Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
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.
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.
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.
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.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.