I bought my first home tonight!

Dang dude, congrats!. I can't even imagine when I'll be financially set to OWN a house yet. Such a big leap in life...I await the time that I'll reach that stage.

 

congratulations!!!

would love to see pics

 

Congratulations on the house, cr2sh! That is definitely good news.

Can't wait for the pictures.

 

Wow, that's really great. There's no feeling quite like spending that first night in your very own home. Looks like a great place to hang your hat.
My guess is that aa house like that would go for around $90,000 in the city here, and quite a bit more in the county where we live, maybe as much as $200,000 depending on the land.

 

Great Investment

Sweet. Good job. Real estate is doing better than the stock market - and it's not doing bad. I bought a condo here in Fort Myers 3 years ago for $63,000. One just sold (same unit number as mine) last month for $150,000 Heh, until I'm done paying child support (that will be a while) I couldn't even afford to live here by todays prices!

Enjoy your new place

 

haha um not to sound dumb but that is a "cute" looking house

im jealous

 

congrats! there's nothing quite like buying your first home...and the quesy feeling you get when you start signing all the loan docs.

i'm a big fan of old homes, my wife and i looked for almost a year to find one that was in decent condition and hadn't been reMUDDled... those builtins look nice.

and for only 65k! i envy your mortgage payment. btw, for a loan that size i'd do a 15 year note...should be around $375/month.

 

$65K???? for a 2500 square foot house? I live in Los Angeles and I bought my townhouse last year for 5 times that much and its only 1900 square feet. Imagine how many Apple computers I could have bought if houses around here cost that little...

 

No kidding. It would likely be 8-10 times that much here. My 1700 square foot cape, in need of much work, cost seven times as much two years ago.

Edit: can't believe I forgot this: Congrats! It's a wonderful feeling - and don't worry if it seems everything is about to fall apart 10 minutes before closing. It always seems that way, and it rarely turns out anything but well.

 

Congratulations!

There was a time when I was looking at houses in Dayton but felt that the prices had risen terribly. As long as you're satisfied, that's all that matters. Good luck with it.

 

Congrats to you Cr2sh!! Hope the closing goes well and speedily, and that it works out for many many years!

 

Congrats!

You will be the envy of all the rest of us with high cost of houses in our areas. Have to sell mine, long story that I have mentioned before in threads. My TH is now considered low-end on the scale and we are expecting $325k+, up about $25K from just two months ago. Some of us would have to fight the drug dealers to get the same in the DC area.

So just how is the job market in Dayton?

Again congrats. I'll never forget the thrill of buying this place. And it sounds as if you did very well in the deal.

Edit: Forgot to say that it is a 1400 sf "starter home" 25 miles from DC built in the late 70's.

 

Damn, all those prices sound heaps cheap when compared to Toronto (even the 'burbs) or Sydney.

 

the asking price of $65,000 was unheard of? ghack! OMG, that's just not right. Back in DC you really couldn't buy anything for that price.....the land any building was on would be worth far more than that.

But congrats and welcome to the world of home ownership

D

 

Most of us would even settle at twice you paid in our locations.

Hopefully you had a home inspection as part of the contract.

 

WTF?!?!

65 gees? Thats ridiculous. We recently bought a house in Vancouver that is approximately the same size as yours and it was upwards of 800. If I moved down to where you are..wow...I can only imagine the kind of house I could live in

 

FOR REAL! A small condo in the seattle area is almost 250,000-300,000 for 500-800sf. Was there some kind of nuclear fallout that happened there or something?

Edit: Oh for gods sake, you monthly payments will be around $270 if its 6% for 30 years. Thats just disgusting! I stand by my fallout theory.

 

SWEET!!!
That rocks dude. Welcome to home ownership and weekly trips to Home Depot!

It is great to still see some areas that don't have insane pricing hikes. Chip knows what I am talking about.

 

Cool and Congrats, breaking the rent cycle is a good thing.

 

Congrats! My wife and I are looking for our first home.

Prices for houses built in the 1970s at ~1500sqft range from $130,000 to $160,000 here. So you got a killer deal!

With that kind of saving, you could do some serious upgrading.

 

congratulations. I bought my first home not to long ago myself, best decision I have ever made.

 

What a Deal! Nice looking place too. Nothing better than a place to call your own (and the banks).