Do you have helpful ideas on buying a home?
Do you have any tips or horror stories about buying your first home?
My father gave me good advise on this. He said to get a conventional loan that has no pre-payment penalties clause. Then get the LONGEST loan you can get (most number of years to pay off.) Then... your payments will be very LOW and you are in control more than the bank is doing this. HERES WHY: Every month , you have the option of paying more on the PRINCIPLE. Just write that on the check... "apply to the PRINCIPLE." do not let them apply it to the NEXT months payment! Now every month you add a few bucks extra to the payment...is EQUAL to making a whole payment (because of the amortized payment amounts) If your family never falls on hard times, you will pay off the house in RECORD TIME. If however your family has a JOB LOSS or other tragedy... then for a few months you only make the REGULAR LOW payments.... untill you get back on your feet. This puts YOU IN CONTROL so you have the choice to make big payments when money is good... or low payments when money is scarce.
Know your budget and stick to it. Get a reputable realtor and tell them your price range and DO NOT let them show you houses above your range. Try to look at it with an inspector's eye. If you do purchase, always have the sale contingent on an inspection.
Remember your realtor is there to help you--but they are also working on commission so they want to make a sale.
by jaydawg8083 years ago
Do any of you think you can afford buying a home in Hawaii?When the average price of a house is around $550-$600,000?
by SNSProps6 years ago
Buying a house is a major choice. There are over a million homes for sale at any particular time. A number of national sites only have a partial or outdated listing of those homes - but they don't have that information.
by Brittany Rowland17 months ago
Sorry if this is dumb, but all this time I thought I had to reach $10 in Adsense to start receiving payments. But is it $100? I find the site frustrating to navigate, and I hoped someone here could explain it better. If...
by Carolee Samuda14 months ago
I finally reached Adsense payout last month but all I see is that payment will be sent 'by' the 31 of May. Does that mean that payment could be any old date or will it be made 'on' the 31st? Not sure I understand what...
by Jamie Brock5 years ago
I was informed I had been issued a payment but it's been put on hold because I haven't submitted banking account info. The last 2 payments were checks that were sent to me in the mail and I loved it that way.... but...
by ViralWhisper6 years ago
Many people are literally abandoning their house to get rid of their slavery to their mortgage payments. Some people did it after losing their jobs and others did it after losing their retirement money and losing their...
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