mainebrown
Well-Known Member
how much house can a ups driver afford?...my wife and I just started looking for a house, also considering building because her father is a carpenter….i’ll be at full progression early next year.
What you've been told so far is pretty good advice. I question the "building because her father is a carpenter" thought. Unless you or your paw-in-law are prepared to act as the building contractor and doing much of the work yourselves, I can't see how his being a carpenter is much help. The price you pay for materials to build a house are as high now as they were before the economy started to tank. Only with much cheaper labor can you build a house at a lower $ per square foot price.how much house can a ups driver afford?...my wife and I just started looking for a house, also considering building because her father is a carpenter….i’ll be at full progression early next year.
for more clarification.....the 1/3 should be your maximum monthly payment.sorry just to clarify,my orginal statment 1/3 of you take home for the month. lol
The sooner you buy a house the better. Buying a house is like investing in the stock market, try and buy low so you can sell high (when the time comes). I could go on and on about the value of home ownership, but to quote Nike, Just do it.
Getting a feel for prices from us (BC users) would be a bad idea. House values are all over the map depending on the region you’re in. What sells for 250K in my area could be 500K somewhere else.
Good Luck! It’s worth eating macaroni and cheese the first year or so if you’re buying a home.