Buying a Home is a Headache
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Which are you going to have for a longer time, your house or your job?
UberEatsDriver
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- Brooklyn keeps on taking it.
This really depends on how long you plan to stay on the house. If you have the money and plan to stay in the house for a significant amount of time, you should avoid the PMI. Otherwise you’re paying unnecessary extra money for the same house.
Carolina Slim
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Currently looking into leaving the Raleigh area. We currently own a townhouse in a pretty good area of Raleigh, but we need more space. My mans is a realtor, he told us with it being a seller's market, it won't be an issue selling the crib, but as far as what we would like (ideally a ranch or a 3 br with an office or a 4 br), we would probably have to look at areas further out like Knightdale or Wendell to remain at where we're looking price wise. My wife and I both work from home, so commuting isn't an issue. We're probably leaning toward new construction, but even the ones we've seen have contract on them. It's gonna be interesting juggling the selling and timing it to where we can get into a new home.
If you went with FHA, you would have to refinance to get rid of the PMI. But again, you have to hit that 78% mark to do that.
Also don’t forget that the less you put down, the larger the balance you’re paying interest on. So that also increases the amount you’re paying over the life of the loan, just in interest.
Of course but I plan to play an extra 500 every month.
Already pulled up the calculators too.
You'll be waiting a while, the 600 dollar checks saved the dayThis. This is what’s stopping me from buying a house. Can’t wait until this shyt switches... if it switches
Yeah the market for buyers is horrible here in Charlotte. I've got enough savings and investments I could pull out to put 20% down but at the moment its not worth it. Nearly every house under 200k is already under contract by flippers and every home in a good neighborhood with 3 Bedrooms/2Bath/2Car Garage/Decent Backyard is a bidding war starting at $260k. I doubt it will change this year but going to keep saving anyway
STEVE
MIami Beach on the check-in.
Sure did.
Sbp
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We bought about 2.5 years ago and it was a smooth process. I’m very happy with our home. It meets all our needs and most of our desires. Nothing like cutting the grass while the kids play on the play set, watching movies in the rec room, growing vegetables in the garden, diving up in the wife in the master bedroom...
Just focused now on paying it off in 15 years and doing a few upgrades.
This man knows wassup
