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Posted on 11/7/24 at 9:02 am to SaintlyTiger88
29 the first time I bought a home with someone.
38 the first time I bought a home 100% on my own.
38 the first time I bought a home 100% on my own.
Posted on 11/7/24 at 9:02 am to SaintlyTiger88
28
Posted on 11/7/24 at 9:14 am to SaintlyTiger88
26. Had it paid off before I was 34.
On my 3rd since, designed and built all but this last one. Wife didn’t want to build again.
On my 3rd since, designed and built all but this last one. Wife didn’t want to build again.
Posted on 11/7/24 at 9:17 am to caill430
Bought a condo at 22. Sold it, Bought a house at 30.
Posted on 11/7/24 at 9:18 am to SaintlyTiger88
23 I think? I was an assistant manager at Winn Dixie making $10.50/hr and my wife did private babysitting making like $150/wk. Wasn’t easy, but we did it
Posted on 11/7/24 at 9:28 am to SaintlyTiger88
27
Posted on 11/7/24 at 9:28 am to dpd901
24. House was 104k
Dont see that anymore
Dont see that anymore
Posted on 11/7/24 at 9:29 am to SaintlyTiger88
I was 25 and bought my home in 2009
Posted on 11/7/24 at 9:48 am to ronniep1
quote:
We got a special interest rate for first time home buyers of 9.95%. If I’m remembering correctly, normal rate at that time was 12 - 13%.
Yep. Interest rates in the 80's were insanely high. I bought my 2nd house in the early 80's and the only way that happened is I got to assume the sellers mortgage at a good interest rate and took out a personal second mortgage with the seller and a lower rate than the lenders were seeking.
I paid off the 2nd mortgage in 2 years and cut my monthly payments by 1/3.
My first house was a 100+ yr. old single shotgun that I grew up in. I remember my mom getting married for the 2nd time about the time I bought that old house in 74. She and my stepdad bought a brand new 2 story 3 BR., 2 Bath brick house in Buccaneer Villa North in Chalmette with a small storage shed attached to a carport for $40K.
Now it costs WAY more than that for the lot to build on.
Posted on 11/7/24 at 9:49 am to SaintlyTiger88
34
Posted on 11/7/24 at 10:15 am to fallguy_1978
Reading this thread truly is depressing. 125k is a down payment these days
Posted on 11/7/24 at 10:16 am to SaintlyTiger88
27, wife was 25. House was $265k.
Posted on 11/7/24 at 10:20 am to SaintlyTiger88
quote:This word cracks me up
homeowner
You don't own anything until it's paid off...
You share custody with the bank/mortgage company...
Posted on 11/7/24 at 10:22 am to SaintlyTiger88
19
Posted on 11/7/24 at 10:24 am to SaintlyTiger88
28.
I now pay more in federal income tax every year than the total cost of that house. It’s obscenely absurd.
I now pay more in federal income tax every year than the total cost of that house. It’s obscenely absurd.
Posted on 11/7/24 at 10:28 am to SaintlyTiger88
24--Older House we bought for like 90K and remodeled every inch of the interior and Rhinoshield for the exterior.
Purchased July 19, 2014
Moved in November 15, 2014
Purchased July 19, 2014
Moved in November 15, 2014
This post was edited on 11/7/24 at 10:31 am
Posted on 11/7/24 at 10:29 am to SaintlyTiger88
25
Posted on 11/7/24 at 10:34 am to SaintlyTiger88
We built our home when we were 24
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