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just bought a house and I am freaking out

Posted: August 5 14, 1:25 pm
by AWvsCBsteeeerike3
I have a dip in, trying to relax, but I can't. I feel like I am about to explode with nervousness.....[expletive] me. I don't even know why I'm nervous, it's pretty clearly the right thing to do and affordable. It's jsut.......a big commitment. For whatever reason, seems so much bigger of a commitment than a kid or getting married or anything else. AAAAAHHHHHHHHHH. [expletive] me. I'm about to puke.

Re: just bought a house and I am freaking out

Posted: August 5 14, 1:29 pm
by IMADreamer
Yep that's how that whole buying a house things works. Congrats and good luck.

Re: just bought a house and I am freaking out

Posted: August 5 14, 1:41 pm
by Secret Weapon
eh at least you can sell the house

you cant sell your wife or kid

Re: just bought a house and I am freaking out

Posted: August 5 14, 1:46 pm
by TimeForGuinness
Don't worry, it's more expensive than you think. Congrats!

Re: just bought a house and I am freaking out

Posted: August 5 14, 1:48 pm
by Arthur Dent
My rent has been increased 25% in less than two years, so I wish I had bought a house.

In the city at least, I don't think it's that hard to sell a house should you want out. Reversing the marriage and kid decisions seems much more difficult.

But yeah, my fear is that I'll buy a place just before a waive of layoffs.

Re: just bought a house and I am freaking out

Posted: August 5 14, 2:43 pm
by Jocephus
hah, my folks have told the same story when they bought their first

Re: just bought a house and I am freaking out

Posted: August 5 14, 2:48 pm
by AWvsCBsteeeerike3
My fear is that, for some unbeknownst reason of which I'm sure there are billions, I'll regret this and it'll put me (now us) pretty far behind financially. I've put in offers on 3 houses over the last probably 4 years and obviously not bought any of them. After a month or a year or so, I've regretted not buying them. Every single one.

We've simply outgrown our rent house which is like 800sf. It has one bathroom which is right next to AW jrs room. The toilet is less than 10 feet from his bed (with a paper thin wall in between). Twice in the past couple months, I've had to drive to the hospital to use their lavatory around 2 am because I had to shemp and I didn't want to wake up Jr. The landlord didn't want us to leave when Jr. was born so turned this sun room into a 3rd bedroom, but to get to the bathroom, you have to go through Jrs bedroom or go outside. People that come stay with us have to go outside to get to a bathroom that they have to be extremely quiet to use. I mean....it's Arkansas, but that's pretty jank even by hillbilly standards.

We have to whisper after he goes to bed if we're inside. His toys take up the entire TV room, even when everything is picked up his books, stroller and all the toys and table and things only allow room for a love seat and two chairs. Mrs. AW just graduated and got a job and refused to move into another rent house, so the writing was on the wall....But, it's like all the money I've saved up....gone. Gone. Just not there. Gone. That outside dream of just picking up, buying a sailbaot and travelling the Caribbean for a couple years, gone. (I iwsh we could avoid PMI without having to put 20% down, which you can't even if you have the assets to prove you're not a threat....whic is ridiculous but a different topic)The flexibility of being able to not have a job for a few years, gone? All the extra income/month to play with....well, almost gone. How do you justify having money sitting there when paying a mortgage?

I just went to the gym bathroom at the office and puked.

A wife and kids don't really limit your freedom, well - they do in their own way. A mortgage basically limits where you can live and the minimum amount of money you can make and the maximum you can spend. Which are big [expletive] limitations if you ask me.

Also, if you halve my age and add it to my current age, I'll just be getting out from under this thing. Roughly. I'll be almost 50 before this thing is gone. 50. That's old. 50 years old. I can look forward to being 50. I'm going to go puke again.

Re: just bought a house and I am freaking out

Posted: August 5 14, 3:14 pm
by pioneer98
I'll probably be paying on mine until I'm 60 unless I come into money or something. It is a bit scary but losing your job would really mess things up whether you owned or rented.

Re: just bought a house and I am freaking out

Posted: August 5 14, 3:48 pm
by mikechamp
AWvsCBsteeeerike3 wrote:I have a dip in... I'm about to puke.
I think these two might be related.

Take a deep breath. It'll be fine. Well, at least until you want to take a vacation, or a house repair comes up. Welcome to saving every penny for a rainy day.

Re: just bought a house and I am freaking out

Posted: August 5 14, 3:51 pm
by slide_into_first
The only way out of your panic is to redirect you. Tell us about the house you bought. Sq ft? # bedromms? # baths? Yard? Fruit trees? How are the neighbors?