First Time Home Buyer

[Shannacore]

Originally Posted by Thulack [You must be logged in to view images. Log in or Register.]

Way more house then a 20-something single girl that never wants kids needs. Get a 1-2 bedroom with alot of closets if you want all that random space. Just my advice personally i like to live on the smaller side of things then trying to go big.

I like to entertain, and the majority of the space is for that. Big kitchen, big living room, big 2nd living room for the fun stuffs. Where else is my pool table going to go?!

Plus, I'll have a roomate for the foreseeable future.

[Alecta]

Not that it should change your decision, but looking at mortgage rates from the time you first posted this thread to now on to now makes me a sad panda - from 3.35% up to 4.51%

Not that it should matter that much if you pay it down quick, yadda yadda.

[Shannacore]

Originally Posted by Alecta [You must be logged in to view images. Log in or Register.]

Not that it should change your decision, but looking at mortgage rates from the time you first posted this thread to now on to now makes me a sad panda - from 3.35% up to 4.51%

Not that it should matter that much if you pay it down quick, yadda yadda.

I secured a 3.7% rate. Higher than when I started looking, but not awful.

[Raavak]

3-bedroom houses easier to re-sell. Besides, as a girl, I'm sure she can fill all those empty bedroom's closets with clothes, shoes, stuffed animals, w.e

[Rhambuk]

Originally Posted by Raavak [You must be logged in to view images. Log in or Register.]

3-bedroom houses easier to re-sell. Besides, as a girl, I'm sure she can fill all those empty bedroom's closets with clothes, shoes, stuffed animals, w.e

sex toys...

[MaximiusM]

As long as you don't mind losing money or doing shitloads of manual labor buying a house is great. If you're a lazy penny pincher you can make more money long term by renting.

Calculate your total cost of ownership per month. Subtract rent. Put the difference into long term CD's. Even at the garbage rates you get now you'll be better off than owning a house, which over the last 400 years of property records in the US and UK show, follows inflation almost exactly in the long term.

Also, quality of life factors are important. If you can't afford to buy a house where you want to live rent instead. Homeowners are more likely to have high levels of stress and hypertension and a lot of that is attributed to increased demands (commuting, melo roos, other bullshit) that comes with being a homeowner.

All that said, I do both. I own a house and I rent an apartment and split my time.

[EchoedTruth]

Originally Posted by Raavak [You must be logged in to view images. Log in or Register.]

3-bedroom houses easier to re-sell. Besides, as a girl, I'm sure she can fill all those empty bedroom's closets with clothes, shoes, stuffed animals, w.e

I think you're mistaking women from the 80s for women now pal

[Malice_Mizer]

Originally Posted by EchoedTruth [You must be logged in to view images. Log in or Register.]

I think you're mistaking women from the 80s for women now pal

I'm sure plenty of women from the 80's are still around.

Point still stands: women stockpile sex toys.

[CrazyHorse]

Originally Posted by Thulack [You must be logged in to view images. Log in or Register.]

Way more house then a 20-something single girl that never wants kids needs. Get a 1-2 bedroom with alot of closets if you want all that random space. Just my advice personally i like to live on the smaller side of things then trying to go big.

She needs space for her cats.

[Raavak]

Originally Posted by Malice_Mizer [You must be logged in to view images. Log in or Register.]

I'm sure plenty of women from the 80's are still around.

Point still stands: women stockpile sex toys.

I'm more of a '90s guy, but point taken~