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Old 12-06-2020, 08:22 AM
 
Location: East Coast
4,249 posts, read 3,719,577 times
Reputation: 6481

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We bought our first house at 32. Had been renting in various places for 10 years prior to that.
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Old 12-06-2020, 08:29 AM
 
Location: Mr. Roger's Neighborhood
4,087 posts, read 2,557,060 times
Reputation: 12489
Moved out on my own at age twenty-one, although I haven't lived at home full-time since I was eighteen.

Moved in with my former husband after we were engaged into a house that he'd had built a few years prior to that, so I was neither a renter nor technically a homeowner (house was in ex's name only, so he paid the mortgage while I paid the tax, utility, and grocery bills) until we sold that house and bought one together when we downsized during the recession. So.... I bought a house with my ex when I was thirty-five and bought my own house when I was thirty-eight.
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Old 12-06-2020, 08:55 AM
 
860 posts, read 438,363 times
Reputation: 2340
Quote:
Originally Posted by possibleyou View Post
How old were you when you bought your first home and moved out on your own? Just a curious question
Bought my first home at age 25 (a rental house), never lived in it. Moved out on my own at Abe 16.

First house (above) purchased in 1986. Sold in 2019.
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Old 12-06-2020, 08:57 AM
 
4,510 posts, read 5,048,411 times
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Went into the Army at 17, bought first home at 25 .
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Old 12-06-2020, 09:12 AM
 
Location: East Bay, San Francisco Bay Area
23,513 posts, read 23,986,796 times
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Moved out at 18 to attend college and lived in off campus housing. After graduating at 23, I was out on my own. Bought my first home at 31 years of age.
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Old 12-06-2020, 09:39 AM
 
Location: Dessert
10,888 posts, read 7,370,074 times
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Was fully moved out and self-supporting by age 20. Bought first home at 30.
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Old 12-06-2020, 10:39 AM
 
Location: Canada
167 posts, read 359,105 times
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I moved out for good at age 20 when I got married. Lived in apartments until I bought my first house at 25.
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Old 12-06-2020, 10:41 AM
 
2,634 posts, read 2,675,948 times
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29. I got a late start due to military service, otherwise it probably would have been 26 or 27.
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Old 12-06-2020, 10:48 AM
 
Location: 89052 & 75206
8,144 posts, read 8,338,067 times
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Married at 22 upon college graduation. The following year my DH was transferred to another city and we bought a house in the new city rather than renting an apartment. So I was approx. 23.
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Old 12-06-2020, 10:53 AM
 
3,773 posts, read 5,321,473 times
Reputation: 6234
Bought my first house at 50. Had rented up to that point. Paid cash. Sold it and bought second house (for cash) at 56. Bought third house (for cash) at 63. Currently own two houses outright. Never had a mortgage. After reading through the other posts, it looks like I am the oddball in this group.

Some would say that it is smarter to borrow at low interest rates for houses that possibly appreciate at a higher rate. Maybe so, but I like being debt free with at least one house earning decent rental income and not tied to the stock market.
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