Comments on: 11 Things To Think About When Buying A House http://www.moneysmartsblog.com/11-things-to-think-about-when-buying-a-house/ Investing and Personal Finance Sat, 11 Feb 2012 17:11:02 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Shaun @ Smart Family Finance http://www.moneysmartsblog.com/11-things-to-think-about-when-buying-a-house/comment-page-1/#comment-92450 Shaun @ Smart Family Finance Sat, 12 Nov 2011 11:59:13 +0000 http://www.moneysmartsblog.com/?p=478#comment-92450 "How's the school district" is still one of the biggest considerations for those that have kids and it explains why many in the middle class lives out in the suburbs. Crime as well. “How’s the school district” is still one of the biggest considerations for those that have kids and it explains why many in the middle class lives out in the suburbs. Crime as well.

]]> By: YFS http://www.moneysmartsblog.com/11-things-to-think-about-when-buying-a-house/comment-page-1/#comment-92449 YFS Sat, 12 Nov 2011 04:44:16 +0000 http://www.moneysmartsblog.com/?p=478#comment-92449 #5 is the best tip. I recommend only buying a house if it takes up less than 25% of your net income #5 is the best tip. I recommend only buying a house if it takes up less than 25% of your net income

]]> By: My University Money http://www.moneysmartsblog.com/11-things-to-think-about-when-buying-a-house/comment-page-1/#comment-92426 My University Money Thu, 10 Nov 2011 04:49:30 +0000 http://www.moneysmartsblog.com/?p=478#comment-92426 Sign me up for the short commute bandwagon as well! Ever since I read the chapter of Freakonomics about real estate investors, I can't stand the thought of their hands all over my cash! My number one tip is to buy a house rurally. Of course then you have to live a rural lifestyle which I know many people can't stand. I purchased a 1,000 square foot house, and it is very similar to a house my friend purchased in Winnipeg, MB (not exactly the Vancouver market). I calculated that if we were to each pay 25 year mortgages (which I won't and he will be forced to, but lets compare apples to apples), I would save myself about 300K over the lifetime of the mortgage. Sign me up for the short commute bandwagon as well!

Ever since I read the chapter of Freakonomics about real estate investors, I can’t stand the thought of their hands all over my cash!

My number one tip is to buy a house rurally. Of course then you have to live a rural lifestyle which I know many people can’t stand. I purchased a 1,000 square foot house, and it is very similar to a house my friend purchased in Winnipeg, MB (not exactly the Vancouver market). I calculated that if we were to each pay 25 year mortgages (which I won’t and he will be forced to, but lets compare apples to apples), I would save myself about 300K over the lifetime of the mortgage.

]]> By: * How to Save Money on Your Mortgage http://www.moneysmartsblog.com/11-things-to-think-about-when-buying-a-house/comment-page-1/#comment-71584 * How to Save Money on Your Mortgage Wed, 28 Apr 2010 15:02:07 +0000 http://www.moneysmartsblog.com/?p=478#comment-71584 [...] cutting corners — or giving up on that cute little corner lot.  It isn’t always easy. Not that home buying has ever been a particularly smooth and forgiving process. But with a tight credit market and [...]

]]> By: Home Costs To Consider http://www.moneysmartsblog.com/11-things-to-think-about-when-buying-a-house/comment-page-1/#comment-69839 Home Costs To Consider Mon, 12 Apr 2010 10:49:20 +0000 http://www.moneysmartsblog.com/?p=478#comment-69839 [...] how much work needs to be done your costs can easily rise.Carpeting – Clean or Buy New?Your new home may have nice wall-to-wall carpeting but when was the last time it was cleaned?  Perhaps its not [...]

]]> By: 41 Bloggers Share Their Best Money Advice | Squawkfox http://www.moneysmartsblog.com/11-things-to-think-about-when-buying-a-house/comment-page-1/#comment-56779 41 Bloggers Share Their Best Money Advice | Squawkfox Sun, 24 Jan 2010 04:51:15 +0000 http://www.moneysmartsblog.com/?p=478#comment-56779 [...] 11 Things To Think About When Buying A House | Four Pillars [...] [...] 11 Things To Think About When Buying A House | Four Pillars [...]

]]> By: 11 Things To Think About When Buying A House | Daily Venus Diva http://www.moneysmartsblog.com/11-things-to-think-about-when-buying-a-house/comment-page-1/#comment-54439 11 Things To Think About When Buying A House | Daily Venus Diva Tue, 05 Jan 2010 03:54:14 +0000 http://www.moneysmartsblog.com/?p=478#comment-54439 [...] {SOURCE} [...] [...] {SOURCE} [...]

]]> By: CharlieD http://www.moneysmartsblog.com/11-things-to-think-about-when-buying-a-house/comment-page-1/#comment-17736 CharlieD Sat, 30 May 2009 16:15:42 +0000 http://www.moneysmartsblog.com/?p=478#comment-17736 I onc e asked my dad what his biggest financial mistake had been. He told me that when he and my mom got married in the 50s, they had to decide whether to spend their nest egg on some furniture for a rental place or on a down payment for a house of their own. They chose the furniture (gone these many a year) and ended up not being able to afford a house - 4 kids later - until most of us were in our teens. I, however, ended up making basically the same mistake, and am only now, at the age of 47, working on getting a down payment together. I onc e asked my dad what his biggest financial mistake had been. He told me that when he and my mom got married in the 50s, they had to decide whether to spend their nest egg on some furniture for a rental place or on a down payment for a house of their own. They chose the furniture (gone these many a year) and ended up not being able to afford a house – 4 kids later – until most of us were in our teens. I, however, ended up making basically the same mistake, and am only now, at the age of 47, working on getting a down payment together.

]]> By: * Weekly Highlights: January 16, 2009 http://www.moneysmartsblog.com/11-things-to-think-about-when-buying-a-house/comment-page-1/#comment-12739 * Weekly Highlights: January 16, 2009 Wed, 08 Apr 2009 01:51:01 +0000 http://www.moneysmartsblog.com/?p=478#comment-12739 [...] 11 Things To Think About When Buying A House at Four Pillars — Mike offers a nice list of things to consider when you’re buying a house. [...] [...] 11 Things To Think About When Buying A House at Four Pillars — Mike offers a nice list of things to consider when you’re buying a house. [...]

]]> By: This and That: Another week, another giveaway http://www.moneysmartsblog.com/11-things-to-think-about-when-buying-a-house/comment-page-1/#comment-10343 This and That: Another week, another giveaway Fri, 16 Jan 2009 03:32:40 +0000 http://www.moneysmartsblog.com/?p=478#comment-10343 [...] Four Pillars wrote about the 11 factors to consider when buying a house. [...] [...] Four Pillars wrote about the 11 factors to consider when buying a house. [...]

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