Closing on my first home today!

Eric · 01-15-2010, 08:11 AM

I haven't been around much lately due to my new job. But my new position has enabled me to be able purchase my first home. I'm buying the house that I grew up in from my parents for a very good price below market value. I was able to use the equity in the appraised value of the house to put 20% down in order to avoid PMI.

CBRich · 01-15-2010, 08:17 AM

Congratulations. And good job on avoiding that PMI. Owning your own home is definitely a huge step toward complete financial maturity.

SgtGoldy · 01-16-2010, 10:46 AM

Post pics when u can. Congratz

Eric · 01-17-2010, 01:33 PM

I actually have posted a picture of it already.

My wife and I have been living in the house for over a year now. We moved into my parents house with the intentions of buying it.

And no, We don't live with my parents! lol

frost · 01-17-2010, 01:35 PM

goo job man, beautiful!

corner3garage · 01-17-2010, 01:36 PM

Awesome job! I wish you good luck in the future!

-Mike

DA-MAN · 01-17-2010, 01:46 PM

Dude your house looks Beautiful!!! Congrats Man

mick · 01-17-2010, 01:47 PM

wow. nice!

Eric · 01-18-2010, 07:03 AM

Thanks guys. The only thing that I wish the house had was a garage. Unfortunately, there isn't enough room on the lot to build one either.

frost · 01-18-2010, 12:00 PM

Quote:

Originally Posted by Eric

Thanks guys. The only thing that I wish the house had was a garage. Unfortunately, there isn't enough room on the lot to build one either.

Seriously? Looks like there is a great deal of space right there.

Eric · 01-18-2010, 01:42 PM

The lot is only 1/4 acre. There isn't enough room on either side of the house for a garage. I don't think that I would want to add the garage in front of the house.

MastaRip · 01-18-2010, 03:17 PM

Looks awesome, man I want to see snow

01-15-2010, 08:11 AM	#1 (permalink)
Eric Enthusiast Member Join Date: Oct 2009 Location: Norton, Massachusetts Posts: 448 Drives: in the fast lane. Rep Power: 16	Closing on my first home today! I haven't been around much lately due to my new job. But my new position has enabled me to be able purchase my first home. I'm buying the house that I grew up in from my parents for a very good price below market value. I was able to use the equity in the appraised value of the house to put 20% down in order to avoid PMI. __________________ PSN ID: GTP_EricW

01-16-2010, 10:46 AM	#3 (permalink)
SgtGoldy A True Z Fanatic Join Date: Feb 2009 Location: Orange County, CA Posts: 3,503 Drives: C63 AMG - LSD Rep Power: 650	Post pics when u can. Congratz __________________ C63 AMG LSD - Straight Pipe - EuroCharge v5 - Vossen CV7 - IG: @SuperFastYo

01-17-2010, 01:33 PM	#4 (permalink)
Eric Enthusiast Member Join Date: Oct 2009 Location: Norton, Massachusetts Posts: 448 Drives: in the fast lane. Rep Power: 16	I actually have posted a picture of it already. My wife and I have been living in the house for over a year now. We moved into my parents house with the intentions of buying it. And no, We don't live with my parents! lol __________________ PSN ID: GTP_EricW

01-17-2010, 01:36 PM	#6 (permalink)
corner3garage The370Z.com Sponsor Join Date: Oct 2009 Location: Laguna Hills, CA Posts: 9,879 Drives: 240sx, 350z, 370z Rep Power: 35	Awesome job! I wish you good luck in the future! -Mike __________________ Corner3motorsports.com

01-17-2010, 01:46 PM	#7 (permalink)
DA-MAN Base Member Join Date: Apr 2009 Location: Dallas, TX Posts: 24 Drives: Blue Nissan 370Z AT Rep Power: 16	Dude your house looks Beautiful!!! Congrats Man __________________ Nothing in life is to be feared. It's only to be understood - Marie Curie

01-15-2010, 08:17 AM	#2 (permalink)
CBRich A True Z Fanatic Join Date: Apr 2009 Location: SC Posts: 2,464 Drives: 370Z Rep Power: 544	Congratulations. And good job on avoiding that PMI. Owning your own home is definitely a huge step toward complete financial maturity.

01-17-2010, 01:35 PM	#5 (permalink)
frost Retired admin Join Date: Dec 2008 Location: Winterfell Posts: 106,613 Drives: Your Wife Crazy Rep Power: 0	goo job man, beautiful!

01-17-2010, 01:47 PM	#8 (permalink)
mick Track Member Join Date: Jan 2010 Location: California Posts: 903 Drives: Used to drive a 370z Rep Power: 16	wow. nice!

01-18-2010, 07:03 AM	#9 (permalink)
Eric Enthusiast Member Join Date: Oct 2009 Location: Norton, Massachusetts Posts: 448 Drives: in the fast lane. Rep Power: 16	Thanks guys. The only thing that I wish the house had was a garage. Unfortunately, there isn't enough room on the lot to build one either. __________________ PSN ID: GTP_EricW

01-18-2010, 01:42 PM	#11 (permalink)
Eric Enthusiast Member Join Date: Oct 2009 Location: Norton, Massachusetts Posts: 448 Drives: in the fast lane. Rep Power: 16	The lot is only 1/4 acre. There isn't enough room on either side of the house for a garage. I don't think that I would want to add the garage in front of the house. __________________ PSN ID: GTP_EricW

01-18-2010, 03:17 PM	#12 (permalink)
MastaRip Base Member Join Date: Dec 2008 Location: South Florida Posts: 18 Drives: 06 G35 COUPE MT Rep Power: 16	Looks awesome, man I want to see snow

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