August 18, 2005 ~ Closing Day
In one afternoon, after signing a gigantic pile of paperwork, we became first time home owners along with a massive loan. We were told this would be our starter home, that we could sell in the next five or so years and put down the profit on the next home. So we bought with no money down. We had no idea the market would crash in 2008, causing the value of this starter home to plummet.