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Real Estate
Reply to "How to buy a house without a contingency of selling our current home"
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[quote=Anonymous][quote=Anonymous]OP: Wow, you have A LOT of savings, etc., for your HHI. That's awesome! Especially if you HHI was $100k until recently. Do you mind if I ask how you got there? Family gifts? Living well, well below your HHI?[/quote] Mainly due to buying our house for $190k in 2002 as a foreclosure in a sketchy neighborhood that is now very popular and expensive. (Though have spent about $200k renovating in total over the years). That's kept our mortgage very low leaving us with very low expenses. Also had flexible schedules so avoided paying for daycare and don't have student loans. Then consistent max savings into retirement and an inheritance of about $250k in 2014. And massive sock market growth in the past year or two has added a couple of hundred thousand more. We've been lucky.[/quote]
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