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Do I regret buying a house by myself in my mid-twenties? And for me, personally, the answer is yes. I was 23 when I decided I wanted to buy my home, and by the time I actually signed my contract, I was 24. No assistance from anyone, and I bought it all by myself. And while that might seem scary, for me, personally, it was the best decision I made for myself. And the reason it's turned out to be a good decision for myself later, three years later, is because I did my research ahead of time. I researched a lot about housing markets, interest rates, the cost of my home and the value that it would have in a couple of years to decide if it would be worth it in the long run. I also had a plan in place in case I lost my job or I wasn't able to afford my mortgage. I knew there would be a lot of expenses upfront, moving costs, closing costs, and any repairs and maintenance. So I bought a new build home because I didn't want to deal with any major few roof system. That budgeting spreadsheet that helped me plan for all my future expenses so I can know what I was getting myself into. And I did long-term research. I haven't decided if I want to keep this home for the 30-year loan or if I want to sell it before my 30-year loan and use that to buy my dream home. All in all, I know that the investment that I put into this home has put me in a better financial future. If you're looking to buy a home too, do your research as well. Make sure you know exactly what your costs are going to be and how your expenses are going to look like for the first few months.
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