It would depend on the stage which I am in my life. If I am at a stage where I get a good source of constant income and payment option is good I will buy a house sure.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
You have said it all. No matter what it takes, I'll prefer to buy a house and pay in instalments after which I become the owner, than having to rent a houseI will prefer the buying of house by installment. I will endure all the pains of paying extra charges but will be glad that at the end of everything, the house is going to be mine. Renting a house doesn't make you the owner of the house even if you stay there for donkey years.
It is better for me to buy a house on monthly installment than rent an apartment because I'm very sure that after the payment of my instrument has become mind but the rented apartment can never be yoursBuying a house on monthly installments is way more expensive than renting a house because monthly installments is like saving up for a house. On the brighter side you wouldn't have to pay a dime after completing the monthly installment for your new home.
It is actually a no contest if you have a steady job and you can somehow pay the installment which is expected to be more than the rental costs. At first it would be difficult to adjust the budget but after a year the monthly installment would be like just paying a rent. That was how we felt when we moved from a rented house to the house that we bought by mortgage.You have said it all. No matter what it takes, I'll prefer to buy a house and pay in instalments after which I become the owner, than having to rent a house
Yes it's not going to be easy, buy will be worth it. In my country, the only way by which you can get a house by mortgage is not readily available, and the only hope of getting a form for the mortgage is if you know someone at the helm of affairs.It is actually a no contest if you have a steady job and you can somehow pay the installment which is expected to be more than the rental costs. At first it would be difficult to adjust the budget but after a year the monthly installment would be like just paying a rent. That was how we felt when we moved from a rented house to the house that we bought by mortgage.
But we can't because of taxes don't own a hose property I guess, because if we have the money to own one we should do and become a house owner as well. So renting a house is not advisable to be doing.The overall cost of homeownership tends to be higher than the overall cost of renting. That is true even if the monthly mortgage payment is similar to (or lower than) the monthly rent. Here are some expenses you'll be spending money on as a homeowner that you don't have to pay as a renter: Property taxes.
Renting does not overburden one with EMI payments, house tax and other legal issues that are part and parcel ...
So what will you prefer for living renting a house or buy a house on MI?
The best option is the monthly payment plan for your house ownership.just like you rightly mention,the peace of mind that comes with ownership of your own house is something to cheerish,Knowing that that money for rentage would be deployed into other use.There is notting as great as having a house as your personal asset or property. It saves you from the stress of monthly or yearly rent payment, and there is this peace of mind when you know you dont have to worry about next rent payment. the money used for rent can be invested in other things. It would be better to get a house of your own, once you finish paying. Its yours for life and you even use it to generate more income
It depends on your budget and on what you can afford at a particular time. Buying a house doesn't come cheap like renting a house but if can afford to buy a house, you should better go for it as it gives you rest of mind than renting a house.The overall cost of homeownership tends to be higher than the overall cost of renting. That is true even if the monthly mortgage payment is similar to (or lower than) the monthly rent. Here are some expenses you'll be spending money on as a homeowner that you don't have to pay as a renter: Property taxes.
Renting does not overburden one with EMI payments, house tax and other legal issues that are part and parcel ...
So what will you prefer for living renting a house or buy a house on MI?
Exactly, the money most people send on rent alone for a year or two can even be enough to buy a land and start a foundation. Rent these days are getting really expensive and most people tend to find it hard to cope with it. Then to top it up there is a constant increase in the rentage.The best option is the monthly payment plan for your house ownership.just like you rightly mention,the peace of mind that comes with ownership of your own house is something to cheerish,Knowing that that money for rentage would be deployed into other use.
The constant increase in the rentage is one of the major factor making some persons to start considering getting there own house.The money spent on rentage would be use to save for their own home and while this is going on,they get a smaller accomodation.Exactly, the money most people send on rent alone for a year or two can even be enough to buy a land and start a foundation. Rent these days are getting really expensive and most people tend to find it hard to cope with it. Then to top it up there is a constant increase in the rentage.
the opportunity of being a home owner if presented to me would be gladly received especially when payments should be monthly. It is a tough and rigorous choice to make but home ownership is a wise investment.
This is indeed true, and in most cases, the treatment gotten by tarnents from some of their landlords, one would really consider getting their own house. That was how we where given a quick notice for no reason, our rent had not even expire. The landlord's reason was that he needed the apartment for personal useThe constant increase in the rentage is one of the major factor making some persons to start considering getting there own house.The money spent on rentage would be use to save for their own home and while this is going on,they get a smaller accomodation.