Homeownership Why Not?

By
Real Estate Agent with Vision Quest Realty WV0026375

This month Debe Maxwell is hosting an ActiveRain contest titled "Homeownership - an Active Rain Challenge"

 

 

our family home Bluewell WVI grew up in Bluewell, WV.   Bluewell is a small community outside of Bluefield, WV. My parents had purchased a few acres and had a two-story brick house built on top of a hill in Bluewell.  My Dad and Mom saved money to get the property and build this home.  After graduation, like a lot of young people, I moved to Washington, DC and started working for the Department of Navy.  There where many great memories as well as sad times in this home. 

 

Before I got married, I rented houses. I usually had roommates 3/4 women. The houses were all furnished with my furniture. Each roommate had to have their own bedroom furniture. This really worked for me and I never thought of purchasing a home of my own, Talk about paying someone else's mortgage... yes I did.

 

I'll never forget this Realtor/friend who was always trying to get me to buy a home and rent out the rooms. No, I was scared. Hard to imagine. If I had only listened to my friend. Guess I saw what my parents went through scraping at times to make the mortgage. That was hard for my parents as there were 11 children to feed. Still, I was single and could have purchased a home and been my own landlord.

 

When I met my husband, we purchased a townhouse in Annandale. It was a lovely 3BR/2.5 bath home, in a great location. We lived there for ten years. We also purchased an investment property. A nice one bedroom/one bath condo on Lee Highway near Rosslyn, VA, that we renovated and rented.

 

After living and working in the Washington DC Metropolitan area for 35 years, it was time to move. My husband and I are both from West Virginia and decided to move back to our roots and closer to my family. Below is the home we had built in 2005. It is a 5-Bedroom/4.5 bath home consisting of 4900 sq ft of living space. 

 

Our home

 

back of my house

We love our home and this special quaint, historic town located in southern West Virginia that offers the modern conveniences of big city living with all the flavor of small-town charm. There are fewer people, less traffic, less pollution, well you get my drift.  Mostly, I love our home as I live closer to my six sisters.

 

I tell all my young clients if they can purchase a house now, do it. Do not pay someone else's mortgage like I did for 15 years.

 

 

 

 

 

 

Posted by

Your Real Estate Connection for Lewisburg, WV and the Greenbrier County

 

   

 

If I can assist you in any way with your real estate needs in Lewisburg, WV, Greenbrier County or the surrounding areas, please feel free to contact me by phone at
(304) 520-2133
, email
or visit my website at

www.lewisburgwvhomesforsale.com/

 

 Vision Quest Realty

Martha Hilton, Broker

 

 

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Rainmaker
3,240,853
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Rebecca. Home ownership reminds me of the Ivory Soap commercial that used to run about it being 99.4% pure. That sounds like the right percentage of people who should own. Enjoy your day 

Jul 01, 2019 04:35 AM #3
Rainmaker
3,057,843
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good morning, Rebecca... enjoyed reading about your homeownership "journey." What a beautiful home you and your husband built... a wonderful home "back home."

Jul 01, 2019 05:09 AM #4
Rainmaker
1,766,211
Lottie Kendall
Compass - San Francisco, CA
Helping make your real estate dreams a reality

Your home is stunning, Rebecca, and your road to home ownership is a common theme for many of us

Jul 01, 2019 05:23 AM #5
Rainmaker
1,898,718
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Rebecca - well everything really ended well.  You did start building equity although not as early as you would have liked.  I really love your beautiful home.

Jul 01, 2019 06:05 AM #6
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Michelle Carr Crowe,Altas Just Call...408-252-8900! - thanks for stopping by to read about my homeownership challenge.

Jul 01, 2019 07:07 AM #7
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Debe Maxwell, CRS - I am so happy here in Lewisburg WV. It took me a while but I finally bought a home. Only wished I did it sooner :)

Jul 01, 2019 07:08 AM #8
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Wayne Martin - that sounds about right. So many young people here are trying to buy their first homes. That is so smart.

Jul 01, 2019 07:10 AM #9
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Nina Hollander - thank you. We love our home and state.

Jul 01, 2019 07:10 AM #10
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Lottie Kendall - thank you. We love our home and it is great being near my family. 

Jul 01, 2019 07:11 AM #11
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Grant Schneider - That is the only regret I have ... not building equity earlier. 

Jul 01, 2019 07:13 AM #12
Rainmaker
2,517,605
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

You definitely should have listened to your friend about purchasing a home and renting out the rooms, which is such a great way for a young person to get ahead in life, especially if they don't mind having roommates.  I have always needed my space, so I am not sure if I would be comfortable with that route, but it certainly is a smart financial route to take!

Jul 01, 2019 08:02 AM #13
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Brian England being from a large family, I didn't mind having roommates. I had six sisters. So, I used to being around lots of people :) 

Jul 01, 2019 09:02 AM #14
Ambassador
2,013,709
Michelle Carr Crowe,Altas Just Call...408-252-8900!
Get Results Team...Just Call (408) 252-8900! . DRE #00901962 . Licensed to Sell since 1985 . Altas Realty - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

Rebecca, thanks for sharing your entry and reminding us to blog on the Homeownership Challenge.

Jul 01, 2019 08:01 PM #15
Rainmaker
2,005,620
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Rebecca Gaujot, Realtor® - Yours is a compelling reason to buy a home, not pay rent, and make money by investing/renting out a home you own. Not only do you have memories of homes you lived in, but you also lived through many of life's hills and valleys and climbed many rocked rocks climbing mountains of life challenges. 

The photo of the home you and your husband built is really spectacular! Plus, with a location in close proximity to your siblings is very special, indeed. I always knew you were family oriented and you take care of all your clients in a loving and caring way. 

 

Jul 02, 2019 06:10 AM #16
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Thanks for stopping by, Michelle Carr Crowe,Altas Just Call...408-252-8900!

Jul 02, 2019 08:19 PM #17
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Patricia Feager, MBA, CRS, GRI,MRP - I hope others will have a better knowledge of homeownership than I did when I was younger. Thanks for your kind words.

Jul 02, 2019 08:21 PM #18
Rainmaker
3,238,620
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

We see more young people waking up the equity that they can have in homeownership now more than ever.

Jul 05, 2019 02:28 AM #19
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

I see this more often as well, Sally K. & David L. Hanson 

Jul 05, 2019 07:08 PM #20
Rainmaker
5,346,704
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thank you very much, Rebecca, for sharing some of your home ownership experience.

Jul 07, 2019 12:52 PM #21
Rainmaker
2,494,472
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Thank you, Roy Kelley. Hope you and Delores had a wonderful Independence Day Celebration

Jul 07, 2019 03:46 PM #22
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Rebecca Gaujot, Realtor®

Lewisburg WV, the go to agent for all real estate
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