home ownership

what you need to know before buying a home: 10 unexpected costs that could break the bank

I wish you could have seen me in the first few weeks of owning my home.

First of all, picture a house that has no dining room table, fold-up chairs serving as seating in the living room and your grandma’s 1980s coffee table being used as a TV stand (that lasted for more years than I care to admit). I’d try to throw a meal together using what little kitchen utensils I had on hand and then eat said meal off of a paper plate in a chair my parents had spent many evenings in watching my soccer games. And why?

Because I had no idea of what it actually took to outfit a home.  Multiple trash cans? I now need multiple trash cans?

why i'm choosing not to pay off my mortgage early

Exactly 4 years ago around this time at the ripe old age of 26, I was smack dab in the middle of house-hunting. I had been saving for a down payment for a few years and had finally hit my goal, so off I went into the world of starter homes and cute bungalows to find a house for this single gal that would be mine and all mine.  Well, mine and the bank’s.  At least for 15 years.

Luckily I didn’t have to deal with some of the house-hunting nightmares that others have had to endure, and I found a cute little place in the area I wanted for a great price.  We were still coming out of the recession so it was a buyer’s market, and with interest rates so low, I jumped at the deal.