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

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Brilliant french chef
  05/09/24
buy?
glittery den
  05/09/24
bought this year. ARR CASH
cowardly corner philosopher-king
  05/09/24
same.
Iridescent hairraiser bawdyhouse
  05/09/24
KIKE
Razzle-dazzle flesh lay
  05/09/24
KIKE
Razzle-dazzle flesh lay
  05/09/24
We've looked into it. Assuming you're financed and bought pr...
Sooty vibrant regret business firm
  05/09/24
yeah it's stupid trying to trade up to add 1 br and ~300 ...
Contagious useless brakes whorehouse
  05/09/24
we gave up a 2.125% to buy a house worth 2.5x as much but pa...
cowardly corner philosopher-king
  05/09/24
was the all-cash one discounted bc it was all-cash? otherwis...
Pink chapel
  05/09/24
Actual inflation exceeds risk free savings rate
Vermilion floppy school cafeteria mood
  05/09/24
lol no. the only reason we got the house is bc we were all c...
cowardly corner philosopher-king
  05/09/24
this was my entire 2023. despite assiduously following disco...
Contagious useless brakes whorehouse
  05/09/24
Just save up to buy in cash breh. I'm not even joking, that'...
odious station
  05/09/24
...
rose plaza
  05/09/24
We bought a new house in 2023. Got it done by having two mor...
lascivious flushed background story
  05/09/24
why dont u just pay off the new house asap
cowardly corner philosopher-king
  05/09/24
I ran out of money to be honest. We are pretty poor as a f...
lascivious flushed background story
  05/09/24
And lowering interest rates will only increase the price. LJ...
odious station
  05/09/24
I will be buying in cash in about 18 months after my next de...
Vermilion floppy school cafeteria mood
  05/09/24
KIKE
Razzle-dazzle flesh lay
  05/09/24
Huh?
Vermilion floppy school cafeteria mood
  05/09/24
No, I live and poast from my RV
mind-boggling amber newt
  05/09/24


Poast new message in this thread



Reply Favorite

Date: May 9th, 2024 12:56 PM
Author: Brilliant french chef



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



Reply Favorite

Date: May 9th, 2024 1:00 PM
Author: glittery den

buy?

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



Reply Favorite

Date: May 9th, 2024 1:01 PM
Author: cowardly corner philosopher-king

bought this year. ARR CASH

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



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Date: May 9th, 2024 1:11 PM
Author: Iridescent hairraiser bawdyhouse

same.

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



Reply Favorite

Date: May 9th, 2024 1:20 PM
Author: Razzle-dazzle flesh lay

KIKE

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



Reply Favorite

Date: May 9th, 2024 1:20 PM
Author: Razzle-dazzle flesh lay

KIKE

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



Reply Favorite

Date: May 9th, 2024 1:02 PM
Author: Sooty vibrant regret business firm

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...id#47648228)



Reply Favorite

Date: May 9th, 2024 1:04 PM
Author: Contagious useless brakes whorehouse

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...id#47648236)



Reply Favorite

Date: May 9th, 2024 1:06 PM
Author: cowardly corner philosopher-king

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...id#47648238)



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Date: May 9th, 2024 1:12 PM
Author: Pink chapel

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...id#47648261)



Reply Favorite

Date: May 9th, 2024 1:13 PM
Author: Vermilion floppy school cafeteria mood

Actual inflation exceeds risk free savings rate

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



Reply Favorite

Date: May 9th, 2024 1:16 PM
Author: cowardly corner philosopher-king

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...id#47648271)



Reply Favorite

Date: May 9th, 2024 1:03 PM
Author: Contagious useless brakes whorehouse

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...id#47648232)



Reply Favorite

Date: May 9th, 2024 1:06 PM
Author: odious station

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...id#47648240)



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Date: May 9th, 2024 1:10 PM
Author: rose plaza



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



Reply Favorite

Date: May 9th, 2024 1:46 PM
Author: lascivious flushed background story

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...id#47648372)



Reply Favorite

Date: May 9th, 2024 1:47 PM
Author: cowardly corner philosopher-king

why dont u just pay off the new house asap

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



Reply Favorite

Date: May 9th, 2024 1:54 PM
Author: lascivious flushed background story

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...id#47648401)



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Date: May 9th, 2024 1:04 PM
Author: odious station

And lowering interest rates will only increase the price. LJL

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



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Date: May 9th, 2024 1:10 PM
Author: Vermilion floppy school cafeteria mood

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...id#47648250)



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Date: May 9th, 2024 1:20 PM
Author: Razzle-dazzle flesh lay

KIKE

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



Reply Favorite

Date: May 9th, 2024 1:42 PM
Author: Vermilion floppy school cafeteria mood

Huh?

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



Reply Favorite

Date: May 9th, 2024 1:58 PM
Author: mind-boggling amber newt

No, I live and poast from my RV

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