I’m too old to own a home

[scaredyclassic]

3 kids. i would guess that a large percentage of the people who own free and clear inherited the place. maybe 1/3 ? and that the rate of people paying off their mortagges to the end has to be declining rapidly. not that this necessarily means anything significant. except that it goes to the issue of whther people are actually owning homes, which, really, may not matter.

it is a part of people’s identity. people i know who are “losing” their recently purchased homes with little down feel distress at having to be “renters”. why?

they lost their lottery ticket?

they lost something. some part of being int he game.

they certainly didn’t lose “their” house…

notthat im any better than them. i ahve the same dumb irrational mindset but in an inverted way…. I am so pleased with my newfound several year pride in being a renter (afetr a whole lifetimeof feeling kinda sheepish about it) that it kinda pains me a little to give it up. it’s like it’s currently my badge of honor, my haha, I’m smart, I zig when others zag kinda badge. not that im really smarter or doing muuch better, at least not anymore than homedebtors arereally homeowners. it’s just a goofy little piece of identity that id have to give up if i bought a house. whichit’s almost inevitable that i do,sitting onabunch of cash witha wife who wantsa house and varioussmall fry and a stable job and well, all the factors that make it slightly amazing actuarially that i don’t actuallyalready havea 30 year mortgage.

[temeculaguy]

Cbad, that is awesome, paid off at 34, the world will be your oyster, once you pay off, buy your first rental, remind your husband that lou gherig is the second luckiest guy on earth and Mr. Cabd is the first. Please tell me you have an older sister who is divorced and semi-desperate with a weakness for middle aged humorists, even if you have to lie to me.

Former owner, welcome to my hood brother, keep in mind the shorts can get frustrating and the repos aren’t all ready for prime time. Mine was in shambles, water main cut, doorknobs taken, closet doors, light fixtures, window treatments, screens, the price is nice but prepared to be more well known at home depot than norm was at cheers. i also like your style, it isnt about whether the game is rigged it’s about whether you can find your niche and outsmart the riggers, let your realtor know I approved, I like to think my approval is still required for admittance into the city.

scardey, seriously, true ownership is possible and should be your plan A. Buy less than you can afford and it will come much quicker than you think, if you learn anything from the boards or the sentiment today, underleveraging is the new black. Inflation will rear it’s head at some point, position yourself to be as immune as possible. Be like Cbad, after december do you think she will worry about gas or milk going up a buck a gallon, you don’t have to hit a homer but at least aim for the fences for christs sake.

[temeculaguy]

Cbad, that is awesome, paid off at 34, the world will be your oyster, once you pay off, buy your first rental, remind your husband that lou gherig is the second luckiest guy on earth and Mr. Cabd is the first. Please tell me you have an older sister who is divorced and semi-desperate with a weakness for middle aged humorists, even if you have to lie to me.

Former owner, welcome to my hood brother, keep in mind the shorts can get frustrating and the repos aren’t all ready for prime time. Mine was in shambles, water main cut, doorknobs taken, closet doors, light fixtures, window treatments, screens, the price is nice but prepared to be more well known at home depot than norm was at cheers. i also like your style, it isnt about whether the game is rigged it’s about whether you can find your niche and outsmart the riggers, let your realtor know I approved, I like to think my approval is still required for admittance into the city.

scardey, seriously, true ownership is possible and should be your plan A. Buy less than you can afford and it will come much quicker than you think, if you learn anything from the boards or the sentiment today, underleveraging is the new black. Inflation will rear it’s head at some point, position yourself to be as immune as possible. Be like Cbad, after december do you think she will worry about gas or milk going up a buck a gallon, you don’t have to hit a homer but at least aim for the fences for christs sake.

[temeculaguy]

Cbad, that is awesome, paid off at 34, the world will be your oyster, once you pay off, buy your first rental, remind your husband that lou gherig is the second luckiest guy on earth and Mr. Cabd is the first. Please tell me you have an older sister who is divorced and semi-desperate with a weakness for middle aged humorists, even if you have to lie to me.

