I’m really happy with how my house is looking, check out the pictures: http://www.Obeo.com/585718
Call me partial, but I have to say I think I have one of the coolest houses on the block, if not in all of Plano for it’s price range. Listed at 165,000 my home is a great first-time buyer property and the furniture, minus the green chair and the artwork, can be included with the property. I’m down-sizing dramatically and simplifying my life and I hope that this house sells quickly so I can get moved back to Denton. Am I a bit apprehensive? Yes. I’ve gotten used to having my own place with a garage and lots of space, but the trade-off is that you have more to take care of and the costs are really astronomical.
When you buy a house they don’t tell you that your mortgage can go up even if your rate is fixed due to increases in taxes and home owners insurance. My mortgage went from $1167 a month to $1451 after living there for 1.5 years. I asked why and they said, “Your taxes went up by 1000 dollars a year” and my response was that they increase the money they were taking from me by $3000.
Anyway, long story short, having a house is awesome, but as a single guy I don’t think the investment is worth it. I would have done better if I had just saved all the money I invested in this property… but on the upside, I got to live in a really great house in a really great location.