my moms bought her 1st home.

[Hijo de luna]

$300k gets you a pretty nice house here in AR.

Irrevocable Trust... look into it.

 

[Sunalmighty]

don't forget to chip in when she needs home improvements and renovations

she shouldn't need them house is being built from the ground up. she should be good

 

[OfTheCross]

she 66 years old. retired in California and relocated back home to Arkansas. paid 306k, made a down payment and got it down to 257k. no PMI. she went through Dr. Horton. they gave her 15k towards interest buydown which ended up being 5.2. they also will pay her fees when she refinances. I'm happy for her. 10 year warranty. 1800 monthly.

Damn. That's beautiful. Congrats to her

 

[bourgeoisie tall freak]

she shouldn't need them house is being built from the ground up. she should be good

my house was only ten years old when i bought it. for a lot of people renovations aren't a need, it's a want lol

 

[Mac Brown]

I'm too old for that fam. Turned 45 today

Congrats to your mom breh. We around the same age. My mom bought her house and paid it off early. Now that she is 63. I help out with her repairs as well as my own house. Be prepared

 

[Giselle]

she 66 years old. retired in California and relocated back home to Arkansas. paid 306k, made a down payment and got it down to 257k. no PMI. she went through Dr. Horton. they gave her 15k towards interest buydown which ended up being 5.2. they also will pay her fees when she refinances. I'm happy for her. 10 year warranty. 1800 monthly.

Congrats, but that’s kinda sad.

What did you live in when she was raising you?

 

[Pegasus Jackson]

Worst market ever to buy a house buy hey...

How much does she in social security and how much does she have saved up (401k etc)?

Is she gonna be struggling? $1800 in Arkansas is ungodly.

 

[maxamusa]

Amen

 

[maxamusa]

Congrats, but that’s kinda sad.

What did you live in when she was raising you?

Theres always one


tempted to neg NGl.

 

[RehReh]

Theres always one


tempted to neg NGl.

Those

'And did u have running water?'
Tone of posts

 

[Sunalmighty]

Congrats, but that’s kinda sad.

What did you live in when she was raising you?

Renting a house. My mother could have made a move 20 years earlier but she was always afraid to step out and just do it. Lack of faith

 

[diggy]

I hope she enjoys her new home, congrats.

 

[Sunalmighty]

Worst market ever to buy a house buy hey...

How much does she in social security and how much does she have saved up (401k etc)?

Is she gonna be struggling? $1800 in Arkansas is ungodly.

When I bought my first house, my interest rate was 5.5 and I refinanced down to 4.5. she is locked in at 5.2, and thats a result of them giving her 15k to buy down the rate and when she refinances they pay all the lender fees. Moms got bread, not worried. She got a good deal.