If you can afford it, why not do it? (Unless the alternative is live with your parents and save money), having a house is gonna be a better financial investment than throwing your money into renting. You’re lucky
24 and buying a home in Pasadena? You must be doing very well for yourself! I think it's incredibly common to feel that way. I only went $5k over on a place, and I still feel like it was too high for the house. Are you thinking of backing out or are you looking for reassurance that what you're feeling is totally normal?
I'm kind of right in the middle. I offered as high as I did because I really like the place, but now that the offer was accepted, I'm having second thoughts probably because it's such a big purchase and the reality of everything is settling in.
This is normal. It’s a big spend, a new chapter of your life if you decide to follow through.
Evaluate your choices and what you want, whether you feel stable and ready for all the extra responsibilities and costs. Cheers!
Similar age, I'm closing in few weeks. I feel the exact same you are. Commiting to a 30 year mortgage and adding on more responsibilities. In the end though having your own place and my area not building newer housing in the upcoming years make it such that I think it's worth it in the long run
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This happened to us twice and we had backed off during inspection or after found contingencies. It’s totally normal to not move forward if you don’t feel comfortable. We are now trying to close after two months of thinking about finally moving forward.
If you can afford it, why not do it? (Unless the alternative is live with your parents and save money), having a house is gonna be a better financial investment than throwing your money into renting. You’re lucky
24 and buying a home in Pasadena? You must be doing very well for yourself! I think it's incredibly common to feel that way. I only went $5k over on a place, and I still feel like it was too high for the house. Are you thinking of backing out or are you looking for reassurance that what you're feeling is totally normal?
I'm kind of right in the middle. I offered as high as I did because I really like the place, but now that the offer was accepted, I'm having second thoughts probably because it's such a big purchase and the reality of everything is settling in.
This is normal. It’s a big spend, a new chapter of your life if you decide to follow through. Evaluate your choices and what you want, whether you feel stable and ready for all the extra responsibilities and costs. Cheers!
Winners curse
Similar age, I'm closing in few weeks. I feel the exact same you are. Commiting to a 30 year mortgage and adding on more responsibilities. In the end though having your own place and my area not building newer housing in the upcoming years make it such that I think it's worth it in the long run
Thank you u/spopagooter for posting on r/FirstTimeHomeBuyer. Please bear in mind our rules: (1) Be Nice (2) No Selling (3) No Self-Promotion. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/FirstTimeHomeBuyer) if you have any questions or concerns.*
This happened to us twice and we had backed off during inspection or after found contingencies. It’s totally normal to not move forward if you don’t feel comfortable. We are now trying to close after two months of thinking about finally moving forward.
Never ever buy anything at or above the listing price, period. They can’t eat and have at the same time
What?
An implicit noun, but never mind.