I second what MarkB said. Assuming the bank and additional funds aren't a show stopper, what is the house worth to you? If it is just a house on a postage stamp, I would probably walk away, since there will be plenty more just like it. But if the property has more features (like barns, garages, fields, etc) it is probably worth the extra cost.
One other question, will this be a starter home or investment property? Basically, do you plan on selling the home in a couple of years? If this is the case, walk away. With the market the way it is right now you will probably not recover the extra cost. However if you are like me and plan to never move again, the extra upfront cost will be trivial over the life of the morgage.
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Today's Featured Article - Tractor Profile: Allis-Chalmers Model G - by Staff. The first Allis-Chalmers Model G was produced in 1948 in Gasden, Alabama, and was designed for vegetable gardeners, small farms and landscape businesses. It is a small compact tractor that came with a complete line of implements especially tailored for its unique design. It featured a rear-mounted Continental N62 four-cylinder engine with a 2-3/8 x 3-1/2 inch bore and stroke. The rear-mounted engine provided traction for the rear wheels while at the same time gave the tractor operator a gre
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