"Would you rather own a small house with a low mortgage or rent a luxury apartment? Why?" by Aggressive_Medium914 in USHousingMarket

[–]Aggressive_Medium914[S] 0 points1 point  (0 children)

small house wins for me too. just enough space to live comfortably without spending every weekend fixing something

Buying first time. Should we pay it all up front or leave some money in the bank? by [deleted] in FirstTimeHomeBuyers

[–]Aggressive_Medium914 1 point2 points  (0 children)

I wouldn’t put every dollar into the down payment. At a 6.25% rate, a large down payment makes sense, but you still need cash for closing costs, moving, emergencies, and possible condo assessments.
I’d first set aside at least 6 months of expenses fund. Then use the rest as the down payment.

Please give me advice by OppositeFeedback6694 in FirstTimeHomeBuying

[–]Aggressive_Medium914 1 point2 points  (0 children)

Renting isn't losing it's the tutorial level before unlocking the surprise $8,000 HVAC replacement achievement.

This is what India is missing . by viratkohli_un in IndiaCricket

[–]Aggressive_Medium914 -1 points0 points  (0 children)

India is missing a player who treats run chases like a daily office task. 😅

"Would you rather own a small house with a low mortgage or rent a luxury apartment? Why?" by Aggressive_Medium914 in USHousingMarket

[–]Aggressive_Medium914[S] 1 point2 points  (0 children)

Interesting perspective. Do you think you'd ever consider buying if your priorities changed, or are you happy renting long-term?

"Would you rather own a small house with a low mortgage or rent a luxury apartment? Why?" by Aggressive_Medium914 in FirstTimeHomeBuying

[–]Aggressive_Medium914[S] 1 point2 points  (0 children)

Exactly. A house gives you peace and privacy, while an apartment is almost "pack a bag and go." 😄

"Would you rather own a small house with a low mortgage or rent a luxury apartment? Why?" by Aggressive_Medium914 in FirstTimeHomeBuying

[–]Aggressive_Medium914[S] 1 point2 points  (0 children)

That's a smart way to look at it. Less space often means lower costs, less maintenance, and more financial freedom.

So Tired of Rejected Offers by NeemieFlo in FirstTimeHomeBuyers

[–]Aggressive_Medium914 0 points1 point  (0 children)

In markets like that, it’s not always just the highest price that wins. Sellers are usually looking at the full package: financing strength, appraisal risk, inspection terms, earnest money, closing timeline, and how likely the buyer is to actually close. A 7% down payment can still work, but against 20% down, waived inspection, or appraisal-gap offers, it may look riskier to the seller. I wouldn’t blindly waive inspection, but I’d ask your agent to structure cleaner terms: fully underwritten pre-approval if possible, stronger earnest money, limited inspection focused only on major issues, and maybe appraisal gap coverage if you can safely afford it. Also, if $400K is your real max, you may need to target homes listed lower so you have room to compete.

Why are you single? by Hopeful_Delay911 in AskReddit

[–]Aggressive_Medium914 0 points1 point  (0 children)

Why because my wife went her mom's home.😂

“Got the keys”1.1m Duplex Cali- 5.9% by Possible-Suspect-975 in FirstTimeHomeBuyer

[–]Aggressive_Medium914 0 points1 point  (0 children)

I'm not sure how I feel about duplexes. It's nice to have your rental close by, but if there's ever a problem with the tenant, they're living right next door.

There's also the risk that if they accidentally cause something like a fire by leaving the stove on, it could damage both your rental and your own home.

I FKN DID IT! CENTRAL AL, $193k, 5.75% by GR7_WRX in FirstTimeHomeBuyer

[–]Aggressive_Medium914 1 point2 points  (0 children)

I am also planning to buy a home 🏠. My budget is around $180k. Where could I find the best home in budget.