Finding The Best Time To Buy Your Own House

Renting should be thought of as the short-termmay not fit your family as well as the custom-built
solution to the housing problem. Let us not rush outhouse, but it may be a pretty fair fit, and you can
and buy a house, and get stuck too permanently inlive very happily in it.
one place. Don't be in too big a hurry to buy.A tailor-made house will probably cost more than a
Renting will provide a place to live, without too muchready-made one, but whether it will be worth more
capital investment, and will permit you to movewill depend upon the wisdom of the designer, the skill
without too much trouble, if necessary.of the builder, and the cooperation of the owner.
If you have moved to an entirely different part ofIn this present chapter we shall consider only the
the country, you should be careful not to buy untilproposition of buying a house already built. In a later
you have decided for sure that you intend to stay. Itchapter we can go into the problem of actually
may also be better to rent for a year or two, untilbuilding your own house.
you discover what town or what part of town isIt costs something to keep a roof over your head,
best for you.any way you do it. It is one of the expenses of living
Sometimes a good house can be rented for a year,just as food and clothing are.
with an option to buy included in the contract. ThisThe question to decide is how to get the most
gives you more time in which to make up your mind.satisfactory roof with the least expenditure of time
Buying a house is a large undertaking, which shouldand energy.
be given plenty of thought and consideration. In theThe ownership of a home is now within the reach of
meantime, renting is obviously the thing to do. If youany person who has the determination to go out and
rent in the part of town where you think you mightget one. It may take time and it will certainly take
like to live, you can study the neighborhood to findeffort, but it is greatly worth while.
out whether it is just the district you want or not.The satisfaction of having a place of your very own,
When you have decided exactly where you want toa fortress from which you can defy the cruel world,
live, it is time to begin thinking of buying or building.a headquarters for your living, a place where the
Buying a Houselandlord does not tell you what to do, and particularly
It is too bad to get a house bought and then decidewhat not to do; these are some of the Why do you
to move. But it is equally unfortunate to postponewant a new house? Are you tired of renting, or has
buying too long. Rent money is lost and cannot beyour family outgrown the present house? Or are you
recovered. If you are reasonably sure that you arein the wrong neighborhood? Or is the house getting
permanently located, that is for five years or more,obsolete? How much do you want a new house?
then it is time to begin to think about buying orEnough to spend the best years of your life paying
building a good permanent home.for it?
Perhaps the ideal way to get a suit of clothes wouldWhy should a person own his house?
be to find a good tailor, have him take yourBecause he does not like to have a landlord come
measurements, and help select a suitable fabric; thenand collect a big price every month for the privilege
let him make the suit. But most of us go to theof living in his rundown old house; because the
places where they sell ready-made suits and buypayments he makes on his own house gradually give
them di¬rectly. This saves time and is usually lesshim an equity in the place; because it saves the
expensive, though admittedly the fit is often notnecessity of moving so often.
perfect, and the tailoring somewhat less than mightIn a rented house a person can't make any changes
be desired.without permission and then he doesn't want to
It is a good deal the same way in getting a house.make them anyway, as he may have to move soon,
You can hire a good architect to design you a houseIf you want to buy a house it is well worth using a
and find a reputable contractor to build it, or you canfree mortgage calculator to save you money on your
buy a house ready made. The ready-made housemortgage.rewards of owning your own home.