- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: When did you buy your first house?
Posted on 3/30/21 at 2:13 pm to SCgamecock2988
Posted on 3/30/21 at 2:13 pm to SCgamecock2988
I was 28. Recently discharged from the Navy and was ready for some privacy and ownership.
0
Posted on 3/30/21 at 2:17 pm to SCgamecock2988
I was 25, almost 26. I regret it. I bought at the top of the market in our area and had to sell in the bottom of the market. Was upside down in the house.
Part of that was because when I bought it, you could easily get a house with no money down... and I did that... because everyone told me I was stupid to rent.
I ended up doing a short sale and it took my credit years to recover.
Buy a house when you are ready to buy a house and have enough saved up for a strong down payment and enough saved up to fix stuff when it breaks. I wish I would have waited 3-4 years.
Part of that was because when I bought it, you could easily get a house with no money down... and I did that... because everyone told me I was stupid to rent.
I ended up doing a short sale and it took my credit years to recover.
Buy a house when you are ready to buy a house and have enough saved up for a strong down payment and enough saved up to fix stuff when it breaks. I wish I would have waited 3-4 years.
This post was edited on 3/30/21 at 2:17 pm
Posted on 3/30/21 at 2:18 pm to SCgamecock2988
22
Posted on 3/30/21 at 2:20 pm to SCgamecock2988
30ish. Bought a house in Madison ms with the assumption my fiancé would move to MS. We broke up and I said frick it and moved to the northeast. The down payment on my current house is more than 1.5x the total purchase price of that MS house. 
Posted on 3/30/21 at 2:20 pm to SCgamecock2988
24, 1200 Sq ft home 2 bed 2 bath and it was plenty for me. The mortgage with insurance and taxes were the same as the rent so you will at least see some of that money you invest back. Unlike an apartment or rental if it breaks you have to fix it and trust me shite will break at the most inconvenient time. I was similar to your situation at the time and imo the pros outweigh the cons for homeowners ownership compared to renting.
This post was edited on 3/30/21 at 2:21 pm
Posted on 3/30/21 at 2:21 pm to SCgamecock2988
35. $375,000 macaroons. I didn’t have much guidance that ever encouraged home ownership though and I lived a lot of different places.
Posted on 3/30/21 at 2:41 pm to SCgamecock2988
quote:
the only reason I'd want a house is because a mortgage would be cheaper and I would be building equity.
How about not sharing a wall floor and ceiling with 4 random families, the noise, the space, etc
Posted on 3/30/21 at 2:44 pm to SCgamecock2988
quote:
Good points. I have never enjoyed any job I've ever had and have wanted to move out of SC just because I've been here my whole life. But I keep saying these things and not doing anything about it.
quote:Dude, you're 33 yrs old. Still renting a 900sf apartment, renting a damn washer/dryer??, never enjoyed any job and have wanted to leave your home town but you have no initiative or motivation to actually do a damn thing to change? WTH man?
SCgamecock2988
Posted on 3/30/21 at 2:52 pm to SCgamecock2988
24
Was a foreclosure that needed a lot of work.
Sold it 10 years later for double what I paid for it.
Put in many hours of work though.
Was a foreclosure that needed a lot of work.
Sold it 10 years later for double what I paid for it.
Put in many hours of work though.
This post was edited on 3/30/21 at 2:54 pm
Posted on 3/30/21 at 3:13 pm to SCgamecock2988
28 years old. I’m sure women will be saying a lot younger because majority just slept their way into their first home.
Posted on 3/30/21 at 3:16 pm to SCgamecock2988
31 two years into marriage
Posted on 3/30/21 at 3:31 pm to SCgamecock2988
first house at 32 before i got married.
I rented in Baton Rouge (gardere and staring) from 22 to 28. I lived in a sea-can camp on leased land that i paid 5k for from 28-32, 200 bucks a year for the lease. I miss that place.
I rented in Baton Rouge (gardere and staring) from 22 to 28. I lived in a sea-can camp on leased land that i paid 5k for from 28-32, 200 bucks a year for the lease. I miss that place.
Posted on 3/30/21 at 3:33 pm to SCgamecock2988
I was 29.
Posted on 3/30/21 at 3:33 pm to TheAlmightySmash
I'm on the 3rd floor in the corner, so I really only share the space beside me and behind my bedroom. Could be a LOT worse. The floor is moot, they are the ones that have to hear me. Hardly ever see anyone.
This post was edited on 3/30/21 at 3:35 pm
Posted on 3/30/21 at 3:34 pm to SCgamecock2988
This time last year.
Posted on 3/30/21 at 3:51 pm to SCgamecock2988
1975. 20 yrs old.
Posted on 3/30/21 at 4:14 pm to SCgamecock2988
22. Dsld on a rural development loan. OT trash over here 
Posted on 3/30/21 at 4:15 pm to SCgamecock2988
25
Posted on 3/30/21 at 4:19 pm to SCgamecock2988
I bought rentals before my first home.
Close on my first home at 32 next month. 0% down and 2.75% on a jumbo, no PMI. Thanks to the VA
Close on my first home at 32 next month. 0% down and 2.75% on a jumbo, no PMI. Thanks to the VA
Posted on 3/30/21 at 4:27 pm to SCgamecock2988
28
Page 6 of 8
Popular
Back to top
Follow TigerDroppings for LSU Football News