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FML - The follow-up
BadGoldDigger Say more :
OP here! The below is going to be pretty tl;dr, so I apologize! :P This has been an ongoing issue ever since we started the house buying process, though I'm pretty sure she has never really like me . I guess she didn't feel threatened until my fiance and I were going to have something legally tying us together. Aaaaand the reason why I'm pretty sure she doesn't like me is because I'm Asian(well, half, so I guess I'm not white enough for her...?) She made a comment when my fiance and I tried da
By BadGoldDigger / Tuesday 26 May 2015 12:18 / United States
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The real estate market is booming when you are younger. You can sell houses in no time. Especially the younger you are its easier. Think about it. Wouldn't you buy a house from a baby? Actually, I have no idea either why it's better to be younger.

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more equity you are basically building a rainy day fund with your mortgage. more you pay into it the more you can take out. as the old saying goes, 'gotta have money to make money".

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#19 my parents didn't buy their home till they were in their 50s they got a 20yr mortgage. My house will be paid off by the when I'm in my 50s on a 30 yr mortgage.

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Best to buy when you're young, instead of giving your money away to someone else by renting for 20 years. Build equity. My husband and I bought our house when I was 24 for $176K. Five years later, when I divorced him, I bought him out at a market value of $350K. And now five years later again, the house is worth $475K, and I'd have about $300K in my pocket if I sold it right now. If I was renting, I'd probably still have spent as much as I have now on rent vs mortgage, but you don't build equity

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#42 He better have been one hell of a dick for you to shit on him that bad in divorce. I'm at least hoping he deserved that instead of you mindlessly taking advantage of unfavorable laws.

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#50: Huh? #42 said they bought their ex out for the house at what was the fair market value at the time, which was far more than the two of them had paid for it originally. How is that "mindlessly taking advantage of unfavorable laws" or screwing someone in a divorce?

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Thanks #67. #50, how did I take advantage of him? I paid out his half of the house at current market value, even though I paid the entire down payment, and half of the mortgage payments for five years. Pretty sure that's how it's supposed to work, split assets and debt down the middle, so each party gets an equal share. Fuck, I even split our DVD collection 50/50.

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