Former owner, welcome to my hood brother, keep in mind the shorts can get frustrating and the repos aren’t all ready for prime time. Mine was in shambles, water main cut, doorknobs taken, closet doors, light fixtures, window treatments, screens, the price is nice but prepared to be more well known at home depot than norm was at cheers. i also like your style, it isnt about whether the game is rigged it’s about whether you can find your niche and outsmart the riggers, let your realtor know I approved, I like to think my approval is still required for admittance into the city.

scardey, seriously, true ownership is possible and should be your plan A. Buy less than you can afford and it will come much quicker than you think, if you learn anything from the boards or the sentiment today, underleveraging is the new black. Inflation will rear it’s head at some point, position yourself to be as immune as possible. Be like Cbad, after december do you think she will worry about gas or milk going up a buck a gallon, you don’t have to hit a homer but at least aim for the fences for christs sake.

[temeculaguy]

Cbad, that is awesome, paid off at 34, the world will be your oyster, once you pay off, buy your first rental, remind your husband that lou gherig is the second luckiest guy on earth and Mr. Cabd is the first. Please tell me you have an older sister who is divorced and semi-desperate with a weakness for middle aged humorists, even if you have to lie to me.

Former owner, welcome to my hood brother, keep in mind the shorts can get frustrating and the repos aren’t all ready for prime time. Mine was in shambles, water main cut, doorknobs taken, closet doors, light fixtures, window treatments, screens, the price is nice but prepared to be more well known at home depot than norm was at cheers. i also like your style, it isnt about whether the game is rigged it’s about whether you can find your niche and outsmart the riggers, let your realtor know I approved, I like to think my approval is still required for admittance into the city.

scardey, seriously, true ownership is possible and should be your plan A. Buy less than you can afford and it will come much quicker than you think, if you learn anything from the boards or the sentiment today, underleveraging is the new black. Inflation will rear it’s head at some point, position yourself to be as immune as possible. Be like Cbad, after december do you think she will worry about gas or milk going up a buck a gallon, you don’t have to hit a homer but at least aim for the fences for christs sake.

[temeculaguy]

Cbad, that is awesome, paid off at 34, the world will be your oyster, once you pay off, buy your first rental, remind your husband that lou gherig is the second luckiest guy on earth and Mr. Cabd is the first. Please tell me you have an older sister who is divorced and semi-desperate with a weakness for middle aged humorists, even if you have to lie to me.

Former owner, welcome to my hood brother, keep in mind the shorts can get frustrating and the repos aren’t all ready for prime time. Mine was in shambles, water main cut, doorknobs taken, closet doors, light fixtures, window treatments, screens, the price is nice but prepared to be more well known at home depot than norm was at cheers. i also like your style, it isnt about whether the game is rigged it’s about whether you can find your niche and outsmart the riggers, let your realtor know I approved, I like to think my approval is still required for admittance into the city.

scardey, seriously, true ownership is possible and should be your plan A. Buy less than you can afford and it will come much quicker than you think, if you learn anything from the boards or the sentiment today, underleveraging is the new black. Inflation will rear it’s head at some point, position yourself to be as immune as possible. Be like Cbad, after december do you think she will worry about gas or milk going up a buck a gallon, you don’t have to hit a homer but at least aim for the fences for christs sake.

[Oxford]

Dude. Thinking is good. Overthinking is not so good. Just buy a house. There are great deals now and rates are low. Or wait until Fall like most of us.

Sure there is plenty to debate regarding renting or purchasing a home. That’s another topic.

You said you really want to purchase a home. Do it. I made a ton of money selling my LCV home purchased in 2000. Great tax write offs. Landscaped how I liked it and not have to deal with a landlord.

I am 56 and plan to buy a home in Escondido-Bonsall-Vista with land and views. Getting a 15-year loan and plan to hammer it down in half that time. Then live in it forever.

It’s all about deciding what you really want and doing it. Keep asking questions and checking your heart for what you and your family want. Write out the pros and cons.

There is no answer that is best for everyone.

Good luck

OX
…life coach

[Oxford]

Dude. Thinking is good. Overthinking is not so good. Just buy a house. There are great deals now and rates are low. Or wait until Fall like most of us.

Sure there is plenty to debate regarding renting or purchasing a home. That’s another topic.

You said you really want to purchase a home. Do it. I made a ton of money selling my LCV home purchased in 2000. Great tax write offs. Landscaped how I liked it and not have to deal with a landlord.

I am 56 and plan to buy a home in Escondido-Bonsall-Vista with land and views. Getting a 15-year loan and plan to hammer it down in half that time. Then live in it forever.

It’s all about deciding what you really want and doing it. Keep asking questions and checking your heart for what you and your family want. Write out the pros and cons.

There is no answer that is best for everyone.

