Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Money and Main Street
2 of 7
BACKNEXT
Karen Carpenter
Location: Portland, Mich.
Property: 3 bed, 1.5 bath, 1,449 s.f.
Price: $115,000

My now ex-boyfriend was always after me to buy a home, but it wasn't until after we broke up that I did. I lost a louse and bought a house!

I'm a conscientious shopper and very careful about what I spend. I saved for several years to pay for the house and maintained great credit so I was able to get a low mortgage rate.

I closed in late July, and the house was in move-in condition on a quarter-acre lot. My favorite spot is in the family room, curled up in front of the fireplace.

The $8,000 tax credit did not really affect my purchasing except that it motivated me to close before it expired on Dec. 1. I see it as a bonus. I filed an amended tax return and am using some of the money to decorate and to re-carpet part of the house, which is something I might not have otherwise done.

I also did some painting and bought a lawnmower. I'll also use some of the refund to make early payments on the mortgage.

NEXT: Noel Delisle and Mike Spence

Last updated November 09 2009: 11:06 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
Driving the world's first car Driving a replica of the 1886 Benz Patent Motorwagen, the first internal combustion automobile. More
The 7 biggest investment mistakes celebrities make From betting too heavily on real estate to overestimating future earnings, here are 7 of the most common money mistakes that celebrities make. More
Cotton candy, toothpicks, pet gel -- these products are all made from marijuana Legal cannabis, an estimated $5.4 billion industry, is drawing in entrepreneurs with a variety of innovative products -- from skin patches to pain relief gel for pets. More

Special Offer