ProTeacher Community - View Single Post - House hunting
Thread: House hunting
View Single Post
amiga13's Avatar
amiga13 amiga13 is online now
 
Joined: Feb 2014
Posts: 22,692
Senior Member

amiga13
 
amiga13's Avatar
 
Joined: Feb 2014
Posts: 22,692
Senior Member

Old 01-17-2021, 01:23 PM
  #10

Iím so opinionated about real estate, sorry. And here I am in the midst of another real estate deal, one that so far is nothing but annoying.

I agree with the other posters that saving is crucial. Even in cheap markets, the bigger your down payment, the better youíll do.

I disagree about multigenerational households. I think they work for some people and not for others. I grew up in a multigenerational household and still remember very well how miserable it could make my mom. Iím old, retired, and widowed; I live alone and LOVE and appreciate my living circumstances every single day. DD and her friends think itís hilarious that this is the first time in my life Iíve lived alone (and they all cheer me on).

My best real estate advice: location. Buy the crappiest, cheapest house/condo/townhouse in the BEST location. You wonít be sorry.

I might have more advice if youíre interested.


amiga13 is online now   Reply With Quote
 

Copyright © ProTeacher®
For individual use only. Do not copy, reproduce or transmit.
source: www.proteacher.net