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Real Estate
Reply to "Would you take a $950k mortgage on 300k salary?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Have you ever owned a home before? Are you first time buyers? Home ownership requires a lot of maintenance costs. It's not so certain from month to month like renting. [/quote] This part is really true. So far this year I have spent 3k on tree trimming, 10k on appliances, 4k on plumbing work … these were planned and necessary expenses too, not even surprises or remodeling for sport. And there are always surprises. [/quote] Yep we spent $10k on AC and water heater, $1k plumbing, and now a surprise foundation expense (almost $20k). Home ownership is no joke![/quote]
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