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Additional Posts in Homeownership for Teachers

Signing off for the day! Looking forward to continuing the conversation tomorrow. Keep the questions coming :)

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Glad you are here to answer our questions. How exactly does landed work?

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What happens if a teacher you work with looses their home to a disaster like a fire or earthquake?

smart

Thanks for doing this! How did ya'll at Landed come up with this idea? Super interesting.

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My honest opinion is that biggest impediment to home ownership for teacher is our bullshit pay.

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My score is 620 nothing outstanding but my student loans are killing me. I cant get approve for a house

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I recently closed on a home and felt like I had to claw for 10% of my downpayment - didn't do 20. Do you think it was a mistake to not do 20? It just seems impossible as a teacher.

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How does your help help with interest rates if we're only putting 10% down. In addition to a meager down payment, I also worry abt interest :( Definitely didn't get into this for the money

What programs or resources do you have available for Texas teachers?

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Ah thank you so much for doing this! My husband and I are planning to dive into this this summer, but frankly it seems impossible. The downpayment thing is pesky

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I'm in my second year of TFA, and am thinking of sticking with this teaching thing (crazy, I know). I'm wondering if you have savings accounts I can use to work towards a down payment.

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I'm a younger teacher in a high COL area. In terms of wealth building, how does home ownership stack up to other methods like investing in stocks?

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Related to a teacher from Indiana who had to make a big repair, how do you recommend we budget for maintenance? I feel like we can work towards downpayment, but maintenance puts it out of reach.

likehelpful
likehelpful

What a great conversation so far! I’m headed to a couple meetings but will check back in soon - keep the questions coming!

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I like in Oklahoma where I make 34K per year. Houses aren't that expensive but on top of my other expenses, saving for a house seems nearly impossible.

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What's your favorite story helping someone buy a home? I'm going through the process now and it's so stressful. I need a little positivity :)

likeuplifting

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