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Title: Saved half the down payment for a house! Post by: jldavi on January 25, 2019, 05:51:35 PM My grandparents and my mom all live on a large parcel of land in rural PNW. I recently decided that I wanted to buy the property, as it would give stability to my grandparents (extra cash in hand in case someone needs to go into the hospital or a nursing home) and my mom, because she won't be forced to leave if they pass unexpectedly and/or her siblings decide to sell.
The place is 50 acres with two houses, my mom lives in one house, and my grandparents in another. I moved home to save money for the down payment and am happy to report that in 3 months I've managed to save half of what I need for the down payment, and qualified for a mortgage to cover the rest! By May, I'll own the place. ;D ;D I'm a first time homebuyer (in my early 20's) so I'm pretty excited about it. It isn't much, but providing stability to my family is important to me, as is not having to worry about extended family squabbling over "assets" (aka my childhood home) once my grandparents have passed away. I'm on track to have it all paid off in five years. Title: Re: Saved half the down payment for a house! Post by: Lady Revan on January 26, 2019, 01:27:39 AM Congratulations on your first house! :D
Title: Re: Saved half the down payment for a house! Post by: Edon Bluewolf on January 26, 2019, 05:04:36 AM Wow that is great, I'm sure your folks are super happy and appreciative!
Title: Re: Saved half the down payment for a house! Post by: BatMike90 on February 09, 2019, 10:07:37 AM Late but Congrats!!!
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