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re: Your first house

Posted on 9/22/11 at 9:22 am to
Posted by tiger91
In my own little world
Member since Nov 2005
36817 posts
Posted on 9/22/11 at 9:22 am to
1993, 24 years old, $83,900, 5% down and don't remember the interest. Note with taxes/insurance was less than our rent house.

LOVED that house ... all 1297 sq ft of it. Sold it for $92K 4 years later. That hood in BR is now selling (well listing) for $150s.

Best thing that we did was NOT buy for an amount that we weren't comfortable with ... agent kept saying "but you've been approved up to $130K" .. I was like, lady we would like to eat and provide for our child!

Changes about the first house? None. We loved it, were comfortable with what we paid, it was less than rent and we got the interest to write off on taxes.

Good luck.
Posted by jerkyboyz
underground
Member since Aug 2011
365 posts
Posted on 9/25/11 at 3:22 am to
2003 28yrs old 180k , 0 down , 5.75% built my own home,sub contracted

refinanced 2010 15 yrs at 3.75%
now valued at 280k
This post was edited on 9/25/11 at 3:24 am
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