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Anyone here try to buy a house lately? Holy shit it's expensive

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Slate Potus
  05/09/24
buy?
know-it-all spectacular electric furnace
  05/09/24
bought this year. ARR CASH
histrionic cruise ship skinny woman
  05/09/24
same.
olive talking stage
  05/09/24
KIKE
cyan medicated lettuce
  05/09/24
KIKE
cyan medicated lettuce
  05/09/24
We've looked into it. Assuming you're financed and bought pr...
pea-brained exhilarant roommate
  05/09/24
yeah it's stupid trying to trade up to add 1 br and ~300 ...
racy rigor indirect expression
  05/09/24
we gave up a 2.125% to buy a house worth 2.5x as much but pa...
histrionic cruise ship skinny woman
  05/09/24
was the all-cash one discounted bc it was all-cash? otherwis...
self-centered startled hell headpube
  05/09/24
Actual inflation exceeds risk free savings rate
saffron whorehouse
  05/09/24
lol no. the only reason we got the house is bc we were all c...
histrionic cruise ship skinny woman
  05/09/24
this was my entire 2023. despite assiduously following disco...
racy rigor indirect expression
  05/09/24
Just save up to buy in cash breh. I'm not even joking, that'...
unholy lay
  05/09/24
...
Concupiscible Kitty Cat Theatre
  05/09/24
We bought a new house in 2023. Got it done by having two mor...
Sapphire messiness
  05/09/24
why dont u just pay off the new house asap
histrionic cruise ship skinny woman
  05/09/24
I ran out of money to be honest. We are pretty poor as a f...
Sapphire messiness
  05/09/24
And lowering interest rates will only increase the price. LJ...
unholy lay
  05/09/24
I will be buying in cash in about 18 months after my next de...
saffron whorehouse
  05/09/24
KIKE
cyan medicated lettuce
  05/09/24
Huh?
saffron whorehouse
  05/09/24
No, I live and poast from my RV
Apoplectic kink-friendly selfie
  05/09/24


Poast new message in this thread



Reply Favorite

Date: May 9th, 2024 12:56 PM
Author: Slate Potus



(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648210)



Reply Favorite

Date: May 9th, 2024 1:00 PM
Author: know-it-all spectacular electric furnace

buy?

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648220)



Reply Favorite

Date: May 9th, 2024 1:01 PM
Author: histrionic cruise ship skinny woman

bought this year. ARR CASH

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648223)



Reply Favorite

Date: May 9th, 2024 1:11 PM
Author: olive talking stage

same.

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648253)



Reply Favorite

Date: May 9th, 2024 1:20 PM
Author: cyan medicated lettuce

KIKE

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648284)



Reply Favorite

Date: May 9th, 2024 1:20 PM
Author: cyan medicated lettuce

KIKE

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648285)



Reply Favorite

Date: May 9th, 2024 1:02 PM
Author: pea-brained exhilarant roommate

We've looked into it. Assuming you're financed and bought pre-2021, in order to meaningfully upgrade your house you probably need to at least TRIPLE your monthly payments - probably quadruple....

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648228)



Reply Favorite

Date: May 9th, 2024 1:04 PM
Author: racy rigor indirect expression

yeah it's stupid

trying to trade up to add 1 br and ~300 sq ft and it's like, hmm that'll be an extra $400,000 (with accompanying higher tax and insurance payments)

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648236)



Reply Favorite

Date: May 9th, 2024 1:06 PM
Author: histrionic cruise ship skinny woman

we gave up a 2.125% to buy a house worth 2.5x as much but paid cash. financing it would have made no sense

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648238)



Reply Favorite

Date: May 9th, 2024 1:12 PM
Author: self-centered startled hell headpube

was the all-cash one discounted bc it was all-cash? otherwise wtf that makes no sense to forego a loan below inflation rate in order to pay cash, which in your savings would've at least tracked inflation

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648261)



Reply Favorite

Date: May 9th, 2024 1:13 PM
Author: saffron whorehouse

Actual inflation exceeds risk free savings rate

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648262)



Reply Favorite

Date: May 9th, 2024 1:16 PM
Author: histrionic cruise ship skinny woman

lol no. the only reason we got the house is bc we were all cash. place went pending 1 day after listing and they got a ton of offers, including several all cash.



(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648271)



Reply Favorite

Date: May 9th, 2024 1:03 PM
Author: racy rigor indirect expression

this was my entire 2023. despite assiduously following disco fries' advice at every step we simply could not make it work

at this point we're deciding whether to try for round two or just accept it and start blowing the $$$ on other shit

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648232)



Reply Favorite

Date: May 9th, 2024 1:06 PM
Author: unholy lay

Just save up to buy in cash breh. I'm not even joking, that's the only real move here.

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648240)



Reply Favorite

Date: May 9th, 2024 1:10 PM
Author: Concupiscible Kitty Cat Theatre



(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648249)



Reply Favorite

Date: May 9th, 2024 1:46 PM
Author: Sapphire messiness

We bought a new house in 2023. Got it done by having two mortgages for awhile. Paid a down payment and all closing costs while paying reno costs on the old house. Paid for the move. Moved. Finally got the old house on the market. It was one nightmare after another. House sold. Then we went to closing. By that time I was so exhuasted and up to my eyeballs in debt. Got the wire.

Now our new mortgage (at 6.5%) is paid down and we have just 17 years remaining on the loan.

Maybe we can refinance one day, maybe not.

Honestly the cash flow problems kind of worked themselves out once we got the other house sold and it's 2.75% mortgage paid off. I do pay more in interest now, at 6.5%, but it's a better house and we are happier.



(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648372)



Reply Favorite

Date: May 9th, 2024 1:47 PM
Author: histrionic cruise ship skinny woman

why dont u just pay off the new house asap

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648377)



Reply Favorite

Date: May 9th, 2024 1:54 PM
Author: Sapphire messiness

I ran out of money to be honest.

We are pretty poor as a family and I have a hard and fast rule about not having more than 10% of our net worth tied up in my primary home (which is the only real estate that we own).

I hate real estate and I just think it's a huge anchor around your neck once you dip your toe in.

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648401)



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Date: May 9th, 2024 1:04 PM
Author: unholy lay

And lowering interest rates will only increase the price. LJL

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648237)



Reply Favorite

Date: May 9th, 2024 1:10 PM
Author: saffron whorehouse

I will be buying in cash in about 18 months after my next deployment. Obviously buying on credit is not possible at this time

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648250)



Reply Favorite

Date: May 9th, 2024 1:20 PM
Author: cyan medicated lettuce

KIKE

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648286)



Reply Favorite

Date: May 9th, 2024 1:42 PM
Author: saffron whorehouse

Huh?

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648360)



Reply Favorite

Date: May 9th, 2024 1:58 PM
Author: Apoplectic kink-friendly selfie

No, I live and poast from my RV

(http://www.autoadmit.com/thread.php?thread_id=5526832&forum_id=2#47648412)