User Panel
Posted: 2/7/2022 7:50:24 PM EST
House/condo/co-op, as your primary residence.
Simple question. I was 36, NYC suburbs are a bitch. Embrace my pole. |
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24!
My experience with multiple roommates in apartments was not to my liking. |
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I moved back in once for a few weeks. Dad say's "you should buy a house". So I did at 22.
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24. Wife and i bought it 2 months before we got married. Spent those 2 months painting and fixing things. I moved in the day before our wedding and she moved in on our wedding night. I was hanging blinds in our bedroom the morning of our wedding.
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27. Downsized the ridiculous wedding planned and we took the money to buy a house instead.
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I built a sshwueeet bachelor pad on the river back home at 26. Man I slayed some wool in that place.
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22. Had ETS'd and gotten married at 21.
Bought a place at $31.5k in '77 at 10.75%. After signing the papers, I thought "what have I done?". I'll never pay off $31k in my lifetime. |
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26 years old in 2017. Boy am I glad I did. My house is almost worth twice as much as it was then. No renovations, etc, either.
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27
Refinanced once about 12 years in. We should have her paid off before I hit 52-ish. |
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23. 1980. $55,000 for single family home in D.C. suburb (Falls Church).
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23 in 1977. The house cost 15 thousand. It was a nice lot. Got married and we fixed the place up. Had a garden and chickens with big picnics and volleyball.
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I was 29. It was at a time when people were standing in line for government loans that were only 13.50%. I wound up getting a variable rate mortgage which worked out ok because interest rates went down.
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24.
I bought a truck last year that was 3x more expensive than my first house. |
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23 in 1998.
Paid 20 k for it had to do a total gut and remodel. Lived there for 6 years and sold for 150. |
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Definitely under 30. Probably around 28 years old. Married for about 4 years and had two little kids. Got tired of paying rent to shitty landlords. We figured out a mortgage was cheaper than rent and I recently changed jobs to one that paid much better than what I had been making. It all kind of fell into place at one time.
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28 and thought I paid too much, sold 8 yrs later for 2 1/2 what I paid.
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Bought my shitty bachelor pad trailer and the property is was on. Moved in @ 18 and had it paid off @ 25yo.
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23 at the time, 1989
Was renting a small bungalow for about a year when my land-lady / owner called informing me she was selling the place and wanted to know if I would be interested in buying. I told here I'd think about it. Then she said "I'll put all the rent you've paid so far against my asking price" Told her OK She was an interesting character, her family was very well off and she was quite the free spirit. House was pretty small, thinking around 950 sq.ft. Was in really good shape however, it had been in their family since new, built in the early 20's. Don't want jinx it but the dryer (decently used) she left behind as part of the deal is still going strong. That thing refuses to die, not light use either, family of 6. Replaced the normal stuff several times, belt, rollers, idlers. |
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I was ready at 20, but the parental units talked me out of taking a Jimmy Carter 16% mortgage rate loan.
I waited until 24 when I got married. |
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A month or so shy of 30.
I moved around DFW as I switched jobs around every 3 years, so I was fine renting. Got married and needed to be more static. I’ve traded up houses twice since then. More room for pew pew crap. |
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20, recalibrated my priorities and sold off my car stereo for the down payment.
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20, used my enlistment bonus from the army reserves and money my parents made me save from the Co-Op program I did my last two years of high school as a down payment. I worked full time in HS by coming into my co op job 3 hours early and working Saturdays which allowed me to have substantial savings when I graduated. At the time I hated my parents making me save that money, but now it all makes sense.
It’s not a perfect house, but at 27 it’s more than enough for the four people who live in it. Wife and I are now looking to pay cash for 40+ acres to start building a house on. |
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