I realized over the last few days that if I'm not able to buy a home before next

Sep 10, 2024
8:32:55am

Powerbait DPM All-American

July that I'll enter into a contract for a 3rd year of renting this house and I'll end up paying $100k to the rental company. That's a hard pill to swallow.

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Powerbait DPM

Previous username: Powerbait DPM studnt
Bio page: Powerbait DPM
Joined: May 29, 2015
Last login: Sep 19, 2024
Total posts: 8,277 (7 FO)

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Messages

Author

Time

I realized over the last few days that if I'm not able to buy a home before next

Powerbait DPM

Sep 10, 8:32am

Depending on the cost of your home you would’ve paid down your debt by about 10k

delinquentcoug

Sep 10, 8:35am

How much would the home value have appreciated?

Doogal McCougar

Sep 10, 8:54am

Hard to say, but in Utah as soon as rates come back under 4% home prices will 🚀

delinquentcoug

Sep 10, 9:03am

Where do you live? If in Utah you’ll likely need 150k

1984coug

Sep 10, 8:36am

Not a problem. Everyone in Utah is wealthy. Median income is $300K.

gopman

Sep 10, 8:58am

Yeah, that’s where I get worried. I just opened my own office, we are covering

Powerbait DPM

Sep 10, 9:13am

Do you feel financially you’d be better off if you had bought? What’s the differ

SBB

Sep 10, 8:39am

For a slightly bigger home we are probably looking at a mortgage of $3500-4000

Powerbait DPM

Sep 10, 9:11am

I would think you’d need to add another 700-1000 per month to reflect the cost.

SBB

Sep 10, 9:31am

Yeah, I’ve previously owned a home but rented when first moving to Utah as we

Powerbait DPM

Sep 10, 9:53am

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