wilmington, North Carolina, USA
| StoreTags: house, debt, grown up
Author: seanh on March 01 2007 Viewed 3462 times. 18 people liked this blog. You can rate it below if you haven't already.
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i closed on my house last week. send me house warming gifts. i am totally a grown-up now. i bought my mom's house from her. i am pretty happy about it. one of the rooms will be a studio, awesome. i am in debt until i am sixty years old. | |
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03/01/07
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ignatius
it's all yours in just 360 more payments!!!
congrats man. own a house is dope.
03/01/07
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electrodan
wow congrats mang. housewarming party?
I thought it was going to be, "I got my busted ass vintage drum machine with knobs missing from ebay today!" ;)
This is much better. :D
03/01/07
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Roshi
Awesome! Congrats.
We bought our house mostly as a result of opportunity. Happy accident.
But buying a house from your parent...wow. And it's yours to modify as you see fit.
03/01/07
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SenorFrio
NICE! Congrats!
03/01/07
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Roshi
Btw, how are you liking your Q80EXE? 
03/01/07
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minisystem
we bought our first house back in april. there was a slightly stressful kitchen reno that took 5 weeks longer than it should have, but now we're pretty settled in.
being really smart, wise investors, we bought at the peak of the market here in toronto, so the best we can hope for is to break even when we sell in 4 years.
but THEN, i'm going to do exactly what you did - buy my mom & dad's house, which is on a farm!
03/01/07
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jdg
best thing about owning a house is the payments.
03/01/07
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saemskin
dont forget to refinance in 5 years and buy that Eventide H8000 you've been lusting after with the check.
03/01/07
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jdg
LOL good call!
refi'd my way into a kyma.
03/02/07
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bodo
that's great news, buying a house from our mom is such a sweet picture
i've bought my house about three years ago, and I still have about (roughly estimated) five years at least to turn it into something decent 
but it's fun to decide what goes where, and to have a studio-room is priceless
good luck and congratulations!
03/02/07
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bbwax
congrats on the purchase fellow debter.
we bought our first almost 3 years ago. aside from painting rooms and spending tons of money and time on the yard, it feels eerily similar to renting. gotta keep reminding myself - equity, equity, equity...
03/02/07
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theflame
woah, sean h is all growed up huh? congrats dude!
03/02/07
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lunatinker
you're not in debt til 60.
ownership of real estate is often misunderstood or lost income.
if you hold it for a little while, you will (excepting the worst years, like 1980ish) make money.
nothing like a little harley davidson stock ... or googlestox...
03/02/07
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frnortnr
congrats! we're about to buy our second place, not a house cause this city is fubar for prices, but still something bigger so i will have studio space too! woooooo! and i'll be paying the mortgage till i'm 67! allllright! ;)
it is rad owning though, you can do whatever you want and not having to worry about getting kicked out ever is a nice bonus.
03/02/07
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p
awesome, sean. at least you're paying your way to ownership it's not rental. congrats.
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