Home Ownership...... It's an Adrenaline Rush

By
Real Estate Agent with Coldwell Banker United Realtors® ~ 512.750.6899

Where we live whether it be a single family residence, condo, townhome or apartment set the stage for our lives. The American dream has always been to "own space you can call your own." Many subscribe to the Warren Buffet adage "never pay for someones mortgage, only your own."

I remember when I was little living in upstate NY, my parents paid off their mortgage and we celebrated! It was an adrenaline rush for sure. The pride my parents exhibited transferred to the whole family and we shared their sense of accomplishment.  My brother still has the contract written in pencil and signed by the seller of our home and signed by my dad.

After getting married we moved many times as my husband went through the Navy flight program and because of such short stays in different squadrons, we rented. It wasn't until we were out of the service we bought a home. In 1975 we purchased this home in Des Moines Iowa so our daughter could attend a highly ranking elementary school only 3 blocks away. Our neighbors had young children as the neighborhood was turning over as the older generation began moving away. Fond memories of the hood.

Our children became friends and we loved our hood and convenience to everything. Then the schools changed their boundaries and our daughter was going to be bused 10 miles away to school. Our son was born and we decided it was wise to sell our home and move out to a newer community. We became disenchanted with the fascination of an older home and its charm when it became apparent it was becoming a money pit.

It was the perfect time to sell and build a new home. This time we went with a more contemporary feel on a quiet cul-de-sac in West Des Moines. Again we found wonderful neighbors with younger children whom we still keep in touch with today!

 

Each move reinforced economic individual success and gave us the power of asset-building through home-ownership. The adrenaline rush continued with each purchase.

When my son returned home from college and began his career at a technology company in Austin I was a full time Realtor and told him to get in the car, we were going to find a home..no renting! I told him you're not going to pay someones mortgage, only your own (again adhering to the Warren Buffets adage). He often laughs and says "mom slammed me into a home." It didn't take him long to understand my philosophy (I think he already knew) home-ownership matters for individual economic opportunity. He also experienced the adrenaline rush of owning a home. He has taken it to a new level buying many rental homes and is a  successful Broker owner of a real estate firm in Austin.

We've bought and sold new construction homes and made profits. Good equity was achieved by the time the home was completed. The secret was buying in the beginning of a community because the builders always raised their prices as the subdivision built out. 

The home we built in 1994 when I married my Geno is the perfect single story for us and over the years we have remodeled several times, each time excited with our new look. As I always tell Geno a "A home is a work in progress."

 

I've always felt the adrenaline rush when purchasing or selling homes. It's exciting to partake in the process of home ownership. We are so fortunate in our country to have the opportunity to "own our own space" and make it our own.  Thank you Mom and Dad for teaching us this wonderful feeling of accomplishment! There is nothing like realizing the dream of home ownership and now I'm able to help others realize their dream and its an exhilarating feeling! 

 This is my submission the the Active Rain contest "What does home-ownership mean to YOU?

 

 

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Topic:
ActiveRain Community
Groups:
All Real Estate - Today and Tomorrow
ActiveRain Contests
Tags:
home ownership
ar contests
assetbuilding
adrenaline rush

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Rainmaker
4,910,928
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, Dorie Dillard CRS GRI ABR what a nice story to share with everyone.... and you're absolutely right about the "adrenaline rush".... 

Jun 18, 2019 04:54 AM #4
Rainmaker
3,545,403
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Dorie. What a lovely and inspirational story this is. Enjoy your day.

Jun 18, 2019 05:16 AM #5
Rainmaker
2,004,062
Joe Jackson
Keller Williams Capital Partners Realty - Columbus, OH
Clintonville and Central Ohio Real Estate Expert

Great post and a wonderful story! Thanks for sharing!

Jun 18, 2019 05:16 AM #6
Rainmaker
3,142,462
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

I enjoyed reading your journey through home ownership Dorie, and the photos you included. Your home style preference has changed through the years, and each one must have so many fond memories for you!

Jun 18, 2019 05:24 AM #7
Rainmaker
5,310,389
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Dorie, for sharing some of your personal experience with home ownership.

