Wednesday, December 27, 2006

Finding Your New Home

When the time comes for you to make that leap and purchase your own home there is no doubt that you will be a little nervous. This is really a big step for you and it would be unusual for you not to be nervous when entering into a contract that is longer than you have probably lived. Add to that the fact that you might have been living pretty foot loose in an apartment community without all that much responsibility other than paying rent and you have the recipe for a sleepless night or two. But don't take it to heart, there are many reasons why owning your own home is a great idea, and here are two of those reasons.

1. Security and Financial Growth - Sure owning your own home is a bit more expensive from month to month but the price of your home will continue to rise as the years go by. There are ways, and you can look this up in your local library, for you to own a home outright within 10 years. This is a great thing but takes discipline and patience. So settle into your mortgage knowing that every month your home is worth more than it was the month before.

2 Freedom - Did you ever have one of those landlords that did not like you to do anything to the house, not even to hang a picture? And if you did hang that picture then heaven help you, you were going to have to pay for the repair. Well, guess what? You aren't going to have to worry about that any longer. When you own your own home you don't have to worry about what color you wan the walls or how much noise you want to make (as long as you don't disturb the neighbors) Just enjoy the freedom that owning your own home can provide.

Yes it can be a stressful time when you are purchasing your own home but if you keep these two things in mind it will help you to know that you are making the right choice for you.

When the time comes for you to make that leap and purchase your own home there is no doubt that you will be a little nervous. This is really a big step for you and it would be unusual for you not to be nervous when entering into a contract that is longer than you have probably lived. Add to that the fact that you might have been living pretty foot loose in an apartment community without all that much responsibility other than paying rent and you have the recipe for a sleepless night or two. But don't take it to heart, there are many reasons why owning your own home is a great idea, and here are two of those reasons.

1. Security and Financial Growth - Sure owning your own home is a bit more expensive from month to month but the price of your home will continue to rise as the years go by. There are ways, and you can look this up in your local library, for you to own a home outright within 10 years. This is a great thing but takes discipline and patience. So settle into your mortgage knowing that every month your home is worth more than it was the month before.

2 Freedom - Did you ever have one of those landlords that did not like you to do anything to the house, not even to hang a picture? And if you did hang that picture then heaven help you, you were going to have to pay for the repair. Well, guess what? You aren't going to have to worry about that any longer. When you own your own home you don't have to worry about what color you wan the walls or how much noise you want to make (as long as you don't disturb the neighbors) Just enjoy the freedom that owning your own home can provide.

Yes it can be a stressful time when you are purchasing your own home but if you keep these two things in mind it will help you to know that you are making the right choice for you.