Buying a house

[Inperfected]

What things will be neccessary when you go to buy a house? i.e. what will you be wanting in one?

Me and my SO are seriously considering a certain house at the moment, and just trying to think of the importnat things with it...

 

[Leanna]

Get it inspected either by hiring someone or getting a parent/aunt/uncle who knows what to look for.

Make sure you are pre-qualified for a loan.

When figuring out how much you can afford to pay on your budget, do not forget to include house insurance (required) and property taxes..... they add that onto your monthly payment and significantly increases the amount you pay each month.

Any specific questions?

 

[California Dreamin']

That would be awesome if you could get a house!

 

[Oblivious]

Off the top of my head..

- Inspection of house

- Pre-Loan approval

- Downpayment

Good luck!

 

[gracefaith]

Are you engaged? Otherwise, seems like it could be kind of sticky if you break up. You would have to divide up all your property like you were getting a divorce or something. Yuck.

 

[Carri20]

Definitely have it inspected before you commit to anything. I know someone who agreed to buy a house before having it inspected and found that the wiring wasn't up to code. Not a situation you want to find yourself in.

 

[Inperfected]

Mmm... we will get it inspected, but since it's a older friend of ours, we know he's kept it up to a good standard... And yes we are engaged, and we'll have it in his name, and combine it once married. Downpayment already, his parents have much money due to family dying, and his mum told him he had money for some kind of "investment"

 

[Leanna]

Inspection isn't just about up to standards. It is also about checking how the furnace is.... whether it is going to blow in the next year and then you need to buy a new one. Checking for water leaks here or there, how solid the foundation is, etc.... an older person is likely to not continually upkeep these kinds of issues and you better check it out rather than be sorry later.

 

[Inperfected]

Mmm sorry... didn't quite explain older right.. He's 35ish and kept it up to standards, but yes, we would be getting it checked... What things would you guys look for in a house, as in backyard, parking, close to work etc...

 

[bumblebee62331]

Deleted as it didn't seem to be helpful.

 

[Inperfected]

Sweety.... read the topic line... about buying a house...

But they were great points to consider anyway..

 

[bumblebee62331]

What things will be neccessary when you go to buy a house? i.e. what will you be wanting in one?

Me and my SO are seriously considering a certain house at the moment, and just trying to think of the importnat things with it...

??

Mmm sorry... didn't quite explain older right.. He's 35ish and kept it up to standards, but yes, we would be getting it checked... What things would you guys look for in a house, as in backyard, parking, close to work etc...

Double ??

I did, and I said all the things I would be wanting in a house. If you aren't going to rent, just disregard the renting bit. I'm sorry the rest of it didn't help you either, it took me a while to write out and thought it might have been helpful.

 

[Inperfected]

Sorry, i see how my dots could be taken in a negitive way. I think what i was trying to say was thanks heaps, those points actually REALLY helped me!

Sorry bout the confusion, i think i must learn to type better...

 

[Maeyken]

When my fiance and I get a house, I think some of the things we'll be looking for are # of rooms, size of rooms, storage space, layout of the house, yard space, neighbourhood it's in, schools, parks, stores... what's nearby, etc. But, we probably won't be buying a house until several years after we're married, so to start with we'll either be renting, or buying a condo. (We'd rather buy, but it depends on whether we can afford the downpayment)

For me, it's important to have a nice-sized kitchen... I like to cook and bake etc. and can't stand a cramped kitchen space.

One thing to look at is how long you're planning to live in this house. Is it just for a couple years? Will you be having kids while living here? (If so, need to consider a lot of kid-related things too). If it's just a "starter home", and you anticipate moving within say, 5-10 years, there's less to consider than if you're thinking of living there forever. Think about long-term suitability as well as what you want right now.

 

[bumblebee62331]

Sorry, i see how my dots could be taken in a negitive way. I think what i was trying to say was thanks heaps, those points actually REALLY helped me!

Sorry bout the confusion, i think i must learn to type better...

It's ok, I just had pms...