The Official Homeowners Thread

[beenz]

Whats good with them 0% down VA mortgages, I aint paying shyt if it aint necessary in this economy

if you can get a VA loan, then it's a good deal IMO. keep ur cash in ur pocket if possible. I'd rather pay 0% down than 3.5% or 5%. in either scenario, you're paying PMI anyways.

 

[Spence]

Back in 09 they were basically giving away houses after the housing bubble burst. We got an $8k check for the first time home buyers credit which bought all of our appliances with an additional $2k or so to spare. We went and got everything at a Sears scratch and dent and 7 years later every appliance we got from there hasnt given us a single problem (knock on wood). I sold our spare car for the down payment ($3k) and it was a short sale which actually means the opposite since we had to wait nearly 4 months for the bank to approve the foreclosure sale. The market was terrible for sellers back then and the bank wanted to move it quickly so we put in the offer 2 days after it hit the market and locked it down asap.

 

[h2o_proof]

Back in 09 they were basically giving away houses after the housing bubble burst. We got an $8k check for the first time home buyers credit which bought all of our appliances with an additional $2k or so to spare. We went and got everything at a Sears scratch and dent and 7 years later every appliance we got from there hasnt given us a single problem (knock on wood). I sold our spare car for the down payment ($3k) and it was a short sale which actually means the opposite since we had to wait nearly 4 months for the bank to approve the foreclosure sale. The market was terrible for sellers back then and the bank wanted to move it quickly so we put in the offer 2 days after it hit the market and locked it down asap.

 

[Mr210]

at this point I have no interest in owning a house, Im fine with renting I know get hell for it but hey its my decision

 

[intruder]

Always make sure some money is set aside for home repairs. Theres ALWAYS something small that needs to be done

Im learning this. I hate it. I grew up in houses and never knew my parents were dealing with so much sh!t. When i moved out my parents houses i rented apartments and townhome.

Never knew homeownership was such a pain. I just hope the tax benefits are worth it

 

[Mr210]

but I find the info in here very interesting

 

[intruder]

I used to be a (bad guy) but instead of
buying cars,jewlery and dumb shyt my uncles
sat me down and gave me the game on real estate.
aint looked back since....
I live in one,got my mama tucked away for the rest of
her life rent and bill free in one,got one that i use to store
drywall,paint and bullshyt where i chill and rent out
the other 5.
i'm thinking about rushing gas station/mini mart.

Wish i could do the same. I just need the capital to invest

 

[ultraflexed]

All money has to be accounted for....you know that right?

They comb thru your finances

 

[ultraflexed]

Hey, remember a lot of up an coming cities with new development, the city has first time home buyer programs where they provide down payment and closing cost.

There's also the USDA loan program which is solid.

 

[intruder]

your father's a cop so i'm not
gonna answer any of your questions.

 

[-G$-]

mortgage rates going even lower , just got a note from wells and my co worker got an email from bofa

gonna have to run some numbers and see if an 1/8 is worth the closing costs

 

[Kuwka_Atcha_Ratcha]

If there isn't one already?

Just recently purchased one and just looking for tips and advice. Lived in an apartment my whole life so I know absolutely nothing as far as do's and dont's

we shouldda been had this thread,

 

[Kuwka_Atcha_Ratcha]

been a home owner for 10 years, best advice i can give is you can never waste money upgrading your home. Most of my disposable money goes into my home,

 

[Kuwka_Atcha_Ratcha]

I totally disagree, I believe you should not buy a house until your married or very financially stable. Being married will add another income=bigger down payment=bigger house.

terrible advice

anyone smart would buy a house first. you need something that is YOURS AND YOURS only.

if you believe in marriage for whatever reason, then buy a 2nd home as the martial home.

 

[Kuwka_Atcha_Ratcha]

What the house looked like when we bought it, no flow, oversized furniture and tv and a shytty baby puke green color throughout the entire house, also changed out the crappy stained berber carpet for wood.

Changed out all of the appliances and lighting among other things

We have a diff table and chair setup to match the rest of the black furniture, I need to take a new set of pics of the progress.

We added benches near that table in the middle so it looks a little diff now.

Reorganized and added a shelving system, I now have a tool box to put all my shyt in along with a shop vac mounted to the wall

Most of this was done via YoutubeUniversity.com

tv is way to high homie. but nice house