NOVA/DC/MD - Z's & Coffee, Saturdays at 10AM in [WHERE?!], VA & Columbia, MD

m4a1mustang · 03-13-2013, 02:08 PM

Quote:

Originally Posted by b1adesofcha0s

Well I'd like to get a nice sized house now so that I don't have to get a bigger one when I start a family in a couple years. Trying to get one of the new houses they are building around the Severn area. Will probably end up in the $400-500k range in the end.

Dana wanted to get a huge house initially so she wouldn't have to go through moving again. I said that's silly and that we should just get what will work for us for the next ~10 years or so then expand when we need to.

The key about a mortgage is not to get yourself underwater. You don't want to be tied down.

b1adesofcha0s · 03-13-2013, 02:13 PM

Quote:

Originally Posted by m4a1mustang

Dana wanted to get a huge house initially so she wouldn't have to go through moving again. I said that's silly and that we should just get what will work for us for the next ~10 years or so then expand when we need to.

The key about a mortgage is not to get yourself underwater. You don't want to be tied down.

Yeah I'm definitely gonna look at everything carefully before buying. Definitely not going to buy a house I can't afford. I'll have 5 people living in the house, so I'll need something decent sized.

aniceh · 03-13-2013, 02:46 PM

Quote:

Originally Posted by m4a1mustang

Dana wanted to get a huge house initially so she wouldn't have to go through moving again. I said that's silly and that we should just get what will work for us for the next ~10 years or so then expand when we need to.

The key about a mortgage is not to get yourself underwater. You don't want to be tied down.

As much as I hate moving, I have to agree with Steve here. Your lifestyle is likely to change dramatically over the next 10 years. Get something that's big enough for what you know is in the pipeline now, and worry about trading up later. That's pretty much what I've done. My home is modest but comfortable, and living well within my means has given me the luxury of saving up money so now I'm ready to step up to something a little better.

XwChriswX · 03-13-2013, 02:52 PM

Quote:

Originally Posted by aniceh

As much as I hate moving, I have to agree with Steve here. Your lifestyle is likely to change dramatically over the next 10 years. Get something that's big enough for what you know is in the pipeline now, and worry about trading up later. That's pretty much what I've done. My home is modest but comfortable, and living well within my means has given me the luxury of saving up money so now I'm ready to step up to something a little better.

Yep, totally skimping... Your house needs a hot tub.

aniceh · 03-13-2013, 02:58 PM

Quote:

Originally Posted by XwChriswX

Yep, totally skimping... Your house needs a hot tub.

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