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Reply to "I was so close and now I’m shut out"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Was so close to buying in 2020 and 2021 and now those properties I could afford at 1.2 and 3% are at 1.7 and 6.8% and I am locked out of the UMC for the rest of my life. No equity here.[/quote] Why does a single woman need at $1.2 houses let alone a $1.7M house. [/quote] Why not?[/quote] I’m 10 years older than OP. I am married but might as well be single. My husband retired too early and I pay all the bills. I have two kids in college so have to keep working. Only difference (and a big one) is we bought 20 years ago in an UMC neighborhood because I saw this coming. Paid 780K for our house and now worth 2.2 - 2.5m. I want to downsize because the cost of living is high in our area and upkeep of house is expensive. OP, I’m sorry you didn’t buy two years ago but I would not buy a 1.2m or 1.7m house as a single woman with kids at 50. Why do you want that house debt? Buy what you can afford and be happy. [/quote]
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