Good luck

OX
…life coach

[Oxford]

Dude. Thinking is good. Overthinking is not so good. Just buy a house. There are great deals now and rates are low. Or wait until Fall like most of us.

Sure there is plenty to debate regarding renting or purchasing a home. That’s another topic.

You said you really want to purchase a home. Do it. I made a ton of money selling my LCV home purchased in 2000. Great tax write offs. Landscaped how I liked it and not have to deal with a landlord.

I am 56 and plan to buy a home in Escondido-Bonsall-Vista with land and views. Getting a 15-year loan and plan to hammer it down in half that time. Then live in it forever.

It’s all about deciding what you really want and doing it. Keep asking questions and checking your heart for what you and your family want. Write out the pros and cons.

There is no answer that is best for everyone.

Good luck

OX
…life coach

[Oxford]

Dude. Thinking is good. Overthinking is not so good. Just buy a house. There are great deals now and rates are low. Or wait until Fall like most of us.

Sure there is plenty to debate regarding renting or purchasing a home. That’s another topic.

You said you really want to purchase a home. Do it. I made a ton of money selling my LCV home purchased in 2000. Great tax write offs. Landscaped how I liked it and not have to deal with a landlord.

I am 56 and plan to buy a home in Escondido-Bonsall-Vista with land and views. Getting a 15-year loan and plan to hammer it down in half that time. Then live in it forever.

It’s all about deciding what you really want and doing it. Keep asking questions and checking your heart for what you and your family want. Write out the pros and cons.

There is no answer that is best for everyone.

Good luck

OX
…life coach

[Oxford]

Dude. Thinking is good. Overthinking is not so good. Just buy a house. There are great deals now and rates are low. Or wait until Fall like most of us.

Sure there is plenty to debate regarding renting or purchasing a home. That’s another topic.

You said you really want to purchase a home. Do it. I made a ton of money selling my LCV home purchased in 2000. Great tax write offs. Landscaped how I liked it and not have to deal with a landlord.

I am 56 and plan to buy a home in Escondido-Bonsall-Vista with land and views. Getting a 15-year loan and plan to hammer it down in half that time. Then live in it forever.

It’s all about deciding what you really want and doing it. Keep asking questions and checking your heart for what you and your family want. Write out the pros and cons.

There is no answer that is best for everyone.

Good luck

OX
…life coach

[Allan from Fallbrook]

[quote=Oxford]Dude. Thinking is good. Overthinking is not so good. Just buy a house. There are great deals now and rates are low. Or wait until Fall like most of us.

Sure there is plenty to debate regarding renting or purchasing a home. That’s another topic.

You said you really want to purchase a home. Do it. I made a ton of money selling my LCV home purchased in 2000. Great tax write offs. Landscaped how I liked it and not have to deal with a landlord.

I am 56 and plan to buy a home in Escondido-Bonsall-Vista with land and views. Getting a 15-year loan and plan to hammer it down in half that time. Then live in it forever.

It’s all about deciding what you really want and doing it. Keep asking questions and checking your heart for what you and your family want. Write out the pros and cons.

There is no answer that is best for everyone.

Good luck

OX
…life coach[/quote]

OX: You hit the nail on the head: “Over analysis leads to paralysis”. Or, as the Army used to put it in their inimitable fashion: “A bad decision is better than no decision”.

Ultimately, your house purchase should simply be the place you want to live and you should enjoy living there. Yes, do your homework by all means, but you can wind up parsing the numbers in an unending search for the “perfect” scenario. Hint: It doesn’t exist.

We bought a 3,350sf custom built on 1.2ac in Fallbrook in 2003 for $425k. My reasoning was that we were paying about $105sf for the house and the balance on the land, and I didn’t see the value falling below that number, even in really bad times. Was I right? I don’t know. I hope I was, but time will tell. The point is, you have to make your best guess and then pull the trigger. I’ll tell you this: I love this place and I love the community. My family is happy and that counts for far more than getting the math right.

[Allan from Fallbrook]

[quote=Oxford]Dude. Thinking is good. Overthinking is not so good. Just buy a house. There are great deals now and rates are low. Or wait until Fall like most of us.

Sure there is plenty to debate regarding renting or purchasing a home. That’s another topic.

You said you really want to purchase a home. Do it. I made a ton of money selling my LCV home purchased in 2000. Great tax write offs. Landscaped how I liked it and not have to deal with a landlord.

