active Rio Rancho Real Estate Agents

Related Questions

Question When is the time to buy?

Related Articles about Investing

Guide What is Gross Rent Multiplier?

Guide A Primer on Tax-Lien Investing

Guide World Class Management Teams Oversee Condo Hotels

Guide Will a Condo Hotel Cash Flow?

Guide What Is a Second Home?

Need a Mortgage?

Get instant mortgage quotes

Be A Good Neighbor