Jan 10 2009
Been Around The Block?
I want to buy a home this year. This is one of the many goals I have for myself that will cause me to stretch my means to the extreme. I have looked at condominiums, single families, duplexes and even some three deckers. I’m not really sure yet what sort of situation I want to force myself into for the next 5 years. When I start thinking about 5 full years (at least) of being in one place, the doubts and questions start flowing of “do I even want to do this?”
The short answer is this; I want to maximize my finances as much as possible now so that I can have a little breathing room in my 30’s, which are the years in which I intend on finally settling down with family and kids (hopefully). The condo situation may not be totally right for me. I may just want to try and find a small, fixer-uper single family that I can afford so I don’t have to deal with condo fees and associations. That makes sense, right? But, there is the allure of having little to worry about in ways of building maintenance because like with an apartment, condos have repairs built into the condo fee.
A decision I have yet to make…
Exactly, buying a house needs alot of maintenance i will mention some that are just at the top of my head.Garden(lawn Mowing,fertilizing), snowblowing, keeping the furnace clean(changing the filter every month)and having the furnace maintenanced,heating bill, electric bill, all ofcourse would double if you are living in an apartemnet etc..
Hmmm,, well ok, i do not want to discourage you, especially now, great timing to buy and to get a loan. Take a look at foreclosures around you. And one more thing, buy a single home not town home, other wise you will have to pay associatin fee.
Is it worth it to buy a home and start to settle down? yup, worth every single penny
Good luck, wishing you the very best.