Buy a house

My unsolicited advice is for you not to buy a house yet. Look into investing in properties where tenants will help you to pay the mortgage. This way you won't get left behind by the property market. You are still in it, but you do not carry the burden by yourself. Seriously, the financial burden of managing a mortage when you are not ready for it is quite high. It could drive people into arguments, heart break, family breakups etc. Another alternative is to go into partnership with someone. Whether it is a person you know or not, ensure the paperwork is thorough - covering things like, who gets to live in it, how much rent is expected, who is expected to pay rates, bills etc., what will happen if one party wants to sell later and the other doesn't, what will happen if the two parties were to ever go their separate ways etc.. Best option is to go into an investment property by yourself first.

You could pay for the house by stages.But,you need to have enough money to pay the first time. Nowdays,the question about house is terrible.I hope you can earn more money to provide the load .

Everyone would like to have their own house. But prices are indeed high and seem to keep getting higher. - Well I think it's safe to say that people's desire to have their own house helps to continued high prices. THe demand is always high. Personally I think the prices have to stop going higher at some point, but I've been proved wrong time and time again, so who knows? THe main danger is that because things seem to be made so easy with loans and mortgages people sometimes get into buying a house that later they can't continue paying for. Or they can but they have to give many of the basic things for life and live miserable for ages. It's important to really balance everything and not get into anything that would actually make our lives more complicated instead of easier.

I think the prices for the houses are so high now.For our employees that work for others ,it's really true that we can't afford the house.But we should try our best to do it,evenif we are so tired. For me,I want to buy a house too.But I don't have so much money.I have a sister and a brother,they are in collage now and we are in the same city.So sometimes I should look after them,it also needs money.

My fiance and i just recently purchased our first home. Let me just tell you that it was no walk in the park. Firstly i suggest that you get preapproved for a mortgage. By getting pre-approved you are able to see just how much a lender is willing to give you to purchase a home. Once you know your average spending range, finding an affordable house will be easier. Also, when you are preappoved realtors seem to take you a more seriously, because they know that there could be at least the chance of you buying the house. When the ball does get rolling....read and document everything. I mean everything...from who you talk to on an item, to possible expenses. Do not think that the realtor is your friend. The realtor can be the nicest person in the world, but keep in mind they don't work for you. The realtor works for whom-ever is selling the house. Always considered the closing cost on the loan as well. The closing cost come from you. In our state you can ask the seller to pay so much of the closing cost, but first time home buyers must pay 3%. I personally don't suggest borrowing money from a relative. Just consider how much you can afford and go from there. Happy house hunting!

Hi! I am interested to find that "yzj" which is part of your name is also the abbreviation of my Chinese name. So, are you also from China? These years the price of house is rising tremendously in my country, especailly in some big cities such as Shanghai, that a lot of ordianary families just can not afford it.

Hi, we are in the process of trying to buy a house. Have you tried to get a morgage? that is what you need to do. We are low income and we got one. It not a high one but it is enough to get something we like. We should be moving in couple weeks. Right now good time to buy, at least where i am . Lots of houses for sale.

Well... if you can't afford a home I wouldn't jump in over your head with a house payment!! I am in a smiliar situation.. My husband and I haven't been able to move into our own home due to financial issues and we have a son who we want to bring up in our own family home, but hey financial issues bring up a lot of divorces and bring a lot more stress into the home!! I would never stretch our money too far out!! i would much rather be crammed and happy than in our own home and have a tense house!! I would weigh out all of the pros and cons and definately all sit down (whomever will be moving into the house) and see what everyone wants!! GOOD LUCK!!