By Financial Wellness DVM
A home will likely be the most expensive purchase you will ever make in your lifetime. As much as we’d like to believe that we make our home purchase decisions rationally, who are we kidding? This is a very emotional purchase, and logic flies out the door when we start envisioning life in our new dream home.
My First Home Was Not My Dream House
We bought our first home right after Mr. FWDVM accepted his first job out of training and we moved to a completely different city. We had just one child at that point, and I was ready to settle down and finally own a home. We had talked about renting first to get the lay of the land before committing to a house, but I was the one that pushed to buy. At that point, I had lived in 7 different states over my lifetime. We were already on our third state as a married couple. I was tired of moving and simply wanted to settle down.
Our house was in a desirable location where homeowners took pride in preserving the historic nature of the neighborhood. This is code for: we bought a really old house that we had no business