What do Rebecka and I do these days? We watch TV like every good American family. These days, Rebecka and I have been captivated by HGTV - the channel dedicated to real estate. The shows are simply riveting. Do they want wood floor or carpet? Is a small closet a deal breaker? After months of careful studying, we took all our accumulated knowledge about real estate and visited a few open houses today. We stopped at three houses within a few mile radius of our apartment just to browse.
As a person in the financial field, I was interested in the investment value of each property as well as the whole realtor/buyer interaction. Since we all know the housing crash was caused by handing out NINJA mortgages (No Income, No Job, No Assets), I figured young people like us would get some strange looks like "Can you afford this?" However, to my dismay, one of the realtors actually gave us a business card for a mortgage company that grants loans with zero down payment. Perfect.
All this to say, we aren't buying a house yet. We like the freedom of renting a bit too much. Someday, we will taste adulthood and buy a house but not today.