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#1
05-01-2013, 10:39 AM
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First Time Home Buyer
Any advice?
Where'd you go wrong or what worked out well for you?
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♥T R A L I N A 52 Druid | ♥P I M E N T O 29 Paladin | ♥C E R E N N A 52 Vicar
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#2
05-01-2013, 10:41 AM
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dont do it!
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#3
05-01-2013, 10:42 AM
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Quote:
I have the income to do it. Isn't it an ~INVESTMENT~
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♥T R A L I N A 52 Druid | ♥P I M E N T O 29 Paladin | ♥C E R E N N A 52 Vicar
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#4
05-01-2013, 10:44 AM
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I don't know if this is relevant coming from across the Atlantic but a generally good idea here is to save up as much as you can for a deposit beforehand to take the heat off some of the mortgage repayments.
Set aside/factor in a budget for redecorating, and be sure you can afford where you're buying. If you're going "above budget", be sure that you still have an amount to live on per month that isn't going to cause depression/$$ arguments with the significant other.. my best friend got married just under 2 years ago and bought a place that he's struggling to keep paying repayments on, and with a 2nd baby on the way its causing all kinds of drama [You must be logged in to view images. Log in or Register.] | ||
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#5
05-01-2013, 11:02 AM
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Quote:
__________________
Solsek - Wizard of the Advisor Robe
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#6
05-01-2013, 11:38 AM
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the american dream is a nightmare just waiting to happen. more debt isnt the answer, especially in your case. i mean you are young and presumably single, no kids. no reason to burden yourself with home ownership. shits not classic anyway.
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#8
05-01-2013, 11:50 AM
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is that the number for the pokemon police?
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#9
05-01-2013, 12:00 PM
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My only advice is to do a top down inspection on the whole place, including the lot. If you don't know what to look for, bring someone who does.
If it's a brand new home, look at other homes in the area to see if there are any red flags like an unusual amount of dead or dry plants, cracks in the street/sidewalk/driveways. Do lots of research basically. | ||
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#10
05-01-2013, 12:23 PM
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also why you wanna perma live in abq. santa fe so much nicer.
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