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110,000 is not much for a 1500 sq ft place, even in Ohio. I'm sure there are other places in that price range, ones that may not be on a 55mph street. I have a cookie cutter house and love it, don't automatically pass by those. Look around, I'm sure there is a more perfect fit if thats a sticking point.
Home ownership will help your credit rating, and its obvious you can afford the payments. 2600 a year in taxes sounds high, national average is 1% of purchase price per year, or 1100 in your case.
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If you have any poo... fling it NOW!
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