Thursday, August 6, 2009

I have decided to buy a house

Buying a house is an important decision in your life that requires putting in some real thought and effort. I have to thought this decision for several months before signing the mortgage papers and being tied down for the next fifteen years.

I began to calculate my monthly earning and how much i spent for a month.i calculate whether i can qualify for a mortgage. This is pretty basic because if you can't qualify for a mortgage you can't buy a house. It is a good idea to get pre-approved for a loan before you even begin looking at houses so you know whether you qualify and what price range you should be shopping in.

Actually i also hesitate about whether i can handle the financial burden. Beyond just being able to qualify for a mortgage i need to be ready to handle the financial responsibility. Will i be able to discipline myself to make that mortgage payment on time every month? Am i ready to cut down on personal spending and keep to a budget? That thought always make me fear to make decision to buy a house.

But a great decision must be make quickly so i have signed the mortgage paper because i am tired of wasting my money paying rent. I must face it; the money i spend on rent each month is like throwing my money away while a house is a great investment. i also have a lot more freedom to my own house.:)maybe the lasting i need to do after buying my new house is getting an insurance for it.

1 comment:

Asha said...

Earning money online never been this easy and transparent. You would find great tips on how to make that dream amount every month.
So go ahead and click here for more details and open floodgates to your online income.
All the best.

My Directory