17 Jul Finally Bought My Forever Home
I'm pretty excited. I just closed escrow.
I didn't want to buy in this market and wanted to wait for recession, and has been waiting since 2013 for the right house to come along, but my family is getting bigger with kids.
I bought a relatively new 2 story house 2600 sq ft home in Southern California in a good neighborhood with 8000 lot size. We threw a low ball offer and got 50k under asking price since the older couple didn't stage the house and require some renovation.
We put a huge down payment 60% locked 3.2% 15 yr interest rate, and DTI 20% with property tax calculated. I figure we can withstand any recession and save for an investment property when there is a recession/depression in the next 2-5 years.