Everyone would like to own a home, but many don't realize when they trade renting to owning that there is a lot of stress that comes with that.
I was given a gift certificate for Home Depot for a housewarming gift and was a little confused till I was in the house a few weeks. There is always something that needs fixing in your house from a clogged toilet to a new roof.
Even when you have a steady job, making a mortgage payment every month is stressful. It is a whopping large bill for most to pay, and it is important to pay. Making your mortgage payment is one of the highest stresses for men, as they feel responsible for putting a roof of their families heads.
Your own home can tie you down more than a rental, in several ways. It is usually more expensive, so you have less money to go to movies and you might even have to miss taking a vacation. Also, upkeep on a home takes away freedom. There have been many a sad tale from couples who miss parties and football games because they have to mow the lawn or paint their kitchen.
As a renter if you don't like your neighbor or neighborhood, you can complain to a landlord or move, but with home ownership it is not that easy. Most things that aggravate us about our neighbors, like noise or barking dogs, you can't do much about. Living next to inconsiderate neighbors can make home ownership very stressful.
Soon after you move in you will be thinking of changing things and buying things for the house. It can be as simple as a new wreath to new kitchen cabinets. The stress from never being happy with how your house looks and always wanted to upgrade it can be stressful.
good list...and bad neighbors suck! Sorry...there's just no other way to put that one!
Very nice list of points for prospective buyers to consider!
Nice list for those thinking about buying a home for the first time. Well done list of 5.
This is a must read for prospective home buyers! You've covered many things we don't think of when entranced by the romance of owning a home.
select one here...