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well i am $167,000 in debt now

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Old Nov 7, 2005 | 11:51 AM
  #1  
justinwebb's Avatar
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February 2010 ROTM
Joined: Aug 2005
Posts: 650
From: Columbus, OH
Default well i am $167,000 in debt now

well i have been looking into buying my 1st home recently and i finally found one in an area that i like and has the right options so i figured i would let u all see my new home too....its 3 bedrooms 2.5 bathrooms, 2 car garage, loft, huge great room and a full basement.....it was just built a month ago so its nice....oh the possiblities with this one.....and oh how i am in debt now

the front

the back


me and my gf i am moving in with


the great room as u walk in the front door


kitchen


the garage my favorite part


half of the basement


half of the master bedroom


looking down from the loft


more pics to come once we close on it we will be moving in mid december so it will be a nice christmas present to myself
 
Old Nov 7, 2005 | 11:53 AM
  #2  
bigfrank's Avatar
Joined: Oct 2005
Posts: 23
Default RE: well i am $167,000 in debt now

If you look at buying a house as a debt..then you shouldnt buy it...other then that..nice house
 
Old Nov 7, 2005 | 11:54 AM
  #3  
Forty04's Avatar
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Joined: Mar 2005
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Default RE: well i am $167,000 in debt now

sweet, looks like quite the place man!
 
Old Nov 7, 2005 | 11:55 AM
  #4  
Pete's Avatar
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Joined: Feb 2005
Posts: 7,168
From: Jersey
Default RE: well i am $167,000 in debt now

thats cheap. IF u sold that house in my area it woulda cost like $400,000 I cant believe how cheap that is. (unless u put down over $100K)
 
Old Nov 7, 2005 | 11:57 AM
  #5  
SkItZiAnIsT's Avatar
Joined: Aug 2005
Posts: 206
From: Maryland
Default RE: well i am $167,000 in debt now

nice house... where is it? it was only 167,000$? thats cheap in md you would only get a 4 room shack for that much!
 
Old Nov 7, 2005 | 11:57 AM
  #6  
se7ensectoolate's Avatar
Joined: Jan 2005
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Default RE: well i am $167,000 in debt now

I wouldn't think of it as debt, but rather an investment. At least you're building equity instead of throwing money away by renting. Congrats, I'll be taking the plunge soon as well.
 
Old Nov 7, 2005 | 12:03 PM
  #7  
mill$civic's Avatar
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Joined: Feb 2005
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Default RE: well i am $167,000 in debt now

very nice house man you got a great deal if you paid that much and thats a amazing first house too and the first people to live in it..sweeeeet, i agree with these guys, your not in debt,its a invesment..i hope im as luckey when i get a first house
 
Old Nov 7, 2005 | 12:06 PM
  #8  
Auto98EX's Avatar
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Default RE: well i am $167,000 in debt now

Before I read the thread I thought you were gonna tell us how you spent $167,000 on cars

Nice place, and nice gf too if ya don't mind me saying so. I agree with the others, that's a very good price for that much house!
 
Old Nov 7, 2005 | 12:43 PM
  #9  
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Default RE: well i am $167,000 in debt now

$167k won't even get you a condo or a townhouse here. Either way, congrats. A house like that certainly has a lot of possibilities and a good chance of earning some equity later on down the road.

I'll probably be looking into buying my first home next fall. Any BTDT advice?
 
Old Nov 7, 2005 | 12:52 PM
  #10  
andryuha's Avatar
Joined: Nov 2004
Posts: 1,639
From: Parma, OH
Default RE: well i am $167,000 in debt now

I think it's a great house! The only thing I don't like about it is the back - looks kinda empty. You should put up a deck there in the future. Congrats on the great deal!
 



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