Homeowners
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- 26 Responses
- jasontroj
Those of you that own your house, apartment, condo, etc. any regrets? Still wish you were renting? Did you put 10% or 20% down?
- PSYKHO0
Bought a small place sometime back, no regrets what so ever in buying a place, so much better than paying rent.
- falcadia0
Best thing I ever did was buy my own place. So much better than burning money on rent. If you own it you take more pride in it and doing little fixer uppers don't seem so bad. And the best part is you will most likely get a return on it in the end.
- horton0
there was a thread a couple days ago with the same question/ lots of replies and advice
- Stecchino0
No regrets at all. I bought a small house and it nearly doubled in value. A huge part of the problem is that people bought places that they couldn't afford. A lot of McMansions that were built in the 90's are for sale in my area.
- monkeyshine0
Bought a year and a few months ago. No regrets. 20% down. fixed rate mortgage. my house value has risen a little bit and my neighborhood is doing pretty well.
//knocks on wood
- D_Dot0
I've heard that continuing to rent and investing the difference is a better way to go as well. It all comes down to comfort levels and whether or not you can stay in one place (geographically) for a while.
- OSFA0
Bought my house a year ago. In Florida. Fcking market!
- Mimio0
If you're buying right now you can be more assured that the prices are actually not inflated, unlike the last 6-7 years.
- BonSeff0
i bought a fixer upper- pretty much remodeled it top to bottom.
now i have to wait for the market to pick up a bit to see my ROI.
But the best part is i can do whatever i want to the place. (paint walls, flooring, landscaping, etc..)
..worst part is buying new central air/heating - boo - that was expensive
- sputnik20
20% down, wouldn't do it any other way. our mortgage is a couple hundred dollars more than most peoples' rent.
- TheFatBaron0
10% - but the resulting mortgage payment is still well within what we can afford. Houses in our neighborhood continue to sell, because they're semi-small houses with decent yards in a good area for families.. not McMansions built on major roads.
- moldero0
I bought a couple years ago in SF with 25% down, we now live in crazy town Mexico (Culiacan to be exact) and were renting out the SF property to cover about 3/4 of the crazy mortgage.
- mrdobolina0
Sales of existing homes rose 3.1 percent in July
- arthur0
regrets? wish I was still renting? you are out of your mind.
- ********0
prices might still have a way to fall
- ********0
really they do. It gets depressing looking at the prices around here.
- refunktion0
I bought in Portland, Oregon. Absolutely no regrets, live in SF now, looking forward to buying another house in another five years or so... still have the house in Portland, renters in place, fixed rate and no money down.
- im in PDX - in what area is your house? i'm in laurelhurst,arthur
- sputnik20
our neighbourhood never blew up too big, so it never crashed. it's been steadily increasing, which is nice.
prices still have a way to fall. my honey worked for the largest bankruptcy/foreclosure law firm in denver until recently (for 2.5 years) and they expect another 9 months of drop in most places, 12 months for those heavily hit like miami & las vegas.
- very similar situation for me. GET OUT OF MY HEAD!mrdobolina
- but it's so much fun in there!!sputnik2
- lots of room.mrdobolina
