Maintain your old Siemens Hipath system

Buying a House or a Home?

A house is just that, a house, until someone lives in it. That's when it becomes a Home. There's a big difference. At our house, we always say our home is "well lived in." And, with a family of six, four of them being between the ages of 9 and 15, this house has no choice! Our house, being in the family for over 65 years, is a well seasoned "home."

Who wouldn't love to live in a luxurious home with all the newest gadgets and high tech inventions? Well, I would venture to guess that most of us have thought of it. But, what's really important when you consider buying a home?

If you're a seasoned home shopper you may already have learned from experience what type, location, and price of home is good for your family. Setting some guidelines and priorities is a good way to start the hunt. First, make a wish list. This is a great starting point for anyone and will help get your priorities in order! Knowing what you want or need is half the battle.

This will include some essential questions you need to ask yourself also like, what you can afford?, are you willing to do renovations and how much?, and lists specific needs for your family.

Location, Location, Location...

Location can be flexible for some families, but must be specific for other families. Work, disabilities, and children are just a few factors that can influence location necessities or desires. For instance, if you don't want to commute long distance to work you will need to consider travel time to work. If you or a family member have disabilities that require special treatments or services, you will need to consider travel time to current providers, or consider availability of services in the new location. Local schools, and their reputations, will play an important role in location for those families with children, as well as neighborhood safety.

Affordability

There's no satisfaction in qualifying for a loan that you can't afford! Consider your other obligations and how the new payment will affect your budget.

Sometimes, scrupulous mortgage brokers and lenders don't really consider if you can actually "afford" the loan for your home. They boast that they can get "anybody" a loan. That's easy when you don't really care about the final results. Besides, it's a secured loan, which means, your commitment is secured by your property. They'll simply take your home if you don't meet your commitment. So, be careful. Always use a reputable company for your mortgage needs. They may not tell you what you want to hear, but they'll look out for your best interests.

GinnieMae.gov has a calculator to help give you some idea how much you can afford. Always live within your means to prevent self-created financial disasters.

When you know what you can afford, shop and compare. Hud offers a great home buying booklet at http://www.hud.gov/buying/booklet.pdf, Looking for the Best Mortgage, that answers questions and prepares homeowners for the mortgage shopping experience. There is even a form for you to keep track of home loan comparisons.

Don't be a Victim of Loan Fraud

The Federal Citizen Information Center warns consumers to protect themselves from predatory lenders! Before you make a final decision, take the time to review the 11 Tips on Being a Smart Consumer at http://www.pueblo.gsa.gov/cic_text/housing/loanfraud/loanfraud.htm

When looking for a mortgage, don't forget to ask about specialty loans. You may qualify for specialty loans if:

  • You're a Teacher
  • You are purchasing a home that needs remodeling.
  • You are a first time buyer

HUD answers 'Common Questions from First Time Home Buyers" at http://www.hud.gov/buying/index.cfm

Whether you're buying your first home or growing into a new home, you'll be successful if you take your time, know your priorities, and research all your options!

Happy Hunting. May the "House" you choose become a happy "Home!"

Cheryl Johnson is a mother of four helping herself and others become and remain debt free. Publisher of Simple Debt Free Living the Personal Budgeting and Debt Management site at http://www.simpledebtfreeliving.com - A self-help plan, ideas, and resources for budgeting, debt management, frugal living, and extra income opportunities. Money saving tips For groceries, clothing, gifts, home decorating, and buying a home.

In The News:

British tourist 'killed and another hurt in Argentina robbery'
Sat, 14 Dec 2019 19:21:00 +0000
A British tourist has been killed and another was seriously hurt after they were shot in a suspected robbery in Argentina, says local media.

'10,000' join biggest protest in Thailand since 2014 military coup
Sat, 14 Dec 2019 15:34:00 +0000
A reported 10,000 supporters of a Thai opposition party which could be banned by authorities have taken to the streets in the country's biggest protest since a 2014 military coup.

Caddie for top golfer banned after 'shoving' spectator
Sat, 14 Dec 2019 18:48:00 +0000
A caddie for one of the world's top golfers has been banned for the rest of the Presidents Cup after pushing a spectator in Melbourne.

