Sunday, November 06, 2011

Being 40: Buying a Home

There's no greater satisfaction in life than doing something that many people thought you never would or never could. On October 26th, in my 40th year of life, I bought my first home. All. By. Myself.

People buy homes all the time. I know a lot of homeowners. It's not uncommon. It doesn't warrant a gold star or a giant trophy. In fact, it's not really even worthy of a pat on the back. I mean, really... Who rewards or congratulates someone who willingly gets themselves into hundreds of thousands of dollars in debt?

However, it is not a decision to take lightly. And boy, did it take some time! But, I am finally the keeper of the keys to two units in south St. Louis, close to the neighborhood where I grew up. I am a landlord. And, I am a homeowner.

It's the scariest thing I have ever done in my life. Oh, but there is so much more to come!

5 comments:

Jenna said...

I liked reading your post! I just found the Maryland Realtors I have been searching for. I understand the long and intense process it can be.

Jess said...

Thank you so much for this. I am looking at Homes For Sale In Rockville MD for my first house. You are a true inspiration showing I shouldn't be afraid! Thanks again.

Nannie Toller said...

All the same, allow me to congratulate you. Not for eagerly wanting to accumulate hundreds of thousands of dollars of debt, but because of putting up a good investment. That was two units, Michele! You deserve all the extolling, although it would mean double responsibility on home maintenance and other finances. How are you coping?

Drew Andrews said...

Right on! Surprising people can really be satisfying, especially that you’ve proven a good point by doing so. :) Congratulations! I suppose you’re using one unit as a source of income? That’s a good way of managing your resources. By doing that, you’ll have a source of constant income.

Levi Ervin said...

Owning a house can be considered a big achievement in a person’s life. Not all people have this kind of opportunity, or sometimes, even a big family can’t afford to own a house. You’re pretty lucky because you have a home that you solely own, and you can hand down this asset to your children in the future. Congrats, Michele!