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

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Boyish translucent electric furnace box office
  05/09/24
buy?
rose laughsome school cafeteria alpha
  05/09/24
bought this year. ARR CASH
Cracking Pea-brained Office
  05/09/24
same.
impressive odious locale roast beef
  05/09/24
KIKE
sienna cocky volcanic crater
  05/09/24
KIKE
sienna cocky volcanic crater
  05/09/24
We've looked into it. Assuming you're financed and bought pr...
Heady sick love of her life gas station
  05/09/24
yeah it's stupid trying to trade up to add 1 br and ~300 ...
up-to-no-good telephone
  05/09/24
we gave up a 2.125% to buy a house worth 2.5x as much but pa...
Cracking Pea-brained Office
  05/09/24
was the all-cash one discounted bc it was all-cash? otherwis...
Dun 180 dog poop ceo
  05/09/24
Actual inflation exceeds risk free savings rate
harsh seedy corner
  05/09/24
lol no. the only reason we got the house is bc we were all c...
Cracking Pea-brained Office
  05/09/24
this was my entire 2023. despite assiduously following disco...
up-to-no-good telephone
  05/09/24
Just save up to buy in cash breh. I'm not even joking, that'...
Diverse self-centered halford
  05/09/24
...
Flickering station personal credit line
  05/09/24
We bought a new house in 2023. Got it done by having two mor...
Rambunctious dingle berry
  05/09/24
why dont u just pay off the new house asap
Cracking Pea-brained Office
  05/09/24
I ran out of money to be honest. We are pretty poor as a f...
Rambunctious dingle berry
  05/09/24
And lowering interest rates will only increase the price. LJ...
Diverse self-centered halford
  05/09/24
I will be buying in cash in about 18 months after my next de...
harsh seedy corner
  05/09/24
KIKE
sienna cocky volcanic crater
  05/09/24
Huh?
harsh seedy corner
  05/09/24
No, I live and poast from my RV
out-of-control trailer park gay wizard
  05/09/24


Poast new message in this thread



Reply Favorite

Date: May 9th, 2024 12:56 PM
Author: Boyish translucent electric furnace box office



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



Reply Favorite

Date: May 9th, 2024 1:00 PM
Author: rose laughsome school cafeteria alpha

buy?

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



Reply Favorite

Date: May 9th, 2024 1:01 PM
Author: Cracking Pea-brained Office

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: impressive odious locale roast beef

same.

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



Reply Favorite

Date: May 9th, 2024 1:20 PM
Author: sienna cocky volcanic crater

KIKE

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



Reply Favorite

Date: May 9th, 2024 1:20 PM
Author: sienna cocky volcanic crater

KIKE

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



Reply Favorite

Date: May 9th, 2024 1:02 PM
Author: Heady sick love of her life gas station

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: up-to-no-good telephone

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: Cracking Pea-brained Office

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: Dun 180 dog poop ceo

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: harsh seedy corner

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: Cracking Pea-brained Office

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: up-to-no-good telephone

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: Diverse self-centered halford

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: Flickering station personal credit line



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



Reply Favorite

Date: May 9th, 2024 1:46 PM
Author: Rambunctious dingle berry

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: Cracking Pea-brained Office

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: Rambunctious dingle berry

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: Diverse self-centered halford

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: harsh seedy corner

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: sienna cocky volcanic crater

KIKE

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



Reply Favorite

Date: May 9th, 2024 1:42 PM
Author: harsh seedy corner

Huh?

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



Reply Favorite

Date: May 9th, 2024 1:58 PM
Author: out-of-control trailer park gay wizard

No, I live and poast from my RV

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