Buying a house to call your own

Hi quarvalsharess, Buying a house is a one of the largest investment you will make in your life. So, you really need to do your research about loans, closing cost and other fun-end and back- end fees that you sometime don't learn about until the last minute. Preparation, is very important when taking such a giant step toward home ownership. There are not quick decisions here. Having enough money for a deposit is one of the main requirements. Most of all you should really know what you want and where you want to live. Realtors can be very persuasive, so you need to stay alert. Communicate with Realtors, letting them know that you are planning, maybe not in the nearest future, to purchase a home. I am sure they will be able to tell you what to expect when you go forth. Check out books from the library. Good source. I would say, don't be in a hurry. Continue to save until you know that you will be okay diving into this venture. Being a home is a great experience with lot of responsibilities. Good Luck

Buying a home is an important financial milestone in your life. But there are also other things that you probably need to take care of. It is always a good idea to leave yourself some financial breathing room because buying a house that you can't afford can lead to serious trouble, particularly with the economy in the state that it is in. Read on for a quick guide on how to calculate the amount of money that it is wise to spend on a house. Before starting to house-shop, figure out your budget. Get a mortgage pre-approval - this will give you an initial rough idea of how much you can afford and your credit worthiness. The reason that it is important to figure out your budget before you go house-shopping, is because you don't want to fall in love with the wrong kind of homes that are outside of your budget. Don't get into the habit of saying "it's a perfect home but I can't afford it". If you can't afford it,it is not perfect. The trick is to find a home that fulfills as many of your requirements as possible, while staying inside your budget. I hope this will help you my friend. Ultimately, you have to take responsibility for your own decisions. Have a nice day! (please rate me) Thank you!

i've been thinking the same too. i really want to buy a house of my own. but with my salary i just can't afford it. i always think of some ways to earn. i really have so many ideas but usually i just cant seem to materialize it. both my parents are away working on the other side of the planet. and im hoping that if they do get succesful there. hope they just give me our old house. but still. i want to buy something that i can really call my own

My husband and I acquired our house through loan from a government institution. We are actually paying the monthly amortizations of this house. At least, we can already call it our own. Everytime we have money to spare, we pay the amortizations.

Honestly, I have the same dilemma, although now I'm sharing with 2 of my siblings and we have just bought a condo unit for us. It's a great investment, although it made me realize how much expensive buying your own place can be. It's not just the payment for the home, but all those extra expenses that can really get too expensive. My boyfriend and I wants to buy our own place before we get married, but with the expenses, I think we still have a long way to go before we can afford to buy our own place. It's hard to save specially when you have a lot of bills to pay and you just don't earn enough.

It takes time, so you need to be patient. You are not going to be able to do it over night, and very few people are. So don't get stressed about that. I haven't been able to do this myself yet, but I have a 5 year plan. So all I can say is that you should consider making a long term plan instead of focusing on what you can't get right now. I know it is a bit of a boring answer, but I think it is the only thing that really works, to be honest.

I love your post quarvalsharess!! That was my dream when i was young and still it is my dream up to now. I live in Philippines and it is also hard to buy a house in here. The downpayment is too way expensive. I always think of it but whenever i save money for it something very urgent comes. So, i need to spend some of my money for that. I feel so sad thinking that i am turning 27 too but still couldn't afford to buy a house. I just hope that we both have our own houses someday. Because of that dream.. i always join raffle tickets to get some prizes. I just hope to get the grand prize.. a house and lot and a car.. but i have never ever won...lol... anyway, we shouldn't lose hope. We still need to save money.

Actually, I dreamt of it since childhood, A house I could call my own. But I think that would only remains a dream. Our economic is continuously drying down. Cost of every single item goes up. How could someone be able to allocate certain amount for this? But let's not loose hope, who knows, maybe all our sacrifices will soon pays off? Just let the present be a gift for us and don't worry too much for tomorrow. Just let's do our best. Goodluck to our dreams.

Hi, Having own house is a good idea. Have more space and more freedom definitely. Don't rush yourself,buying a house will take time. You have to find a good house that you and your husband like and make sure both of you afford to pay for the 10% downpayment. Try to work hard when you guys are still young, Get a house that both of you can afford to pay off. The most important is don't get yourself stress up over the buying house process. Relax and take your time to see any new house area built up or any second hand house that you may interested .

The only way to solve this problem is to earn more money.It seems really hard for us to by a house. I'm looking into ways to make extra money.To own an apartment of myself likes a dream.Now I feel it is too hard to realise the dream. Or you can start your own businesses.Another way,use your money to invest some bonds and stocks.

I have the same dilemma. I have wanted for a long time to buy a house of my own but then with how things are right now it's hard to buy one! I remembered when I was a child, young people who have work on their early 20's were able to afford a house but now it's just hard. The down payment is really high if I find something I like in the part of of the city it usually costs too much. The more affordable ones are the farthest and the substandard subdivision that are so so small but quite pricey.

I've been dreaming to own a house myself since I was 20 years old...yet ten years later, here I am still living with my relatives and no house yet! I've been trying to save up for the house, but no luck yet. I am looking for house developers/sellers that offer no equity/down payment scheme. As this is the only way I can afford to buy a house, then get a housing loan from the National housing Authority. My target is 5 years from now.

Ya it is nice to have our own house.I know the respect we get from people when we live on a rent house and when we live on our own house.I had lived in for some years in a rent house and after that we buid a own house.I awas vey much amazed at that time.It is always nice to have a own house because it will be very pruod for us to say when anyone asks us that "THIS HOUSE IS MINE?

when i bought my first home i saved up the down payment first... you need a good job if you want a house.

Buying your own house even planning having that is planned of every responsible person.And having that with your own money can give you a lot of happiness and confidence.Just keep that faith of having your own house with the help of god also, soon you can have that.