First time home owner’s tips
Buying a house is a decision that is not to be taken lightly since there are responsibilities and risks involved. For first time home owners, there are also a lot of extra costs.
Pros of Buying a House
Property is an investment. Once the mortgage is paid in full, the purchaser of the property has a home to live in for good and a cash value if he or she wishes to sell.
Property prices have dropped considerably over the last 18 months in almost every country across the world, foreclosures are at an all time high, so now is possibly a good time to buy a house.
A home owner has the freedom to make any changes to the property or decorating choices without having to consult a landlord.
Cons of Buying a House
Financial costs can be a lot more than initially budgeted for, on to...