Jun 18, 2019 06:42 AM #8
Rainmaker
2,481,396
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

That is such a wonderful story and you are definitely a wonderful person!  I love seeing the look on the faces of clients that have bought their first home, it is pure joy!

Jun 18, 2019 07:17 AM #9
Rainmaker
4,358,909
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dorie,

I so enjoyed reading your story and the adventures of home ownerships that you experienced in your journey.  What a superb entry!

Jun 18, 2019 07:59 AM #10
Rainmaker
3,272,279
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Dorie - there are many moments of "adrenaline" rushes to be had.  Your post reminds us of thoese experiences.  In the past.  Likely in the future.  Fortunately as often as possible.  

Jun 18, 2019 09:22 AM #11
Ambassador
3,806,529
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Dorie- I loved following you on your journey through home ownership. And what a good example you set for your son. And thank you again for helping my little cousin and her husband find their home a few years ago. 

Jun 18, 2019 10:32 AM #12
Ambassador
3,762,160
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dorie I can understand the joy your parents had when they paid off the mortgage, that is an experience not many homeowners have these days.

Jun 18, 2019 11:57 AM #13
Rainmaker
1,872,120
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good evening Dorie Dillard CRS GRI ABR - That is a wonderful story.   Your parents were like Phyllis' and mine and like you we have continued the dream of home ownership.

Jun 18, 2019 03:14 PM #14
Rainmaker
2,486,716
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Dorie, a great story and entry for the homeownership contest. I liked seeing the different homes you purchased.

Jun 18, 2019 07:31 PM #15
Ambassador
909,811
Kathy Schowe
California Lifestyle Realty - La Quinta, CA
La Quinta, California 760-333-8886

What a wonderful legacy you have built with your family.  Great post!  Kathy

Jun 18, 2019 10:08 PM #16
Rainmaker
3,186,531
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Dorie, loved your post and I remember when my father got mad at his landlady and bought a home... he did not know about Warren Buffet, but he made all of us get an adrenalin rush when we fired the Landlady:)Endre

Jun 18, 2019 11:10 PM #17
Rainmaker
2,856,133
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Dorie.

In all of our 51+ years of marriage bliss we have rented about 6 months.  Otherwise we have owned a home and made a nice profit from each one of them

Jun 19, 2019 01:39 AM #18
Rainmaker
1,416,404
Kat Palmiotti
Grand Lux Realty, Monroe NY, 914-419-0270, kat@thehousekat.com - Monroe, NY
The House Kat

That is a wonderful story - I love the excitement I read from your words!

Jun 19, 2019 02:30 AM #19
Rainmaker
3,213,858
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Rush it is...there is nothing like it...hugs and tears many times....when we help other people. Yes...work in progress it always is ...and that is part of the fun !

Jun 19, 2019 03:45 AM #20
Rainmaker
502,163
Mary Hutchison, SRES, ABR
Better Homes and Gardens Real Estate-Kansas City Homes - Kansas City, MO
Experienced Agent in Kansas City Metro area

So fortunate your son could buy a house with his first job!  And that he listened to Mom, willing to take on the responsibility of homeownership.  It is a special thrill to get buyers into just the right home--

Jun 19, 2019 12:51 PM #21
Ambassador
3,232,773
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

So true and I have been preaching Warren Buffet's words for years too - a lot around the Rain lately too...especially this month! LOL

Great entry, Dorie! Thank you so much for entering! 

Jun 20, 2019 09:49 AM #22
Rainmaker
401,020
Steffy Hristova
HomeSmart Elite Group Tempe AZ Tel: 480-966-9353 - Tempe, AZ
Tempe AZ Realtor - Your Home Close to Your Work!

Dorie, I am sure your clients appreciate all the advice you have on selecting a home location, buying home in a new construction development. I enjoyed reading your entry for the contest.

Jun 20, 2019 04:33 PM #23
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Dorie Dillard CRS GRI ABR

Serving Buyers & Sellers in NW Austin Real Estate
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