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The road to home ownership is scary............ I remember writing this post now I am living it .

kittyke Posted:

The road to home ownership is scary............ I remember writing this post now I am living it .

Me and DH have been looking at homes for a while, nothing real serious, just looking at the locations and quality, etc. and I have come to realize (I did realize before) but it is really sinking in okay - here goes, we were looking at homes we could afford NOW, both salaries, non-stop working BUT I had to cut that income almost in half because I have to think of the income when it is time to start a family, so if we were looking at $350k homes, we really should be looking at $250k homes and you can't get s--t for that. I am trying to be a realist about this process and it is depressning!
Any Input?

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We found a house - bought it - we are in it - would like to start a family, there is no way we can pay the bills on one salary. Am I an idiot?
Kelly9904 Posted:

Re: The road to home ownership is scary....

I really cant answer your question but I wanted to just tell you that I know how you are feeling. We are seriously looking right now. Actually have found a house but need to look at it a second time before making a decision.

BUt I will say that I have found my self freaking out lately, to the extent that I find myself breathing faster and running numbers in my head....its such a huge decision.

Good luck!
yabbobay Posted:

Re: The road to home ownership is scary....

maybe you should look into condo/townhouse options...that way you can build equity and keep saving for when the right house does come along
missmmpr Posted:

Re: The road to home ownership is scary....

We rent the top floor of our house...When the time comes to start a family, we will take the house over...For now, it really helps with the bills..

The Original 2nd-time-around Posted:

Re: The road to home ownership is scary....


Posted by missmmpr

We rent the top floor of our house...When the time comes to start a family, we will take the house over...For now, it really helps with the bills..



Same here!! We own the house, but rent out the top, so we only have 2 bedrooms right now. Once we take over the whole house, we;kk have 4 or 5, but for now it makes a MAJOR dent in the mortgage!
kittyke Posted:

Re: The road to home ownership is scary...I remember writing this post now I am living it .

what to do?

DjPiLL Posted:

Re: The road to home ownership is scary............ I remember writing this post now I am living it .

Start building your savings so you can afford to live on one salary for a few months. Then go back to work after maternity.

kittyke Posted:

Re: The road to home ownership is scary............ I remember writing this post now I am living it .

that is a plan that is easier said than done, but actually I have been trying, thank you for the advice.
Summerbride04 Posted:

Re: The road to home ownership is scary............ I remember writing this post now I am living it .

Any chance you can work part-time or work from home?

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