(Closed) How old were you when you bought your first home?

posted 6 years ago in Home
  • poll: How old were you when you bought your first home?

    under 20

    20-25

    25-27

    27-30

    30-33

    30-35

    35+

    I still rent

    Other

  • Post # 61
    Member
    877 posts
    Busy bee
    • Wedding: October 2013 - A Beautiful converted Barn

    Lily_of_the_valley: we were 24 when we bought our shared ownership 2 bed bungalow – we had a mortgage on 30% and rented the rest. it got us on the propety ladder and left us with a nice little lump sum when we sold.

    we bought a new house in April this year which should be ready to move into just before Christmas. its our forever home – 4 bed with a nice big garden, this one is 100% ours – so i guess officially we bought our 1st house this year – we are both 30.

    Post # 62
    Member
    5187 posts
    Bee Keeper
    • Wedding: February 2013

    I’m 30, he’s 35, and we still rent. The average 2 bedroom town home where we live runs about 250K. The few people I know who attempted buying in their early to mid-20’s settled for tiny, run down houses and ended up moving back in with their parents after a year or two. Central Jersey is not an easy place for young people to buy nice homes on their own. 

    Post # 63
    Member
    9575 posts
    Buzzing Beekeeper
    • Wedding: September 2015

    dont feel bad, it’s hard. I don’t know if I’d ever make enough on my own. I love what I do but it is far from lucrative and especially in NYC it would never happen. Fiance bought his condo here 4 years ago at 26- but he was able to live at home for free and save. We will sell this and get a house when it’s baby time. My name will be on it… But I didn’t make this $$

    Post # 64
    Member
    207 posts
    Helper bee

    I voted other because, I’m 28 for 28 more days (seriously) but I am in the process of house buying, so barring nothing catastrophic happening, I will be 29 when we close on a house. With that being said, I haven’t bought a house yet.

    My fiance is 32 (for 21 more days) so he will be 33 when we close. It will be our house even if only my name is on the deed and mortgage.

     

     

    Post # 65
    Member
    23 posts
    Newbee

    View original reply
    Goodwilldollarbling:  Are you talking about Georgia Dream, or another program? I’m 27 in Georgia and looking to buy my first home and was looking into that one, but would love to know if there are others!

    Post # 66
    Member
    1128 posts
    Bumble bee
    • Wedding: December 2014

    My Fiance and I just bought our first home last year.  I was 27 and he was 29 but we both saved for two whole years for the down payment on the house.  

    Post # 67
    Member
    49 posts
    Newbee

    We were 24 when we bought a small house in the suburbs. Prices were really reasonable so we didnt want to wait anymore, but everyone’s situations are different and there’s definitely no ‘acceptable age’ to achieve life things. Most of my friends are renting and can’t afford to buy yet, but they’ve travelled a lot overseas already, whereas I haven’t done much at all. Don’t fall into the trap of comparing yourself.

    The topic ‘How old were you when you bought your first home?’ is closed to new replies.

    Find Amazing Vendors