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Just purchased my first house.

Posted on 10/28/17 at 6:48 am
Posted by TTsTowel
RIP Bow9den/Coastie
Member since Feb 2010
91640 posts
Posted on 10/28/17 at 6:48 am
This is kind of scary, but exciting at the same time.

No more wasted money.
Posted by InfantryDawg
Valhalla
Member since Oct 2013
1777 posts
Posted on 10/28/17 at 7:30 am to
It is exciting but there will always be something that needs to be fixed.??
Posted by coachcrisp
pensacola, fl
Member since Jun 2012
30589 posts
Posted on 10/28/17 at 8:03 am to
Is it a new house, or previously owned?
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19493 posts
Posted on 10/28/17 at 8:08 am to
I triggered the housing market collapse about 10 years ago by signing closing papers in November 2007. That market immediately tumbled. I lost 1/3 of the value of my new house almost immediately.

Oh, sorry I wandered off your topic.

Congratulations!
Posted by PrivatePublic
Member since Nov 2012
17848 posts
Posted on 10/28/17 at 8:52 am to
quote:

No more wasted money.


Your tune will change quickly, young padawan.
Posted by The Nino
Member since Jan 2010
21520 posts
Posted on 10/28/17 at 10:30 am to
quote:

It is exciting but there will always be something that needs to be fixed.??
This 100%. Granted we bought an old home, but for the first 6 months, we spent at least $100 a week at home improvement stores. No one fully explains the constant maintenance and improvements a house requires.
Posted by DownSouthJukin
Coaching Changes Board
Member since Jan 2014
27177 posts
Posted on 10/28/17 at 10:40 am to
quote:

No more wasted money.




Congrats.

I’m on my third old house. Here’s some good advice: learn some basic home improvement skills and you’ll save some $$$.
This post was edited on 10/28/17 at 10:42 am
Posted by arkiebrian
NWA
Member since Nov 2006
4167 posts
Posted on 10/28/17 at 10:45 am to
Here's to hoping its your name alone on the deed.

Posted by five_fivesix
Y’all
Member since Aug 2012
13834 posts
Posted on 10/28/17 at 11:09 am to
quote:

Here’s some good advice: learn some basic home improvement skills and you’ll save some $$$.


Great advice, but know your limits. Half-assing a job will cost you way more in the long run. Don’t be afraid to “call a guy”.
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
20469 posts
Posted on 10/28/17 at 1:30 pm to
Congrats!

Posted by Perfect Circle
S W Alabama
Member since Sep 2017
6835 posts
Posted on 10/28/17 at 3:19 pm to
quote:

It is exciting but there will always be something that needs to be fixed.??


This; especially if you have kids.

Congrats. It feels good to make payments on something you'll eventually own, unlike rent, where you're just making payments.
Posted by animalcracker
Member since Oct 2010
1930 posts
Posted on 10/28/17 at 3:28 pm to
quote:

Just purchased my first house
single or double wide?
Posted by Rougarou13
Brookhaven MS
Member since Feb 2015
6839 posts
Posted on 10/28/17 at 4:21 pm to
Congrats. It's fun and scary all at the same time.
Posted by DownSouthJukin
Coaching Changes Board
Member since Jan 2014
27177 posts
Posted on 10/28/17 at 5:42 pm to
quote:

Great advice, but know your limits. Half-assing a job will cost you way more in the long run. Don’t be afraid to “call a guy”.


That, too. Find a good handyman, also.
Posted by Kentucker
Cincinnati, KY
Member since Apr 2013
19351 posts
Posted on 10/28/17 at 6:40 pm to
Congrats. Now go dig a pit in the back yard and start throwing money in it. Owning a home is like that. But at least you get to call it home.
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 10/28/17 at 6:49 pm to
Just wait until you sell your first house. Way more exciting. You really don’t know what you like and want until you buy your first place. In theory, you should have built up your assets and salary more, which should allow you to get exactly what you want next time around. Took three tries for me 3800 sqft to 2600 to.......932 sqft in the main House. But, we bought 100 acres and built it exactly as we wanted. My son is going to love high school living in the guest house.
Posted by vengeanceofrain
depends
Member since Jun 2013
12465 posts
Posted on 10/28/17 at 8:03 pm to
My girl wants a house I don't. We live in a rented loft now. I like having the ability to get up and go.
Posted by TigerOnTheMountain
Higher Elevation
Member since Oct 2014
41773 posts
Posted on 10/28/17 at 8:35 pm to
Your girl is smart. Start building equity and assets early and often. I’m 29.
Posted by vengeanceofrain
depends
Member since Jun 2013
12465 posts
Posted on 10/28/17 at 9:17 pm to
Meh. She probably right. But I like to move around. I've lived in 6 states in 13 years since being 21 but I do got a 2.0 now and I like it here.


Posted by SamuelClemens
Earth
Member since Feb 2015
11727 posts
Posted on 10/29/17 at 5:27 am to
It's about time slacker.

What's the square footage and how much did you mortgage, and how much did you put down, and what's your interest rate?
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