The Official Homeowners Thread

[Hiphoplives4eva]

You doing it yourself or paying someone? I started calculating all the upgrades I wanna get done to my house and

You can really sink a lot of money into a house if you OD on shyt.

Slow and steady wins the race. Just do a little when you can. Over time it accumulates

 

[Mr swag]

Can we get cliff notes?

This is 30 pages deep with 50 post a page. I can't read all of it

 

[thaKEAF]

I need to read through this thread. I've been wanting to find a home to fix up and live in and I want to make a serious push to do so in 2017. I live in the Atlanta area and real estate is relatively cheaper here than in most parts of the country.

My homie caught a lick in the A in 2012. He paid 50k for a foreclosure that was move in ready, it's worth almost twice that now.

 

[thaKEAF]

Can we get cliff notes?

This is 30 pages deep with 50 post a page. I can't read all of it

I just started going through this thread in April and it guided me to buying my house this month.

I'll say first pay down your credit cards as much as possible, make sure your score is in the mid to high 600s at mininum for a better rate, don't make any big changes to your credit during the process, have a decent amount of cash saved up, search for grants for first time homebuyers, apply for an fha loan if you want to lower your down payment, don't go for the huge house that will eat up your income if you can't afford it, always pay for the home inspection I can't believe theres some people who don't, get the seller to pay some of the closing costs and also get them to put a home warranty in the contract. I used QuickenLoans they were thoro as hell throughout the entire process. Make sure your paperwork as far as w2s, tax returns and bank statements are legit. Drop your real estate agent if they aren't grinding to find you something and get it done. My homies agent was bullshytting and it took months to close, my lady was going hard and we closed in a month.

 

[Mr swag]

I just started going through this thread in April and it guided me to buying my house this month.

I'll say first pay down your credit cards as much as possible, make sure your score is in the mid to high 600s at mininum for a better rate, don't make any big changes to your credit during the process, have a decent amount of cash saved up, search for grants for first time homebuyers, apply for an fha loan if you want to lower your down payment, don't go for the huge house that will eat up your income if you can't afford it, always pay for the home inspection I can't believe theres some people who don't, get the seller to pay some of the closing costs and also get them to put a home warranty in the contract. I used QuickenLoans they were thoro as hell throughout the entire process. Make sure your paperwork as far as w2s, tax returns and bank statements are legit. Drop your real estate agent if they aren't grinding to find you something and get it done. My homies agent was bullshytting and it took months to close, my lady was going hard and we closed in a month.

how much should be saved?

 

[muzikfrk75]

I just started going through this thread in April and it guided me to buying my house this month.

I'll say first pay down your credit cards as much as possible, make sure your score is in the mid to high 600s at mininum for a better rate, don't make any big changes to your credit during the process, have a decent amount of cash saved up, search for grants for first time homebuyers, apply for an fha loan if you want to lower your down payment, don't go for the huge house that will eat up your income if you can't afford it, always pay for the home inspection I can't believe theres some people who don't, get the seller to pay some of the closing costs and also get them to put a home warranty in the contract. I used QuickenLoans they were thoro as hell throughout the entire process. Make sure your paperwork as far as w2s, tax returns and bank statements are legit. Drop your real estate agent if they aren't grinding to find you something and get it done. My homies agent was bullshytting and it took months to close, my lady was going hard and we closed in a month.

Also make sure your lender is grinding and knows what he/she is doing.

 

[thaKEAF]

how much should be saved?

It depends on how much house you're looking for and if you're trying to avoid Mortgage Insurance. It only took us around $5800 to close.

 

[↓R↑LYB]

Slow and steady wins the race. Just do a little when you can. Over time it accumulates

That's what I've been doing breh, knocking it out little by little. Plus I've been doing some of the smaller shyt myself. Lately I've been just mad lazy and not wanting to do shyt

I did get my PJ setup in my basement. I forgot how dope a PJ is

I need to paint the ceiling black, that glare is a beast.

 

[thaKEAF]

What's a good neutral paint color? Getting my den painted on Sunday and I'm stumped.

 

[newarkhiphop]

fukk Xmas lights

 

[JerkPork]

fukk Xmas lights

You aint got you one of these?

 

[Egomaniacal1]

This thread is severely lacking NUMBERS.

How was yall's home purchase price? How much y'all put down? What rate y'all got on the mortgage? What them mortgage payments looking like and for how long?

 

[UserNameless]

You aint got you one of these?

Them shyts are everywhere. .. just fukkin up jobs. ... but shyt, the traditional lights are probably made in China anyway .

 

[Orange cream shake]

Plan ahead just in case your mortgage payment goes up because your taxes and insurance goes up. If you can't afford for your payment to go up several hundreds of dollars then you can't afford the house.

 

[Reid2Achieve]

Closing on a home in Alpharetta/Johns Creek (Atlanta) area in 2 weeks. First time home buyer @ 28. Feels good brehs