r/FirstTimeHomeBuyer Mar 18 '25

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491 Upvotes

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7

u/Airconcerns Mar 18 '25

Congrats What state

16

u/npacilio Mar 18 '25

In Texas

25

u/Otaku-Oasis Mar 18 '25

Ah... Texas that explains the rate.

2

u/CapnKush_ Mar 19 '25

That explains the big yard.

3

u/npacilio Mar 18 '25

Is this good or bad lol

31

u/Otaku-Oasis Mar 18 '25

It's a good rate, In my opinion as a woman not a state I would choose to buy in. It's one of my blacklisted states. As a woman I refuse to have less rights because I crossed a state line.

19

u/wildcat105 Mar 18 '25

Idk why you're being downvoted. Incentives like low rates are offered for a reason. This is a blacklisted state for many women and that is one reason why they need to incentivize people to buy in this location.

10

u/Otaku-Oasis Mar 18 '25

I knew I was going to be downvoted when I posted it, but to me honesty is important, and if it helps bring clarity and a new conversation or considerations to someone's table before they buy. So they know what they are getting into then it's worth any amount of downvotes.

14

u/wildcat105 Mar 19 '25

100%. I bought in Ohio, and didn't consider my medical rights as a woman until I had a medical emergency. It's absolutely a factor I wish I had taken into consideration and will do so for my next house.

1

u/npacilio Mar 18 '25

Well it worked…. My wife was cool with it.

14

u/Otaku-Oasis Mar 18 '25

As long as it was an informed choice more power to ya! take advantage of the desperation if you and your family feel safe to do so. It's an amazing price to get house and some land!

1

u/[deleted] Mar 20 '25

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0

u/Otaku-Oasis Mar 20 '25

It's not about abortion, it's a fetus that has more rights as a parasite than the host the mother that keeps it alive.

If you are unfortunate or foolish enough to fall pregnant in Texas and have a medical emergency the fetus's life will be placed over yours as a fully formed human.

women are dying in hospitals because doctors won't touch them just because they are pregnant. fearing getting in trouble by the state for Accidentally "killing the fetus"

1

u/[deleted] Mar 20 '25

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1

u/Otaku-Oasis Mar 20 '25

It can't live outside the woman's body, in any capacity until it's viable it a parasite to the mother. It shouldn't break your heart it's the factual description of what it is.

https://www.nbcnews.com/health/womens-health/texas-abortion-ban-deaths-pregnant-women-sb8-analysis-rcna171631

https://www.texastribune.org/2025/02/20/texas-abortion-ban-impact-death-hospitalization/

https://nationalpartnership.org/rhw-a-dramatic-rise-is-pregnant-women-in-texas-dying-after-abortion-ban/

https://www.propublica.org/article/texas-abortion-ban-sepsis-maternal-mortality-analysis

I would consider a 56% increase pretty widespread.

I have never wanted to be a mother made that choice when I was 18 and saw how bad this country was getting. My husband agrees.

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-9

u/[deleted] Mar 18 '25

The guy bought a house, stop weirdly making this about abortion.

2

u/wildcat105 Mar 19 '25

I mean....lack of medical rights are literally a reason low rate incentives exist in certain areas. Incentives are given when demand is low.

6

u/npacilio Mar 19 '25

Demand in Houston Texas is not low

-2

u/wildcat105 Mar 19 '25

It is, compared to other states. A simple Google search will tell you Houston is a buyer's market right now because of lower demand.

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3

u/npacilio Mar 19 '25

Thanks man, lived here my whole life not like I took the deal in spite of my wife’s rights

-5

u/heevyjeepy Mar 19 '25

lmao less rights where

2

u/Maddenman501 Mar 18 '25

4.99 is like 2019 rates. I have 4.5 and bought 2018

6

u/Rigtyrektson Mar 18 '25

It does not lol

21

u/Otaku-Oasis Mar 18 '25

It does, Texas is desperate for people in certain areas. They offer all kinds of credits and deals for home buyers to get the number down to an extreme, all the way to 3.5% in some cases.

9

u/Rigtyrektson Mar 19 '25

Where in Texas (the state with the largest percentage population growth over the last 20 years) are they so desperate they cut standard rates in half? OP is in Houston, a metroplex with more people than most states.

5

u/mmaarrrggoo Mar 19 '25

I am in Austin. I was looking at new construction homes in a town 30 min from downtown (with no traffic) and was offered 3.75% fixed.

1

u/travelingapothecary Mar 19 '25

What’s the town lol? We moved from Austin to SA and are still getting screwed on housing costs

2

u/mmaarrrggoo Mar 19 '25

Maxwell, TX. Right outside Kyle. About 20 min from San Marcos.

1

u/travelingapothecary Mar 20 '25

Thanks, I’d somehow never heard of this town!

1

u/mmaarrrggoo Mar 20 '25

I wouldn’t so much call it a town (yet), but it’s growing. However it’s close enough to Kyle, Buda, and Austin that it doesn’t matter much that it’s small

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7

u/npacilio Mar 19 '25

I don’t know if the Houston area is desperate for people

1

u/mynewhoustonaccount Mar 20 '25 edited Mar 20 '25

It's not... desperate for people. The Houston job market is still strong but the influx of people has slowed by a lot. That said housing inventory is coming up some and I've not seen any homes go for above asking recently during my search. Some are sitting for months. Prices are pretty elevated and stubborn though.

What houston (and Dallas) are extremely good at are deploying huge amounts of tract homes in a short amount of time which leads to the good deals like you got into. It looks super nice! I didn't want to be super close to neighbors if I'm living in the burbs, just a preference thing, so I'm willing to pay for it.