#house

Does this room configuration make sense? New house!

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Does this room configuration make sense? New house! Hi we recently bought a house that had a weird closet and sitting room and weird master. The previous owners used the “primary bedroom” as a sitting room with a master closet attached (this is the room you walk into from the hall). We think it would be best to demo the WIC and bump out the hallway closet so this new room will have a flush wall. …

Reddit Interior Design 1.3k 2024-07-18

Just inherited a house, what should I do?

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Just inherited a house, what should I do? Just as title states. Finally all paperwork finalized and I’m allowed to sell. I recently bought my home a few years ago so moving is not a option. Here are details. Mortgage remaining is 144k. House needs work in 2017 water leaked. New roof was installed but ceiling was not fixed. It needs some work on ceiling and new carpet/appliances. I wou…

Reddit Personal Finance 667 2024-07-18

Inheritance, new job, and buying a house outright

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Inheritance, new job, and buying a house outright Recently I was forced to move for work. I’m in tech and decided the best option was to move to CA. I lived in a low cost of living state and was able to buy a house at sub 3% rate. The rate was too good to give up so I decided to rent the house out making roughly $1k/month profit. Should I sell the house I’d make roughly 300k profit. At my new …

Reddit Personal Finance 783 2024-07-16

I’m about to lose my house, and I had no idea. (cautionary tale)

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I’m about to lose my house, and I had no idea. (cautionary tale) Yeah, so I’m an idiot, and this will cost me and my wife big time. We purchased our home in late 2020. Things have been great. Nice house, great neighborhood, great schools. About a week ago, we get a certified letter in the mail from the county. We owe taxes. A LOT of taxes. Some of our tax liability has been sold. We have till October to save…

Reddit Personal Finance 963 2024-07-14

How to protect house with elderly mother in charge

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How to protect house with elderly mother in charge Located in NY state. My mother is a 70 year old widow. A couple of years after my dad passed away she started dating some guys. Unfortunate to say my mom is too trusting and can be easily taken advantage of. If she wants to spend her money stupidly that is fine it is hers to do that but she has a paid off house and I am concerned one of her “bo…

Reddit Personal Finance 1.2k 2024-07-13

Sell house at a loss for pay raise in other area?

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Sell house at a loss for pay raise in other area? Need opinions or personal experiences… Recently was offered job paying 10k more a year in a LCOL area. I currently make about 60k in a HCOL area. I like the area that I’d be moving to, but know literally no one. To move, I’d have to sell my house at a 15k-20k loss. My question is, would it financially make sense to move for a pay raise? My ot…

Reddit Personal Finance 1.2k 2024-07-12

Selling Holdings for a House. how?

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Selling Holdings for a House. how? Hello. I am soon to be looking to purchase a home in the next 5-6 months. I currently have a brokerage account that holds most of my downpayment. I’d like to know the best way to liquidate the holdings- if I should stagger selling the holdings for more stability, or if I should sell as last minute as possible to keep the money exposed in the mar…

Reddit Personal Finance 636 2024-07-10

Saving for a down payment on a house

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Saving for a down payment on a house I am saving for a big down-payment on a house. About $30000 and looking to buy it in 5 years give or take a year. Should I park it all in high yield savings, Cds, some short term ETFs, or a mix of all three. I can get 5% on a savings account, maybe 5.3% on laddering CDs, and I don’t know if an ETF would be worth it for just 5 years. I’m looking …

Reddit Personal Finance 876 2024-07-08

Sell house or rent it? What makes more financial sense

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Sell house or rent it? What makes more financial sense My work is moving me to a different city where we would rent an apt. In 2021 we purchased a $525k home 3 years ago with 20% down and a 2.99% rate. My mortgage + tax + HOA is $3k/month. Redfin is currently valuing my home at ~$590k. So I’ll be able to make around $65k by selling. My work will cover all closing costs so I can essentially get out …

Reddit Personal Finance 568 2024-07-07

Buy a house first and then get married? Or get married and then buy a house? (USA)

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Buy a house first and then get married? Or get married and then buy a house? (USA) Hi all, My fiance and I got engaged a little over a week ago and I can’t be more excited! Before he proposed we mutually agreed that we should prioritize buying a house before getting married. Our thought was we would purchase a home before November 2025 and then get married in Spring 2026. I’ve talked to a few people about this and have gotten …

Reddit Personal Finance 685 2024-07-07

The 8th House In Synastry

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The 8th House In Synastry anonymoushermit asked about people who fall in your 8th house and you in theirs. It’s a great question and not that easy to answer. I want to take a stab it it because I have a packed 8th house. I encounter a lot of people due to my job. I can definitely feel it when Source

Elsa Elsa 452 2024-07-06

Pay off the house or invest in the stock market ?

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Pay off the house or invest in the stock market ? We have a $500k mortgage at 7% which is high. We also have $500k cash available ( not part of our emergency fund) . Should we put our money to payoff the entire loan or invest the money in a mutual fund and just pay monthly our mortgage ? submitted by /u/Ok-Arm-2232

Reddit Personal Finance 1.1k 2024-07-05

Will we be too house poor? Breakdown included

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Will we be too house poor? Breakdown included Hello everyone, My wife and I are closing on a house in a couple weeks and we broke our finances down and what our average monthly net income is. We don’t have any CC debt and these numbers are post 401k contributions. I have attached a picture for reference. We don’t pay for our phones as we’re on a family plan and I do pay $640 every 6 months…

Reddit Personal Finance 415 2024-07-04

You can pay to put a virtual house on Snapchat’s map

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You can pay to put a virtual house on Snapchat’s map I can’t afford an actual house in this hellish economy, so a virtual one will have to do. | Image: SnapSnapchat Plus subscribers are getting a new feature that allows you to design your own virtual house to show off on the Snap Map. You can view your house at any time by visiting the map, as can anyone you share your location with. Your customi…

The Verge 446 2024-07-03

Parent looking to sell house – plan for proceeds to generate income

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Parent looking to sell house – plan for proceeds to generate income Hi All, My parent is looking to sell their ~USD2mn house with no mortgage. Unfortunately due to the passing of the breadwinner, there is no longer any income, and that is why there is only maybe USD50k in cash. There are no other investments such as liquid bonds, equities or funds. We do not expect any welfare, social security, pension or govern…

Reddit Personal Finance 1.1k 2024-07-03

Prioritizing saving for house vs. retirement

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Prioritizing saving for house vs. retirement Without going into too much detail, I (36F) used to have a serious spending problem. Five years ago I unexpectedly lost my job and I was forced to sell the home I had purchased using my whole Roth IRA as a down payment. By the time things settled down at the end of 2019, I found another job in my field for considerably less money, but I was stil…

Reddit Personal Finance 915 2024-07-02