GiddyGap@lemm.ee to Ask Lemmy@lemmy.world · 8 months agoHomeowners of lemmy who bought in 2020-21, how are you feeling today about your purchase?message-squaremessage-square59fedilinkarrow-up195arrow-down14
arrow-up191arrow-down1message-squareHomeowners of lemmy who bought in 2020-21, how are you feeling today about your purchase?GiddyGap@lemm.ee to Ask Lemmy@lemmy.world · 8 months agomessage-square59fedilink
minus-squareslazer2au@lemmy.worldlinkfedilinkarrow-up7·8 months agoPretty darn good. 2% interest rate locked in for 20 years. Sure we overpaid market value and the house lost a little value this year but we are ahead in our mortgage and we are fine with how much we paid for it.
minus-squareLavaPlanet@lemmy.worldlinkfedilinkarrow-up4·8 months agoEven if you paid too much, it’s still going to appreciate further. Just a slightly longer wait, maybe. And property is supposed to be a long game.
Pretty darn good. 2% interest rate locked in for 20 years. Sure we overpaid market value and the house lost a little value this year but we are ahead in our mortgage and we are fine with how much we paid for it.
Even if you paid too much, it’s still going to appreciate further. Just a slightly longer wait, maybe. And property is supposed to be a long game.