Buying a home
By maximax8
@maximax8 (31053)
United Kingdom
November 6, 2020 10:17am CST
I bought my first home when I was 19 years old. It was a small cottage in Kent. Kent is known as The Garden of England. It was in a village near to open countryside. I sold it when I was 33 years old and bought a modern house on the edge of a coastal town in North Somerset. My whole family moved as my brother in law got a new job in this area. At 38 years old I had to sell it when my disabled son was three years old. I needed to give him a downstairs bedroom and wet room. I bought a 3 bedroom bungalow in a close. I had to take on paying a mortgage. It took me a little less than 7 years to pay off my mortgage.
6 people like this
5 responses
@maximax8 (31053)
• United Kingdom
6 Nov 20
@DianneN It is amazing you paid off your house's mortgage early. It took me 5 years to get my mortgage to owing 25,000 pounds. Then I paid the rest off in 18 months. Well done for paying in cash for your condo. It is impressive you buy cars with cash. You clear your credit cards every month. That is impressive for me to read, thank you.
1 person likes this
@DianneN (247191)
• United States
6 Nov 20
@maximax8 We paid off our mortgage early on our house. It felt awesome when that was done and so freeing. However, it was necessary to have a mortgage at the time we bought our house. Our condo was much less expensive, so we we were able to purchase it with cash. We also pay cash for all our cars and pay everything each month on our credit cards. Live free - be free!
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@maximax8 (31053)
• United Kingdom
7 Nov 20
Much to Say I am delighted that you bought the house 8 years ago when prices were more affordable. Yes, today's price would seem insane as prices have risen so sharply. Homes nearer to Bristol are really expensive. There are two coastal towns nearer it. One of my friends would like to live in the one that is nearer. Yet is also has insane house prices. Which area do you live in? I know Los Angeles is very expensive. I know a man from You Tube moved from there to Las Vegas. New York must be a very expensive place to study for a degree.
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@maximax8 (31053)
• United Kingdom
11 Nov 20
@much2say Much of California is expensive for a house especially Los Angeles. It isn't very cheap for a person who travels there and stays in a hotel. We managed to find an affordable motel. It was a very long walk from Hollywood. Yes, you live in a small house. I think San Francisco is also very expensive to buy a house. There are very expensive houses in the same location as Face Book and Microsoft head offices.
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@much2say (53944)
• Los Angeles, California
10 Nov 20
@maximax8 We are in Los Angeles 
- you are absolutely right it is expensive to be here. We grew up here, so this is all we know . What we got for our small house, we could buy way bigger property in other states . . . but we just can't imagine moving from here.
- you are absolutely right it is expensive to be here. We grew up here, so this is all we know . What we got for our small house, we could buy way bigger property in other states . . . but we just can't imagine moving from here.1 person likes this
@maximax8 (31053)
• United Kingdom
7 Nov 20
@xFiacre I also have a disabled child. He is 13 years old. How old is your disabled child? Rural Normandy is really beautiful. I am now age 48 years old so I probably will live another 20 or 30 years. I wonder what will happen to my disabled son when I die. I have made a will to let him stay safe once I die.
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@maximax8 (31053)
• United Kingdom
9 Nov 20
@NoorNoor You are welcome. To pay off my mortgage I did over payments and towards it getting on the lower side financially target setting. So I made sure I owed 25,000 on 1st January 2016 and have it down to 10,000 in January 2017. I did a 2,000 overpayment in November 2016 as my regular saving account had ended. I used a different regular saver to reach my mortgage payoff when it got to 3,500.
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