Buying a Home is a Headache

[acri1]

I've been putting off buying a home for a few years now. Could easily afford it, but it's just such a pain

 

[SheWantTheD]

More people need to consider just not buying at all. Between the fees, bank interest, opportunity cost... It's worth considering what just renting would look like

The level of commitment in home ownership to live in is just too much for me.

Committing to one project for 20-30+ years.

I have no qualms with buying homes and renting them out tho!

 

[Rell Lauren]

The level of commitment in home ownership to live in is just too much for me.

Committing to one project for 20-30+ years.

I have no qualms with buying homes and renting them out tho!

Yeah. My Financial Advisor said I should think about buying instead of renting, but I don't want to get tired of it five years in and want to sell which isn't easy itself. The market fluctuates.

 

[JT-Money]

I can't decide between these two properties.

Edit: 567K and 695K

 

[Michael's Black Son]

becoming a homeowner in the states is a finesse for the banks. Why should I house, that's a basic amenity for survival take decades to be able to pay for? Just doesn't make sense.

cost of living and homes in other countries are far far cheaper.

If I had a remote job or had my own business I'd live overseas, rent in the States.

breh everyone gets to eat before you get the keys.
- brokers
- lawyers
- insurance company
- movers
- inspectors
- condo/co op board (if u go this route)
- illegals you hire for renovations
- underwriters

 

[xoxodede]

Congrats Sis!

I am in the beginning stages of building a home next to my parents house in Michigan. I purchased the land (It's about 1 acre) a few years ago for a really low price.

Take your time, don't rush yourself.

 

[m0rninggl0ry]

Greensboro, NC if I accept a position at UNCG.

Concord, Charlotte area if I get a call back from another university.

professor or higher Ed admin?

 

[Mister_DoItNice]

Made an offer on a place today. Went to go see it and three more people pulled up afterwards. My friends drove by later in the evening to see what it looked like and more people were there checking it out. It has barely been on the market for 24 hours. Now I wait and see what happens. I’m sure someone is gonna offer like 20k above asking.

 

[twan83]

Holy fukk that would be like 700k+ in Jersey!

damn I wonder how much my house would be then

Parker II New Home Floor Plan in Texas | View Homes
Basically what I have

• BEDS:4
• BATHS:3.5
• GARAGE:2
• Approx. 2765 Sq. Ft

 

[I AM WARHOL]

I've been looking for 3 months in Georgia (Atl, Vinings, Brookhaven, dunwoody) and the search has been complete bullshyt. Multiple houses listed as available that are actually not available. Houses priced like 50k above the value they were at the beginning of 2020 for no good reason. And I don't have the ability to wait it out unfortunately

 

[Mister_DoItNice]

I’m about to say fukk the place I put an offer on yesterday. I offered them asking price and I would cover all closing costs and I know my offer was among the first received. The selling agent emailed mine this morning talking about “we’re getting a lot of offers and the seller wants to review the best offer today and make a decision at 5 pm” Ok cool, y’all want a bidding war, that’s not what I’m about. Told my agent that our offer stands and I’m not giving these people a penny for. fukk outta here. I don’t need to buy a house that bad.

 

[Jahbarri]

Idk where u live but if u don’t mind 25-45 minute commute u normally get waaaay bigger bang for your buck.

 

[Kalik]

Don’t buy in that area. Example I live in an area of Florida with new homes going up left and right. Those are cookie cutter homes, search for one similar price built 80s and 90s that has more yard, bigger homes. Then redo the interior an update what you can. Will be a better investment.

My home more than doubled in value in 5 years.
5 bed/4bath/2car near beach... best investment I ever did.

 

[Rawtid]

I'm not expert but I'd save some more and hold on buying a home.

Buying a home is not even the most stressful part and when you buy a home I would carefully inspect everything.

My pops bought the WRONG house, and I say that because it's old and there's so much underlying shyt that's outdated and needed to be fixed.

Take a careful look at everything on the inside AND outside of the house. Hire a professional or get someone who knows how to spot red flags in homes so you aren't dropping 10 grand later.

Tell him to refinance into a 203k and get the entire place renovated at once by professionals. If I had to do it over, I would have spent a little more on something updated already.

I was going to piecemeal projects, but I had a wall removed when I first moved in and it was dust covering every square inch of everything. I knew then I would have to do a huge project at once.

 

[Rawtid]

I've been looking for 3 months in Georgia (Atl, Vinings, Brookhaven, dunwoody) and the search has been complete bullshyt. Multiple houses listed as available that are actually not available. Houses priced like 50k above the value they were at the beginning of 2020 for no good reason. And I don't have the ability to wait it out unfortunately

Are you working with a realtor? The MLS is more accurate than any internet search sight.