Yup.
Was a good day. Small wedding, but turned out awesome and the bar we chose for the reception absolutely knocked our socks off with the food.
On the flip side, we went to look at an awesome house in a nice quiet town not far from where I grew up and left disappointed. They wanted $260,000 for a 1600 square foot home all redone, which in todays market seemed like a great deal, but the interest rate at 6% and taxes around 4k a year meant we'd be shelling out like $1985 a month on an FHA loan.
So, it looks like my fears were correct. Time to start parting with stuff. The trucks first.
Congratulations and best wishes!
Congratulations, and I'm a home inspector, so if you need any help or advice, lemme know :cheers:
Well congrats! :clap:
Congrats on the marriage!
Beg, borrow, steal, but get a traditional loan. Even if you can't make 20% down you are still better off even if you have to pay PMI, which you will if you can't make 20%. At least with the traditional loan, PMI cancels at a certain point, with an FHA loan, PMI is for the life of the loan.
Unfortunately the market is nuts right now. With interest rates on the upswing the market is cooling, so prices aren't as bad as they were, but you pay for it in interest anyways. Good luck out there!
Congrats, and I hope the marriage is even better than the wedding. I paid 8.5% on a VA loan in the 70s, the house sold in the late 70s when the rates on VA and FHA hovered around 14.5%. Bought land with cash from the sale and built on credit union and family loans, then a second house on more credit union loans that we paid off in 2000. SMALL apartments in Knoxville are going for $1600 a month. So much better to pay for your own home than make someone else's payment!
Congratulations!!!
Congratulations :thumbs: :thumbs: :patriot:
I'm happy for ya! Keep talking with her; communication is key.
Quote from: pidjones on June 06, 2022, 02:08:28 PM
Congrats, and I hope the marriage is even better than the wedding. I paid 8.5% on a VA loan in the 70s, the house sold in the late 70s when the rates on VA and FHA hovered around 14.5%. Bought land with cash from the sale and built on credit union and family loans, then a second house on more credit union loans that we paid off in 2000. SMALL apartments in Knoxville are going for $1600 a month. So much better to pay for your own home than make someone else's payment!
I have 3 rental houses in Maryville. I'm bombarded by phone calls all day long about availability and if they are for sale. 95% of the callers are from the left coast!! commonly referred to as California. Buyers are offering almost double the value. :umm: :umm:
Congrats!! :thumbs: :clap:
Congratulations, hang onto the motorcycles!
Congratulations!
Be glad you're not looking in California. You'd be looking at triple that or more :sad:
Congrats! In my neck of the PNW starter homes are over 400K, and they're not much to look at.
Quote from: dgorms on June 06, 2022, 07:07:31 PM
Congrats! In my neck of the PNW starter homes are over 400K, and they're not much to look at.
Yup, same down here in Portland.
Congratulations Matt. Best wishes for a happy life.
Congrats! Wishing you many happy years ahead :cheers:
(Don't sell any cherished vehicles if you can avoid it. Otherwise you'll have regrets down the road!) :twocents:
Quote from: JBeasty on June 06, 2022, 06:41:06 PM
Be glad you're not looking in California. You'd be looking at triple that or more :sad:
$700K-$800K is a fixer, starter home (or a tear down). The median home in my county is $1M+ :busey:
Congratulations to you!
Congrats and may you both live happily together for a very long time in good health! I sincerely hope you never have to part with the 250, I think you went over the top with it but did such a great job on her in every aspect, she's yours! As far as owning your home I wish I could add some wise advice , I can't (I've been single for so long that it will never change and never moved out of Ma's place and I kinda like it like that,LOL...I got my freedom dammit)but I will say something similar to what I read in a previous post...about 400k here in Gloucester, Ma. for similar size single family homes but I guess that's relative to the area/real estate market.
P.S.-not that it matters but I live alone in a old run down house on a beautiful piece of wooded property that Ma owns. We talked about renovating ourselves before all the craziness of this world the past couple years and now personally I think we're a day late and a dollar short. She lives close by and in a sense my family is kinda tight in that regard. My ma and her husband take care of my sister and my niece and nephew and eventually I will probably help take care of em all. Well I dunno about taking care of them but being fiscally responsible and maintain a good home for all of us. I dated women for years some were great and some were forgettable none were keepers and the older I get the more focused/ self absorbed I guess I am. Relationships aren't in the cards for everybody. It's my :toot: today and at 48 I can be OK with all that. I do reserve the right to hopefully meet someone special and to that effect I will say to all of you that have a "better half" I love it!...wish you all the best! Happy wife happy life as they say. :whistle:
Congrats!
my bike count went up when i got married. :dawg: My wife is an enabler. lol. you'll regret selling it. and as far as housing it wont help that much dollars to donuts at end of day. .02
Yea the truck can go. Gas is over $5 and that payment can go right towards the house anyway. The RD is not going away haha. Wife told me hell no, don't sell it. The GT750 might just have to go. But, we'll see.
Quote from: Striker1423 on June 08, 2022, 11:34:49 AM
Yea the truck can go. Gas is over $5 and that payment can go right towards the house anyway. The RD is not going away haha. Wife told me hell no, don't sell it. The GT750 might just have to go. But, we'll see.
Does she like riding pillion with you? My wife loves to ride back there. Some want their own, some like to have unrestricted sight-seeing (and napping).
Congrats, when I got married in '85 our fixer-upper house was $43.5K but the mortgage rate was 10%