Home Forums Hunting & Shooting Hunter's Campfire Is your house paid for?

Listening to Dave Ramsey and he makes is sound like a rare thing to actually own your own home (no mortage).

I'm personally not there yet, getting close $13,500 to go on a $479K property (according to Zillow). Should have it knocked out by middle of next year. I'll be 55 years old when that last payment is sent in.

How about you? Paid off house? How old? What's it worth?

I wonder if Campfire members are a little more responsible than the norm? or not?

I am homeless.

finally at a point in my life where the house payment isn't an issue

Paid off at 55, 4 years ago.

I put a mortgage worth of paycheck in savings every month.

Zillow says $900k but I think that’s low.

Built her on 5 acres in 1997.

Finished paying for mine last July. Bought it when I changed my status to “single” in ‘99. Zillow says $480K, but I doubt it.

Our house is paid off. I was 42 when we paid it off. Zillow thinks our address is several miles away and only 5 acres. No comps anywhere near us, but I wouldn't sell cheap.

I'm 40, bought it when I was 23 and paid it off a few years ago, but it isn't really worth schidt. This whole area is dying, population is shrinking and properties not on acreage have decreased in value a fair bit. The price of acreage has increased about 10x in the same amoubt of time my house has lost about 30% of its value.

Oh well, it's paid for and the taxes are cheap 🤷‍♂️

Intentionally no. I refi'd into a 3% 15 year loan when I retired in 2015. We do own the two properties in Idaho and have for years.

Paid off 8-10 years ago, we are 53 and 48.

Most of my co-workers my age still owe.
Used to work with a guy who bragged that
"I borrowed $60k to buy my house, we owe over $90k now!"
He was in his early 50s (17 years ago) and was buying into
the equity lie. He owed more on his home than it was worth at purchase!
As its value increases, he borrowed more against it.

The banks have done an astounding job of loaning people into slavery.
As a kid, debt was a four letter word. "They are in DEBT"

Now, it is made to be a good thing that enhances your life.

Used to be folks focused on what was left of the mortgage.
Then the banks evolved the word "Equity".
Suddenly, instead of trying to pay off the loan, it was desirable to
mortgage your home again, for fűck around money.

I had mine paid off debt free other than wifeys car and a smallish heloc. 45 acres acres later I’m in a mortgage again but the timber is there to cover most of it

Payed mine off 8yrs ago, retired 2yrs ago. Enjoying life.

My wife listens to Dave Ramsey...I don't do pod casts

After two divorces.......I bought

My current property.....bought late in life......59 YO.....then retired from UPS...11 yrs ago

Current mortgage is @ 2% for several more years.......this is my only obligation other than daily living expenses

What's the farm worth ?? I have million dollar 360* views......but not worth near that to say the least by any means

Home/property values are going down in most areas.....interest home rates are pushing 7%...leaving some young buyers in the dust

So what's it worth.........23 acres....including .50 acre in the city limits (city sewer & water...annexed to get that ) the rest is county

Taxes for everything is about $1800 (bass turds) I estimate total value at $550K w/water share rights

Would I sell ?? No ........Rather content here......not going anywhere

my 'out the back door pics'

About 1.4 of them are paid off.

Helped move my first wifes grand mother every time her rent went up. I was young & loved hot rods, guns, 4x4's & motorcycles, & spent way too much money. But even then I knew I wanted a roof over my head that was mine by the time I was 60. Barely made it but a big deal IMO for retirement or even hard times.

I designed & help build the shack I'm sittin in & it won't make the front cover of Home & Garden, but the utilities & the taxes/ins. are bearable.

Morgage free in Arizona but the Gooberment still gets their rent check from me every years

should have the North FL house paid off in about 6 years. 20 years to pay a 30 year mortgage. The Miami place is free and clear though.

Had mine paid off since I was 50, 8 year old and me built it. Cost 70,000, worth 400,000 now. No notes of any kind is nice. More Sako money.

I do have a parcel in town I paid $30k for less than 10 years ago recent offer of $450k if all else fails 😉😉

Paid the house off in 1997.

I have a piece of property that is paid for but don't have a house. Not ready to be tied down to any one place yet. In 5 years I will be eligible to draw my 2nd pension and will fully retire and then I'll build a house on my property and pay cash for the construction. The $$$ for that is already set aside.