Wednesday, January 25, 2012

Before you get a First Time Buyer Mortgage ask Yourself "Why is it important to own a home?"

By David Rogers


Having decided the answer to the question"Rent Or Buy" you are thinking of taking a First Time Buyer Mortgage. It is a BIG committment. So why then is is it important to have a house?

In this piece I'll try and debate some of the ideas and reasons I think it's vital.

Being human everyone have some basic wishes in life. And those basic needs are truly very important to survive in life. What are those basic desires that must definitely be satisfied so as to survive in life? Well, among several different things which are crucial to live a correct life, there are 3 desires that are needed for every human in order to survive, and those are the food, clothing and shelter. In present time we are trapped by different opulent products and technologies products in a way that we often overlook the need to live in our own clean, decent home. However , there was time when owning your own property was one of the main objectives of people in their life. As its one of the essential necessities in life, I believe we must give top concern to owning a home in our life, along with other necessities like quality education of children and delicious food. There are a few benefits associated with owning a property. I am going to explain a few of them in the articles as we push on.

When take on a first time buyer mortgage you have a house or property, it boosts you to the next commercial level as this is a life time investment and it is going to be added to the list of your assets. Do you know what the best thing about this investment is? There are truly immaterial chances of loss in it. It is often because the prices of property keep on accelerating the majority of the time. Oh sure, there are times of slow growth and infrequently a depression but generally, and I mean over years, it's customarily a quality investment. As it is a life time investment, one can keep passing it on to the subsequent generations. And do you not think that's amazing? Because your youngsters will not have to fret about finding a place to live their life as you can provide them one. If you're a person who want to live a tranquil life and don't need those fussy owners to raise the rentals every other month or year, then owning your very own home is actually a brilliant option for you. There are people that think owning a place will cost them too high and they can't afford their own house. But listen to me there is nothing impossible in life. If you think that you are on a small budget now, don't lose heart because different money institutions like banks and other setups now offer home loan plans at very low interest rates. Don't you think its option to get your own house instead of paying rent to others?

Remember that finding a perfect property which you can name your home is truly very important, and many people find it tough job to do. But if you are determined and you have that robust will, then you will definitely find how to it. You can apply some basic buying rules on it. First, decide the area where you want to live as that will narrow your hunt. Then search for different homes in that area and that's straightforward because you have got an glorious research source that is "Internet". Once you find the one which matches your requirement, you can go for it.

If you do not have any idea as to how to deal with property and you aren't acquainted with purchasing a home or property then hiring someone who is in this field would be a superb idea for your place hunt. It can be any person your friend, relative or the property agent but best of all is an Independent Financial Advisor. With these you can bounce round the neat ideas and choices to find the best place for your home. If you desire hire an estate agent or Independent Finance Adviser for this, try to find the one which is experienced and competent enough to get you great discount from the existing householders.

Just relax and wait for the right opportunity or offer. Now that you could have your own house, you do not have to worry anymore about those house rents, or fear of being driven out by the landlord. Keep in mind that whatever you can invest in. Your property will be there for whole of your life. So I'm of the opinion a great attainment for someone is to have a house or property in life. Hence, you can enjoy many years of peace and security if you are the owner of a home.




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