#house

Living with in-laws, talks of partially buying the house.

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Living with in-laws, talks of partially buying the house. Last year, our rent was scheduled to rise pretty drastically, leaving my wife and I no choice but to move. Her parents offered to let us take over the basement in their house for very little rent to allow us to save for a home down payment. Over the last few months, the topic of us buying their house has come up a few times. It seems they’d rat…

Reddit Personal Finance 1.2k 2024-06-20

House proceeds lost during wire transfer?

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House proceeds lost during wire transfer? I sold my house and we closed earlier this week. My housing proceeds seem to be lost and I’m unsure how to proceed. Day 1: House sale closes. Receive a call from escrow company (verified number) to confirm wire info. Day 2: Confirmed that wire was sent, told the money would be in our account within “hours”. This is early morning time. Getting to…

Reddit Personal Finance 941 2024-06-19

Need advice on house down payment.

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Need advice on house down payment. I’m moving to Illinois and will be looking to buy a house from 350-450k. I’m prepared to make a down payment up to 250k but I am deciding if that is the best use of my savings. Taxes on a house in the Chicago suburbs at that price range are between 7-11k. I lean risk adverse, but understand the concept of opportunity costs and 3 years ago I woul…

Reddit Personal Finance 917 2024-06-18

Recently married and unsure on what to do with the second house.

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Recently married and unsure on what to do with the second house. As the title state’s I am recently married and we are unsure on what to do with our second (my house before we married) house. I moved into my wife’s house shortly before the wedding and have my mother moved in paying the mortgage. Will not go into the details but I am looking to evict her and now contemplating selling or renting it. I bought t…

Reddit Personal Finance 985 2024-06-18

House of the Dragon – Season 2 Premiere Discussion

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House of the Dragon – Season 2 Premiere Discussion House of the Dragon Premise: Set 200 years before the events of Game of Thrones, this epic series tells the story of House Targaryen. Subreddit(s): Platform: Metacritic: Genre(s) r/HouseoftheDragon HBO (score guide) Drama, Fantasy Links: IMDb Wikipedia Trailer submitted by /u/LoretiTV

Reddit Television 555 2024-06-17

Selling house to pay for care

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Selling house to pay for care My friend and her sister are selling their Dad’s home. He is now in Assisted Living and the sale will continue to fund his care there. Her Dad owns it outright and it’s listed for almost $1,000,000. She just informed me 30% of the profits will go straight to the IRS due to Capital Gains. Yikes! It’s too late for my friends as it’s already listed…

Reddit Personal Finance 740 2024-06-16

How do I calculate ownership percentage of my house with my spouse?

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How do I calculate ownership percentage of my house with my spouse? Wife and I split our finances 50/50 and we are going to be selling “my” house in the coming months and I’m struggling to calculate how much we each “own”. Here’s the details. I bought the house for 224,500 before I met my wife. When she moved in, the loan balance was 170k. When we sell the house the balance will roughly be 157k. My thought was t…

Reddit Personal Finance 406 2024-06-15

Save for house or pay student loans?

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Save for house or pay student loans? My student loans are 70K and a weighted average of ~4.5%, but the payments are rough (around 1K per month). my partner is coming into a lump sum large enough to pay off the loans. our HYSA returns 4.2 before tax, so we feel it’s sort of a toss up on what makes more sense. If we did pay them, it would free up more monthly income to start aggress…

Reddit Personal Finance 886 2024-06-14

Mom and I are on the house together but she wants a reverse mortgage

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Mom and I are on the house together but she wants a reverse mortgage I’m in California, dad passed a few years ago and put me on the house with my mom. Mom and I don’t get along so she wants a reverse mortgage and move out. But the house is supposed to go to me. Siblings and parent agreed to this but mom is being a money grubbing sack of crap. So they asked me to put up a reverse mortgage which I was told it woul…

Reddit Personal Finance 660 2024-06-13

Delay house down payment for a vacation?

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Delay house down payment for a vacation? Financial Situation: Military. Wife and I are both 26. Own a house with about $50k equity. VA loan, owe $350k at 2.6% interest. Renting it out for $2500 a month. Maxing TSP and mine and my wife’s Roth IRAs. About $310k in retirement savings and a taxable brokerage. $36k emergency fund is fully funded. We have about $38k saved towards another d…

Reddit Personal Finance 728 2024-06-13

What is the best way to save for a down payment on a house?

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What is the best way to save for a down payment on a house? I’m in my mid 20s and I know in the next 5 to 10 years I likely will want to own a home. Where I live homes are very expensive and the amount needed for a down payment is significant. I’m also open to potentially never own a home given the cost associated. I’m wondering, if I do want to eventually have the ability or potential to own a home, wha…

Reddit Personal Finance 608 2024-06-13

Second Opinions? Selling a house to move and rent.

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Second Opinions? Selling a house to move and rent. I’ve bought a townhouse in 2022 for an interest rate around 5.5% for around 290k. Realtor is estimating I could sell for around 305/310k right now, and I still owe around 235k on the house. So I could lose around 10k of what my closing costs to get the house are (around 52k, 40k down and 10kish for closing) or make out net 2-5k ahead of it. I’ve…

Reddit Personal Finance 1.2k 2024-06-11

Saturn Transit The 7th House: Judging Your Relationships

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Saturn Transit The 7th House: Judging Your Relationships I had a consultation with a double Gemini today. He’s an intellectual with Saturn transiting his 7th house.  He goes deep, always striving to learn. Today, he brought me two relationships scenarios.  Both interactions bothered him. I was to hear him out and offer feedback. Perfect! The first exchange was with professional he’d hired. I Source

Elsa Elsa 434 2024-06-10