How Did You Buy Your First Home Reddit

If you can t get the payments that low then you need a cheaper house or a larger down payment.

How did you buy your first home reddit. The 18th was my closing date originally and it is also my last workday of the year and i feel like moving and christmas are going to create an icky stress mess so i d like to be able to enjoy some of my vacation without worrying about a messy unpacked. Depending on how long you plan to live in your home arm might be a good option. We did our due diligence checked our credit got pre approved found a realtor. Why first home buyers don t need to compromise. Your realtor stands to make 3 of any purchase.

After you buy your home don t feel compelled to set it up immediately. If you feel strange asking for all this help don t. Did you all rush to move in or did you take your time. That means it s ok to use the current furniture you have. You can have both in your new home even on a first home.

Consider your mortgage options. Have any helpful moving tips hacks. We re still using a box mattress combo no frame or headboard. It s ok to not have a proper bed. It s a big commitment and there s a good chance this will be the largest purchase you ve made to date.

After a decade of apartment living my husband and i finally saved up enough money to buy our first home last year. Whatever you do try to ensure that your payment is less than 20 of your net income and not just income after taxes but also after putting money away into your 401k ira etc. As you prepare here are the steps to follow as you purchase your first home. Buying your first home is considered one of the biggest milestones in life as well as finances. Here are some examples of best prospects.

I m trying to figure out what i want to do to increase my income but my ultimate goal is to be able to live passively and i think having rental properties is the way to do that. Regardless of home prices in your area you represent a prospective big ticket customer. First home buyers expect to compromise on space and style but you don t have to. Even if home prices in your area are 100k that s still 3 000 in commissions and buyers agents don t frankly do that much work opinion. Yet that s not the only cash you ll have to come up with before you get the keys to your new place.