What information is important for buying a new home?
If this is your first time buying a home the purchase can quickly overwhelm you with details large and small.To keep you focused, here are 5 step-by-step tips. Cure your credit. Go to AnnualCreditReport.com, the only federal government-sanctioned service for obtaining a truly free credit report from one or all three of the major credit bureaus. Check your reports for errors, omissions and other marks that need attention -- before the lender gets a look. Pay the nominal fee to also get your credit score. The best mortgage rates require a credit score of more than 700. Learn how to boost your score before you apply for a mortgage. A low credit score can also prevent you from obtaining a mortgage.Check your budget. Without a budget you have no idea where your money goes, where you can cut costs and ultimately, how much money you have to spend on a mortgage payment. Budget how much house you can afford and what you really need. You may not need that $300,000 loan the bank offers.Get the money in the pipeline. Find your dream home and then discover you can't qualify for it will be a sinking feeling you'll never forget. Shop around, then get pre-approved for a mortgage so you'll shop within your means. The seller will see you as a serious buyer and you'll level the playing field with other bidders.Get married to the home you need. Like planning a wedding, you must decide what you can and cannot live without. The cans are wants. The cannots are needs. Be prepared to compromise, substitute and rethink what you really need.Get you ducats in a row. A 20 percent down payment will land you the best interest rate and the best terms. Ten percent down is better than 5 percent and so on. The more money down, the lower your monthly payment and the greater stake you'll have in the home.Visit MortgageMatch.com for all ten steps and a fuller explanation of the process in an article by Brigitte Mesa.https://www.mortgagematch.com/ho...
Should I buy a house or condo?
Both houses and condominiums afford tons of different styles and options. Buy a condo or a house, it all depends on you. Some common differences in house or condos are below which helps you to decide which is better.HouseA house affords owners a lot of freedom and independence when it comes to implementing their own ideas about design and style.“You get to choose what colour you paint the outside, or how you choose to decorate the exterior landscape,” Elder says. Unlike a condo, where someone else has already made decisions about the building’s décor and features, house owners can exert almost completely control over their home’s appearance and components.“The choices you make about the house are yours to make as long as they’re in line with the city bylaws,” Elder says.But that freedom doesn’t come without a price.CondoA condo is a great solution for a buyer who is after a turnkey lifestyle.“If buyers have a really busy life or maybe they’re not handy and the thought of doing anything in terms of upgrades makes them uncomfortable, then owning a condo is easier,” Elder says.The amenities available in a condo building are also a great perk. “There’s often a pool, a gym, a party room and more,” Elder says. “It’s an ease of living.”The high density of many condo buildings could be a good or bad thing, depending on the buyer. Living in a condo could mean having hundreds of neighbours, as opposed to a dozen. It may pose a problem for buyers looking for privacy.Plus, amenities, ease of living and turnkey lifestyle of condos are possible only with monthly maintenance fees, which often scare buyers away.“People are very maintenance fee-sensitive. They want them to be as low as possible,” Elder says. I found a link on the internet for any information click this link.... House vs Condo.
How much input do husbands get when decorating the house?
im not a husband. but how much do wives take their husbands into consideration when decorating the house? or is it one of those things where the husband isnt picky and just goes with whatever the wife wants? what do you do if your wife decorates the house too girly/feminine ?
What are the good and bad things about getting a condo?
I have lived in a condo my entire life and here's my list of pros and cons: PROs: - little outdoor maintenance, no mowing lawns, shoveling snow, etc. - Association is usually liable for large repairs, or repairs in common areas (plumbing inside walls, air ducts and furnace, etc.) - Usually a lower cost to purchase a condo than to purchase the same sized house in the same area, - easier to meet new neighbors - A lot of associations include most of you bills in the association fee ( water, heat, maintenance), so you don't have to send out as many bills every month CONs: - You may have some one living right next to you, under you or over you- they may be noisy to you or you (and the kids) may be noisy to them - You have to share common areas with other people who may not be a neat/courteous as you are - Condo associations may not always welcome pets - You have to abide by the rules set up for you by the association - Association fees may contain items that you don't feel you want or need (cable T.V., subscriptions to newspapers, fitness room, etc.) - You have little or no say in who is hired to do repairs and maintenance that the association is paying for.
What are the costs involved with buying a "cheap claimer"?
Say your a lifelong racing fan and have always thought about it. Is it relatively easy to cold call a local trainer and tell them you are interested in say a 3,000-4,000 claimer?
I sit here and ask myself “How does one manage to afford a 22 million dollar home in the Hollywood Hills in California?”. My lifelong goal is to own a house in these hills. What are some piece of advice one should take starting at the age of 17?
Really? You'd love me nothing better than to save up your entire life so that you can put down $22M on a villa for your retirement? I suppose you'll need a few million more for property tax and maintenance. I dunno, but those houses always struck me as more suited to families?Did you know that you could put that $22M into an annuity instead and get a million per year to fund your lifestyle? Personally I'd prefer that over a fancy house, but if you want to be poor in a fancy house then who am I to judge?I'm sorry for being rude. I'm trying to point out the sheer magnitude of what you're asking for. The people buying those houses have net worth in the dozens of millions or more. To get that requires essentially winning the lotteryy - literally or in sport, entertainment or business.You're talking one in a million. Something requiring a huge amount of hard work, risk and luck. Not only that but after winning the lottery, you're planning on flaunting your wealth via an ostentatious house.If you had said 'my goal in life is to be a business superstar' then that's one thing, and a side effect might be the ability to buy one of those houses. However starting with the reward just strikes me as weird. I can't imagine many stars went into show-business because they reatwanted a fancy house. It's just not enough motivation for many years of hard work.My suggestion would be to give it up. There is a saying that if you aim for the stars and miss then at least you'll get the moon. I think it's bullshit. My experience has been that people who aim for the stars spend their life daydreaming, while real success goes to people that simply try to be the best.Now, go prove me wrong :)