Casa Del Myers?
So I'm thinking about buying a house. I've had a lot of people telling me it's the smart thing to do. I especially liked Corey Mann's advice..."When you rent, you're throwing money out the window. When you buy you're throwing money out the window, but it lands in YOUR yard." But I'm young, I'm stupid, I need some advice. So here's my question for all you home owners out there. If you could offer me one piece of advice while I'm looking into this, what would it be?
6 Comments:
I don't have any house advice but I do have some advice for you.
Get some rest and take care of yourself my friend.
Thanks for you help tonight. You rock at your job!
hmmm...if you do buy a house and throw money out the window...i will sacrifically clean up your lawn! I must say I am not a believer in renting...but buying right means you go the 'flip that house' route...especially if you have friends that owe you!
by the way...i've linked you on my blog (andrewkaser.blogspot.com)
Good to see you yesterday!
matt says, "be picky. it's probably the most major purchase you're going to make. especially considering that it's a buyer's market, keep looking until you find a house that you really love. don't settle for a house if you think your search has been taking too long. it's a little bit like a wife- when you find the right one, you'll know."
i say, "location, location, location. cliched for a reason. if you are thinking about a certain house or neighborhood, take the time to drive between it and your job, your friends' houses, your favorite stores. you will be driving those routes hundreds of times and you want to be sure it doesn't suck. late-night runs to taco bell aren't quite as fun if it takes 20 minutes to get there, and driving to work grows exponentially more stressful the longer you are in the car."
the end.
1. Fixed Rate.
2. Look around, we bought a brand new house for the price of some that were 15-20 yrs old.
3. Work with Leah Hudson.
4. National City in Goshen was the best bank (at the time) we could get a mortgage through.
5. Don't make any sacrifices. Look until you find "The one." If you think, I can get by without that, you'll be sorry later.
6. List the top 15 places you travel to on a normal week more than once. Look at places 5 miles or less from there (unless you have a really nice car you like driving a lot).
7. Be aware of your neighbors and their resale value on their homes. If you have to sell down the raod, you don't want to loose money or be stuck with the house.
It amazes me how much I started taking both my life, job and relationships a little more seriously once I had something (and someone) beyond myself to take care of.
I agree with a lot of what Aaron said ...
1) Get Leah to help you
2) Don't rush into anything.
3) Find something practical that you can make upgrades to and build up it's worth.
Of course, I am going to agree with J on everything he said, but I want to add some things. Be patient and look at TONS of houses. Take some people with you who know what they're doing or just to get someone's opinion. Try to get educated on the housing market and get the most for your money. After you do all this, let's go to BW3's and get some grub.
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