My parents are stressing me out! Should I buy a house now or wait for a home I love? Plz read whole thing?

Ok so my parents have always been dumb with money. The blow everything they make and never save anything. Well we live in a trailer cuz they have horrible credit. They recently got good jobs making good money and went crazy. They bought 2 motorcyles, a hayabusa and a yamaha... dont know why my dad needs two... a jet ski, 4 wheeler for my little brother, sleep number bed, and got a 06 bmw x5 and they havent paid off anything so they make payments on everything... never put a down payment on anything and have HIGH interest rates.



well my mom lost her good job like 8 months ago. And got a job making 17 an hour but 25 hours a week. And now 3 months ago my dad lost his job and still hasnt found anything. Well they have ALWAYS came to me for money and I still live there. I am 22 and I am just now finished school and passed my test for a journeyman electrician. Well in the past, I have given them about 5,000 in cash that they said they would pay back (never happened) and then they came and asked me for a 1,000 more and i said no my dad got pissed kicked me out but i was back in about a week. Well now i have let them use my credit card for what they said 500 and it turned into 4,000! They are paying the bill monthly but still i hate having that in my name. Well the other day they went and traded in my moms06 bmw AND my dads truck for a brand new bmw x5! Cost 50,000 and they are having to pay about 45,000 of that cuz of course they owed a lot on their vehicles. Well the other day they asked me to pay the electric bill 500 bucks! I did cuz I do live there and I dont want to start a big thing again.



I am so different than them I SAVE all my money and I make pretty good so I do have a lot (they dont know how much I have) but I am doing this so I can get out! i need to get out now cuz i cant save any more money for a house becuase they are always asking for money and i am so mad. it makes me have a hate for them.



well there are only 2 houses i like on the market right now. one is in a subdivision 2 houses from the highway (i dont like that at all) but its a really nice house with good bedrooms and big living room. the oter house i like is one a culdesac road which i love but the rooms are small and the living room is not as big as the other one! I dont know what I should do. I really need to get out because I feel like my parents take advantage of me and they cant freaking make it without me... well they can but they would have to get rid of all the crap they waste their money on. I hate that they just rely on me to pay for things... it hurts and pisses me off at the same time. they know it makes me mad but they choose not to get rid of anything and keep asking me.



I have a good job, I have money saved up and can put 20% down on a home and still have thousands for back up money, I have paid off my truck, and I HAVE BEEN APPROVED for these houses!! Anyway what should I do? Just get one of those houses and get the heck out of there or wait for a better house to come along????... which who knows it might take months!! I know this was long but thanks so much for actually reading it!! I need some advice...My parents are stressing me out! Should I buy a house now or wait for a home I love? Plz read whole thing?
Wow, I admire your patience, and loyalty to your parents. What a man (?) of integrity! I don't own my own home, but feel you should be instantly impressed by the house you will own. It should excite you, and be as close as possible to what you want. Is a backyard important or BBQ's and future kids? Do you need lots of storage? Is locality important for commuting to work? I feel, and maybe this is just a woman thing, that part of you should ';fall in love'; with your future home. It is a major purchase!!! You have already been patient, maybe a little bit longer to truly find the RIGHT house, and not be hasty because of your situation. A house payment is a huge commitment to have for a house you just happened to settle for. If you really need some peace and space could you not rent a room somewhere for a bit?

Store your belongings in a storage center, and free yourself from having to rush into a decision.

I know I don't you, but from your question you seem to have a strong, honorable character.Some one who has worked hard to own a little piece of his own paradise (no mooching parents). I truly hope things work out for you, all that hard work, and wisdom deserves the desires of your heart!!!

Good luck~My parents are stressing me out! Should I buy a house now or wait for a home I love? Plz read whole thing?
get out get out get out!!!!!!! AND MOVE FAR FAR AWAY!!!!
wait
I don't think I would buy until finding the right house. I know it is a temptation since you want out of your current situation, however, if you should later find the right house and decide to sell to get into it, you will have problems selling for the same reasons that you are not eager to buy now. At that time you may lose the one you really want because you can't sell the one you're in.

From what I see, it is costing you a lot to live with your parents because you're their go to guy in a pinch. Would it cost you any more to rent a small apt until you find the house you want? If you could find a studio apt on a short lease at least you would be able to continue looking for a house without having to sit in their home being tapped for money to support their irresponsible lifestyle. That's not to say they will never ask for money again, but at least you won't be under their roof and available and when the phone rings you can always let it take a message.
Why is it that you cannot rent an apartment temporarily? Dont settle for a house with few options. There are thousands of houses on the market. Trust me, I have two properties, and only if I waited. I think you should move out of your parents to an apartment first. At least at that point you can familiarize yourself with the bill payment process and pay utilities and thigns like that. Also you become aclimated with how much money you typicallly spend monthly. Take back the credit card and move out into an apartment. Yes your pre-approval may expire, but what is the rush? Take your time in life. Rushing only transfers the problem, never fixes it.