For those of us that don't currently own a house/co-op/condo when do you anticipate buying? I'm in such a panic thinking about how the majority of our money right now is going towards the wedding. We won't be able to really save for a house until after the wedding. We rent from FH's dad so we have an awesome apartment for what we're paying but I can't help but want to be in my own house asap! When do you girls think you'll be able to buy? Is this a thought on everyone's minds?
def. on my mind.....but i know we wont be able to buy something until after the wedding. even though we pay super cheap rent at this apartment now, all of our money is going towards the wedding. FH also has money set aside that he saves every month for a house also, but we want to use some of the wedding money towards a downpayment too.
Posted by MISSESPINK722
def. on my mind.....but i know we wont be able to buy something until after the wedding. even though we pay super cheap rent at this apartment now, all of our money is going towards the wedding. FH also has money set aside that he saves every month for a house also, but we want to use some of the wedding money towards a downpayment too.
It's ALWAYS on my mind. We can hardly save for the wedding, so theres no saving for a house at the same time. I honestly don't know how people do it?? I'm hoping to find another job soon so I can bring in some extra money that we can put aside, but I feel like the process is going on forever!
hopefully we will be able to buy a house after the wedding and use our money form all of the gifts as a down payment !
Posted by soonT0beMrsD
hopefully we will be able to buy a house after the wedding and use our money form all of the gifts as a down payment !
its definitely on our minds...we are in the process of house hunting!
Posted by MrsDtoBe09
Posted by soonT0beMrsD
hopefully we will be able to buy a house after the wedding and use our money form all of the gifts as a down payment !
Thats what I think we're going to do too but when you think about it, a decent down payment is like $80,000-$100,000... does anyone think they'll be getting that much from their wedding? I sure know I won't be holding my breath for that much money!
Posted by MrsDtoBe09
Posted by soonT0beMrsD
hopefully we will be able to buy a house after the wedding and use our money form all of the gifts as a down payment !
Thats what I think we're going to do too but when you think about it, a decent down payment is like $80,000-$100,000... does anyone think they'll be getting that much from their wedding? I sure know I won't be holding my breath for that much money!
We are going to start looking over the summer....my dad is paying for the wedding so that isn't a stress...but I am scared to death about actually trying to find one we can afford that isnt tiny....it is so tough on the island!
Posted by MISSESPINK722
Posted by MrsDtoBe09
Posted by soonT0beMrsD
hopefully we will be able to buy a house after the wedding and use our money form all of the gifts as a down payment !
Thats what I think we're going to do too but when you think about it, a decent down payment is like $80,000-$100,000... does anyone think they'll be getting that much from their wedding? I sure know I won't be holding my breath for that much money!
of course not lol..thats why after the wedding we stillll need to save![]()
Posted by lookitscassie
i do title insurance ( we issue insurance for the bank stating that no one else owns the propery and there are no issues and whatever) and i see a lot of 100% financing still. or some down payments of 5-10k. it all depends on the banks and what your loan officer can ******** to the bank.
we want to buy a house but just dont think we can afford it right now. hopefully a year after the wedding.
Posted by MISSESPINK722
Posted by lookitscassie
i do title insurance ( we issue insurance for the bank stating that no one else owns the propery and there are no issues and whatever) and i see a lot of 100% financing still. or some down payments of 5-10k. it all depends on the banks and what your loan officer can ******** to the bank.
we want to buy a house but just dont think we can afford it right now. hopefully a year after the wedding.
down payment of 5-10k is def. do-able for us. but we would still wait till after the wedding, since that our #1 savings for right now. but 5-10k sounds great lol
Posted by MrsDtoBe09
Posted by MISSESPINK722
Posted by lookitscassie
i do title insurance ( we issue insurance for the bank stating that no one else owns the propery and there are no issues and whatever) and i see a lot of 100% financing still. or some down payments of 5-10k. it all depends on the banks and what your loan officer can ******** to the bank.
we want to buy a house but just dont think we can afford it right now. hopefully a year after the wedding.
down payment of 5-10k is def. do-able for us. but we would still wait till after the wedding, since that our #1 savings for right now. but 5-10k sounds great lol
But then you have to think the mortgage payments will be more and there's so much more to owning the house then just the mortgage payment. Water, gas, heat, electricity, cable, taxes.... and God forbid something breaks!Money is the only thing that stresses me out. I feel like I shouldn't worry about it now but I cant help it.
Also, it doesnt help that my sister married this year, had a house built in NC and is now living in a gorgeous house with no mortgage!
I am hoping with the money from the wedding and give a year or two we can save and get a house then. I also think ofmy son and him starting HS right after we get married so where ever we live I hope to stay there til he finishs HS. So we will see.
Posted by MrsDtoBe09
Posted by MISSESPINK722
Posted by lookitscassie
i do title insurance ( we issue insurance for the bank stating that no one else owns the propery and there are no issues and whatever) and i see a lot of 100% financing still. or some down payments of 5-10k. it all depends on the banks and what your loan officer can ******** to the bank.
we want to buy a house but just dont think we can afford it right now. hopefully a year after the wedding.
down payment of 5-10k is def. do-able for us. but we would still wait till after the wedding, since that our #1 savings for right now. but 5-10k sounds great lol
But then you have to think the mortgage payments will be more and there's so much more to owning the house then just the mortgage payment. Water, gas, heat, electricity, cable, taxes.... and God forbid something breaks!Money is the only thing that stresses me out. I feel like I shouldn't worry about it now but I cant help it.
Also, it doesnt help that my sister married this year, had a house built in NC and is now living in a gorgeous house with no mortgage!
Posted by MrsDtoBe09
For those of us that don't currently own a house/co-op/condo when do you anticipate buying? I'm in such a panic thinking about how the majority of our money right now is going towards the wedding. We won't be able to really save for a house until after the wedding. We rent from FH's dad so we have an awesome apartment for what we're paying but I can't help but want to be in my own house asap! When do you girls think you'll be able to buy? Is this a thought on everyone's minds?
I THINK WE WILL BE GOING INTO AN APT. FIRST IM REALLY SCARIED THAT I WONT BE ABLE TO AFFORD A HOUSE HERE IN NY. BUT WE WILL SEE.
