My husband and I are 26 & 27 years old. He has a great job and makes great money. We have been married for over 7 years and have 3 children. I think we are fortunate enough to be able to buy a home WITHIN OUR MEANS but we have family members that are telling us that they feel we are rushing into this. We have been cramped in a rental house under 1000 s.f. for over 2 years. I love to plant flowers and paint and decorate but I can't do that here because anything I do is fixing it up for someone else. Are we too young to be wanting to buy a home for ourselves ?
Answer by toddsruby at 11:07 PM on Oct. 26, 2008
Answer by iloveyall2008 at 6:57 PM on Oct. 26, 2008
Answer by Anonymous at 6:57 PM on Oct. 26, 2008
Ha! I'm 22 my husband is 23 and we just bought our first house on 120 acres of land for only $250,000.00. We got a VA loan because my husband is a veteran.
You're NEVER too young to invest in your future! If it takes you 20 years to pay off a loan you'll only be 46 and you'll COMPLETELY own your own place! Mortgage free! How couls THAT be bad?
Answer by AvasMommy810 at 6:57 PM on Oct. 26, 2008
Answer by AvasMommy810 at 6:58 PM on Oct. 26, 2008
Answer by kayleighsmom110 at 7:03 PM on Oct. 26, 2008
Answer by pagan_mama at 7:04 PM on Oct. 26, 2008
If you retire at 55 you'll have ten years to put all of the money that you are saving from not paying mortgage into your retirement fund. At only $1,000.00/month for ten years that is $120,000.00 extra in your retirement fund!
Answer by AvasMommy810 at 7:05 PM on Oct. 26, 2008
Answer by manna1qd at 7:08 PM on Oct. 26, 2008
Answer by TexasStyle at 7:09 PM on Oct. 26, 2008