I am 56 and plan to buy a home in Escondido-Bonsall-Vista with land and views. Getting a 15-year loan and plan to hammer it down in half that time. Then live in it forever.

It’s all about deciding what you really want and doing it. Keep asking questions and checking your heart for what you and your family want. Write out the pros and cons.

There is no answer that is best for everyone.

Good luck

OX
…life coach[/quote]

OX: You hit the nail on the head: “Over analysis leads to paralysis”. Or, as the Army used to put it in their inimitable fashion: “A bad decision is better than no decision”.

Ultimately, your house purchase should simply be the place you want to live and you should enjoy living there. Yes, do your homework by all means, but you can wind up parsing the numbers in an unending search for the “perfect” scenario. Hint: It doesn’t exist.

We bought a 3,350sf custom built on 1.2ac in Fallbrook in 2003 for $425k. My reasoning was that we were paying about $105sf for the house and the balance on the land, and I didn’t see the value falling below that number, even in really bad times. Was I right? I don’t know. I hope I was, but time will tell. The point is, you have to make your best guess and then pull the trigger. I’ll tell you this: I love this place and I love the community. My family is happy and that counts for far more than getting the math right.

[Allan from Fallbrook]

[quote=Oxford]Dude. Thinking is good. Overthinking is not so good. Just buy a house. There are great deals now and rates are low. Or wait until Fall like most of us.

Sure there is plenty to debate regarding renting or purchasing a home. That’s another topic.

You said you really want to purchase a home. Do it. I made a ton of money selling my LCV home purchased in 2000. Great tax write offs. Landscaped how I liked it and not have to deal with a landlord.

I am 56 and plan to buy a home in Escondido-Bonsall-Vista with land and views. Getting a 15-year loan and plan to hammer it down in half that time. Then live in it forever.

It’s all about deciding what you really want and doing it. Keep asking questions and checking your heart for what you and your family want. Write out the pros and cons.

There is no answer that is best for everyone.

Good luck

OX
…life coach[/quote]

OX: You hit the nail on the head: “Over analysis leads to paralysis”. Or, as the Army used to put it in their inimitable fashion: “A bad decision is better than no decision”.

Ultimately, your house purchase should simply be the place you want to live and you should enjoy living there. Yes, do your homework by all means, but you can wind up parsing the numbers in an unending search for the “perfect” scenario. Hint: It doesn’t exist.

We bought a 3,350sf custom built on 1.2ac in Fallbrook in 2003 for $425k. My reasoning was that we were paying about $105sf for the house and the balance on the land, and I didn’t see the value falling below that number, even in really bad times. Was I right? I don’t know. I hope I was, but time will tell. The point is, you have to make your best guess and then pull the trigger. I’ll tell you this: I love this place and I love the community. My family is happy and that counts for far more than getting the math right.

[Allan from Fallbrook]

[quote=Oxford]Dude. Thinking is good. Overthinking is not so good. Just buy a house. There are great deals now and rates are low. Or wait until Fall like most of us.

Sure there is plenty to debate regarding renting or purchasing a home. That’s another topic.

You said you really want to purchase a home. Do it. I made a ton of money selling my LCV home purchased in 2000. Great tax write offs. Landscaped how I liked it and not have to deal with a landlord.

I am 56 and plan to buy a home in Escondido-Bonsall-Vista with land and views. Getting a 15-year loan and plan to hammer it down in half that time. Then live in it forever.

It’s all about deciding what you really want and doing it. Keep asking questions and checking your heart for what you and your family want. Write out the pros and cons.

There is no answer that is best for everyone.

Good luck

OX
…life coach[/quote]

OX: You hit the nail on the head: “Over analysis leads to paralysis”. Or, as the Army used to put it in their inimitable fashion: “A bad decision is better than no decision”.

Ultimately, your house purchase should simply be the place you want to live and you should enjoy living there. Yes, do your homework by all means, but you can wind up parsing the numbers in an unending search for the “perfect” scenario. Hint: It doesn’t exist.

We bought a 3,350sf custom built on 1.2ac in Fallbrook in 2003 for $425k. My reasoning was that we were paying about $105sf for the house and the balance on the land, and I didn’t see the value falling below that number, even in really bad times. Was I right? I don’t know. I hope I was, but time will tell. The point is, you have to make your best guess and then pull the trigger. I’ll tell you this: I love this place and I love the community. My family is happy and that counts for far more than getting the math right.

[Author]

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