Arsenal distances itself from Mesut Ozil post criticising China
Sat, 14 Dec 2019 09:40:00 +0000
Arsenal has distanced itself from comments made by its star midfielder Mesut Ozil about the plight of Uighur Muslims.

Nepal wants army deal reviewed before UK can recruit female Gurkhas
Sat, 14 Dec 2019 10:23:00 +0000
Nepal wants to review a military deal allowing the British army to enlist its citizens - before the UK is able to recruit Gurkha women for the first time.



tikatoshop.it

Erfahrungen mit Pallhuber Wein
Agen Bola SBOBET Terpercaya

Travel in comfort and at your leisure with CT Airlink Limousine & Car Service for top quality private transportation and exceptional customer service. We operate Sedans, SUVs & Vans for CT Car Services to covering all Connecticut airports including Car Service from CT to Newark Airport , Mohegan Casino Uncasville CT, Foxwoods Casino Mashantucket CT, Manhattan Cruise Terminal NYC, Brooklyn Cruise Terminal NYC and Bayonne Cruise Terminal NJ. CT Airlink hire licensed and friendly chauffeurs who have in-depth knowledge of the Areas.

Home Loans: Where Do I Begin?

So you've finally decided you've had enough of paying rent... Read More

Home Mortgages: Does It Ever Make Sense to Pay Points?

Interest rates on home mortgages are often quoted with and... Read More

Online Mortgage Loan Companies Are Convenient

There are many reasons to use the internet to take... Read More

Mortgage Information for the First Time Homebuyer

Inflation in the United States is increasing rapidly and home... Read More

Private Mortgage Insurance Basics

Will you be asked to pay Private Mortgage Insurance, or... Read More

Fixed Versus Adjustable Rate Mortgages

Which One Should You Choose?Choosing between a fixed rate loan... Read More

2nd Mortgage Loan After Bankruptcy - Get Approved Online

A 2nd mortgage loan after a bankruptcy is possible in... Read More

Mortgage Refinance - Tips to Help You Cut Fees and Costs

Saving money through a mortgage refi is more than just... Read More

Home Equity Loan Considerations

In other words, the benefit of the loan must outlast... Read More

What is a Homeowner Loan?

If you are a homeowner, it couldn't be easier to... Read More

Bad Credit Mortgage Loans Online - How Your FICO Credit Score Can Affect Your Loan Approval

When applying for a mortgage loan when you have a... Read More

Home Loans for Credit Challenged Borrowers

Just because you have negative items on your credit report... Read More

Flexible Mortgage Guide

Here is a useful flexible mortgage guide. Flexible mortgages are... Read More

Biweekly Mortgage

The biweekly mortgage has been around for years but with... Read More

Stock Market, Bonds, Deposit Account, Cash, Equities, Unit Trusts - Few, Just Few of the Ways of Sav

Man has been known for continually simplifying things in his... Read More

Homeowner Loans ? Drawing Lessons of the Past

Loans are not of a recent origin. People used to... Read More

Student Home Purchase Plan

Tuition costs are climbing, housing costs are climbing, it seems... Read More

How To Choose Your Mortgage Loan

Are you excited about purchasing your first home? Or maybe... Read More

What is a Self-Employed Mortgage?

Self-employed mortgages, as the term implies are mortgages designed for... Read More

Fixed-To-Adjustable-Rate-Mortgage

What is a Fixed-To-Adjustable Rate Mortgage?This type of mortgage offers... Read More

Be Prepared when Seeking a Mortgage

When you're looking for a mortgage, whether it's a first... Read More

What is a Fixed Rate Mortgage?

As the term implies, with a fixed rate mortgage the... Read More

Home Loans and Mortgages ? Beware of Deed Theft Scam

The average home in the United States has a value... Read More

Refinance Your Home Mortgage Online

The largest financial obligation most people ever take on couldn't... Read More

Imagine Cutting Over $8,000 Off Your Mortgage This Year

I once helped a customer cut over $700 off his... Read More