Gail Vaz-Oxlade has written an excellent post about the steps to home ownership. It's in my future goals to own a home, in fact, I'd like to own one before I'm 30, which is approx 6 years away. If I start to save for an eventual downpayment when I get home (in 2010), that gives me 5 years.
However, this article really enlightened me about the true costs being buying a home. Of course, things like the cost of new furniture/dishes/other household items, as well as the obvious (bills, mortgage, etc), things like 'closing costs' and other home-buying fees didn't cross my mind.
I'm really going to have to sit down in the future and budget a future plan for my home-buying adventure. Check out the article if you're thinking of buying a home in the future.
1 comments:
There are lots of costs to consider with owning a home (insurance, furniture, etc.) but it is really worth it in the long run. Also, getting creative about things can lead to great savings. You're wise to start thinking about this now!
Jerry
www.leads4insurance.com
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