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

posted 8 years ago in Home
Post # 123
Member
470 posts
Helper bee
  • Wedding: November 2014

I was 19 and fI was 20 🙂 i think it’s considered fairly young in Australia. Most of our friends aren’t even thinking about mortgages and we have friends in their 30s ago are still renting. 

Post # 124
Member
12246 posts
Sugar Beekeeper
  • Wedding: May 2013

I was almost 20! But it was when I lived in Vermont, where you can buy a place for 35k!

Post # 126
Member
6838 posts
Busy Beekeeper
  • Wedding: September 2011 - Boy #1 12/2015, boy #2 02/2018

If all goes well, we will be 28 and 31 in 12 days! First home for both of us… so excited!

Post # 127
Member
140 posts
Blushing bee

28..it sucks cause when we were in our early to mid 20’s it was the height of the market=not affordable, so we waited until august 08 right at crash (we still bought for 30 under). So envoius of you guys who are bying now..

Post # 128
Member
239 posts
Helper bee
  • Wedding: April 2012

@UK Bride:  I’m not sure if we count as younger at 25, but here in the US you can get FHA loans that only require 3.5%, and there are others (USDA and VA) that have stricter requirements but are 0% down, so you could potentially get a house as long as you’re employed and willing to go through a mountain of paperwork. I’d say most people go for the 3.5% down loan, which is way less than that 20%!

(We got an FHA loan on a $122,500 house, only needed $4200.)

Post # 129
Member
1477 posts
Bumble bee
  • Wedding: May 2012

Darling Husband bought his house at 25. I never bought a property. He was pretty young for this area to buy a house.

Post # 130
Member
3419 posts
Sugar bee
  • Wedding: September 2014 - Manhattan Church Rec Center

My Fiance and I have decided that when I finish Grand school we are going to look to move to Chicago and start on the path to home-ownership. We are focusing on upping our credit scores before we get hitched so we can be in a better possition to do such. It isnt going to happen tomorrow or next year but it is a part of our 5 year plan

If all goes acording to plan, i will be married and on the path to home ownership by the time I am 30. So will be 34 .I just had to share that with someone.  Tongue Out

Post # 131
Member
85 posts
Worker bee
  • Wedding: July 2012

I live in Europe, and I see this different pattern of “buying” or “renting” between people in Europe and in the US. Most people here never actually buy homes in their lives, they rent, with different reasons. Most of my friends in Germany rent and they never actually plan to buy one. My friends in France just simply can’t afford buying any home, especially those in Paris. It seems that probably mortgage is rather uncommon, or hard to get.

My husband and I live in Croatia and the trend of buying has been increasing. We just purchased our first home together this year, and I’m 24 and he’s 29. It was somehow right after when we got married. I don’t think we’re too young, but we’re aware it’s not our forever home, so it’s somekind of a stepstone 🙂

Post # 132
Member
1181 posts
Bumble bee
  • Wedding: August 2013

I bought when I was 29. My Fiance moved in with me.

Post # 133
Member
1134 posts
Bumble bee
  • Wedding: October 2013

My finace was 30 and i was 25.

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