age when you purchased a home

I was 40. I got married at 37 and did not live with my DH before I was married. I was not ready to buy a house or a coop or anything before I was married. I was in and out of school, moved around and did not want to be tied down to a house even if I could afford it.

I love my house, but it's a TON of work. DH and I have often said if we didn't have a child, we might have continued renting and bought a condo on the beach instead. People always say renting is a waste, but my living expenses (utilities, etc.) were much cheaper in an apartment and I didn't have to spend $$ or time on maintaining a house and yard. I think if she really wants it and can afford it, her age is not an issue. To me, it's more a matter of does she want to spend the time taking care of it by herself?

I also don't think you should live your life, waiting for someone or something to come along that will change it.

Message edited 7/30/2014 10:27:26 AM.

Re: age when you purchased a home

I bought when I was 26 and single. Started dating my husband around the time I put down the deposit. 6 months after I closed he moved in with me.

age when you purchased a home

I was 35
But who cares? If she can and wants to buy a house, why not?

I have plenty of friends who've owned and sold houses all under the age of 25. One buddy bought his first house at 19 (settlement money from a very bad accident). Two other friends (married at 18/19) got theirs after they got married.

She's a woman who knows what she wants. Id support the heck out of that. Who cares if she finds a man down the line? Why shouldn't she have something that's hers instead of tossing out rent money? She can sell it later or not. Frankly if I owned a home I'd be darned if I'd sell it for some man, no matter how much I loved him. Might sell it if I were getting a bigger one tho ;) LOL

Re: age when you purchased a home

I had just turned 26 and DH was 31.

If she has the means to buy a house alone I think that's great, I wouldn't have been able to at 26...not even now at 30

Re: age when you purchased a home

If she can afford it, I would be incredibly supportive. DH and I purchased our home at 28. Frankly, I could kick myself for not purchasing something when I was younger and the housing prices were increasing daily.

Re: age when you purchased a home

I think age should have nothing to do with buying a home. Dh and I just purchased our home now at 31. But we would have been just as responsible had we done it age 21. My cousin is single and just purchased her first home at 23 all by herself and I think that's awesome!

age when you purchased a home

I was 26 when we bought our home.

Re: age when you purchased a home

I don't think any single person should wait to get married to do ANYTHING in life.

However, I also don't see the point of a single person buying a house, in the suburbs - How are you ever going to meet anyone living out in family - land?

I think having her own place is a great idea, and accomplishment, I'd just suggest a townhouse, co op, condo. apartment etc either in the city, or a town with a good social scene.

And ALWAYS a 2 bedroom so it has a better resale value

Re: age when you purchased a home

24 - co-op completely single
29 - house bought it solo, was in a serious relationship, and was hopeful that we would get engaged and married. We did. it is "our" home now.

I think she should go for it. She can always sell it when she meets that man and that is what they choose. I only warn to be careful with co-ops... they can be very hard to sell (coming from personl experience).

Message edited 7/30/2014 1:56:15 PM.

Re: age when you purchased a home

My dh and I bought our home at 23. It was young but I am so glad we did it.

Re: age when you purchased a home

I was married and 31.

When I was 26 and single, I was beginning to look at coops and condos in the area. I wanted to buy something within the next few years. That didn't happen, but mostly because of the real estate market crashing and the fact that I decided against a coop.

There is nothing wrong with her buying something while she's single. However, I do agree with you about the fact that she may meet someone and he may not want to move into HER house. If I bought something while single, I'd be open to the fact that I may meet someone and we would buy our own place together and that I'd have to sell my place. I've met people who bought their own house while single, want to get married one day, but at the same time say that they will never ever leave their house. I do find it odd that they expect someone else to move into their house.

KWIM?

Re: age when you purchased a home

I just bought my first house at 37- 2 months ago

I am single- (I have been dating someone for just about a month- that's kind of huge for me)

I don't want to not do something I want b/c some unknown person might not want it- the odds are he isn't going to want to live in my brown hair barbie dream house- so I can sell it and we can buy another house- it's just a house- I was ready to buy it, I can afford it and it's mine-

I have learned that you never know what the future might bring- I am going to live my life the way I want to -

As a real estate agent I have seen it go bad and I have seen it go well for people- I could lose money or I could make money or I could decide to sell it in 2 years anyway and do it again- it's not forever- it's a place to live, build equity and enjoy my life

Re: age when you purchased a home

Re: age when you purchased a home

Re: age when you purchased a home

Condo 23
House 27

Re: age when you purchased a home

I was 24

Re: age when you purchased a home

I was 30