You are viewing a single comment's thread from:

RE: A House to call our own - and what makes me go to work in the morning.

I'm rooting for you to get a place to call your own. I recently bought a cheap place outright and have no mortgage payments to make. It makes things a bit easier. When we get our finances in order through this cheap living, we can think about trading up... but mortgage free living might just keep us here too.

Sort:  

Thats fantastic mate well done! That would be such a nice position to be in, and like you say you can always trade up in the future should you wish, that place is yours and no one can take it away from you.

Realistically for us we will have to get a mortgage, but thats ok, I intend to put down a massive deposit, its the only way we can make it work since the banks only lend 4.5x salary right now.


Posted via proofofbrain.io

I had a mortgage, but sold the equity I had in my house to buy the cheap spot. We traded down in one way and traded up in the savings department.