Skip to main content

How hard a decision is it to buy a home?

What does it take to save enough money for something? After years of frugal living, you believe that you finally have what it takes to buy your much coveted home. You now have some savings. You are about to take the home acquisition plunge. The prospect of owning your first home is within reach.

But what kind of a home would you want and where shall it be located? Decisions, decisions. Additionally, other significant items must be studied like affordability, is it of fair market value, what methods of acquisition are available, would it be cash or cash plus mortgage payments, what are the down payment options, interest rates, property taxes, etc.

Is this what the Brits need to evaluate at this point? If you have saved enough and find yourself much like the rest of UK residents, who according to a study spent a “combined £1.9 billion” for luxury items instead of going into the housing market, then what gives? Unconfirmed apprehensions draw people away from their original objectives.

In the same study, it was revealed that “potential home buyers believe that they would need 23,000 pounds before they can start looking at buying a home.

With all this unsupported notions and the consequent decisions to be made with respect to a home mortgage or a home purchase, it is always good to consult the professionals. In studying the alternatives, diligence is the name of the game. Prudence is the best course in approaching any financial decision - only full comprehension based on a well studied set of choices and alternatives will make it right.

Popular posts from this blog

Living with City Density

It is a must that we curb our population growth
Guesstimates peg that  Metro Manila's population has grown to almost 15million  today. In 1974 while doing my OJT at POPCOM, national rowth rate was 33% and Metro Manila's population at that time was 4 million.  Today it has bloated to almost 15 million after rate was said to have been  'reduced' to 32.1%. Not much improvement really.
Metro Manila population has grown alarmingly fast.  We all know what this means. Living and  health  conditions deteriorate.  Poverty becomes the order of the day. If there are more than 15,000 individuals on a mere square kilometer, you can imagine  pollution, over crowding, resources dwindling and then disease not to mention managing flood disasters in the magnitude of Ondoy and Pepeng. Poor social and economic conditions prevail if not worsen.
The Reproductive Health Bill has been approved.

Living Money

"Charity degrades those who receive it, and hardens those who dispense it."

"Money is not neutral; it changes everything, including the ability to neutrally judge what people will or will not do for you."

Living Love Letter Book

A Book About Wonderful and Amazingly Written Letters

I found this link and it tells about a book about letters written from the heart. I specifically love this one written by a dying mother to her daughter.
Check it out I guarantee that if you haven't written a snail mail in a long time, this will encourage you to write something again on paper and mail it through the Postal System.