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Reply to "Disgusted/Deflated. We make combines $350 & can't afford jack"
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[quote=Anonymous][quote=Anonymous]Op here. We want half acre. We are on postage stamp now and hate it. We want newer build so we don't have to replace appliances, roof, windows, electric. And for those accusing troll. We want to spend max $720. For our salary, etc. it is upsetting we can't get what we want.[/quote] OP, I’m not going to flame you like everyone else. We have a HHI of 300k and we were adamant about not being house poor because we enjoy traveling with our 2 kids and we want to be able to send them to the college of their choosing. We did not have 300k in equity (more like 100k) and we learned after carrying 2 mortgages for a few months (we held the old house for a few months to take advantage of the spring market) that we would have comfortably been able to afford 800k-850k. We also wanted a relatively updated house (we’re renovating the master bath but that’s all that was needed) but the close in suburbs weren’t going to provide us what we wanted, so we moved further out. Start assessing what is most important, short commute, the house that checks all the boxes, staying under 700k, etc. You just need to accept that close in Bethesda or Arlington isn’t going to be possible and focus on what is possible.[/quote]
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