logo
Previous Thread
Next Thread
Print Thread
#754513 03/31/12 07:13 AM
Joined: Jan 2008
Posts: 189
R
Jellyfish
OP Offline
Jellyfish
R
Joined: Jan 2008
Posts: 189
Not everyone should own a home. Here are some ideas to ask if you question Should You Own a Home

Rosemary
Editor

Sponsored Post Advertisement
Joined: Nov 2008
Posts: 5,391
D
BellaOnline Editor
Wolf
Offline
BellaOnline Editor
Wolf
D
Joined: Nov 2008
Posts: 5,391
Great article Rosemeary

We bought a home when I was married. I've refinanced it many years ago so now it's in my name. Big difference and major responsibility. No landlord to fix leaky pipes, keep the landscape up, fix the roof that needs fixing and the bills can be crazy sometimes...etc

But it's great to have the privacy and a place to call my own.


Dianne Walker

Action Movie Editor
Action Movies Site

How do I relax? I run!
Grandma to Half Marathon
Joined: Feb 2003
Posts: 14,392
BellaOnline Editor
Highest Posting Power Known to Humanity
Offline
BellaOnline Editor
Highest Posting Power Known to Humanity
Joined: Feb 2003
Posts: 14,392
I have found it wonderful to own a home, but i think the way i went about it was right for me. I found a house in pretty bad shape on a nice piece of property in a location i liked. The price was very good since no one wanted this house. Living in my RV in the driveway is pretty easy. Over time I can make my house livable, and in the meantime my mortgage is only $300 a month. You can't rent a place cheaper than that!

I think too many of us buy into the idea of getting the largest mortgage we can secure. I think that is a backwards way of going about it. I'd rather take my extra money and travel with it, or save it, or heck, buy more books. smile

Joined: Dec 2006
Posts: 493
Likes: 3
Gecko
Offline
Gecko
Joined: Dec 2006
Posts: 493
Likes: 3
Often times people don't realize how much of a liability a house is. In addition to mortgage and insurance, everything that goes wrong is the homeowner's responsibility - maintenance, upgrades, losses (such as leaks, sewage backups, etc...) and so forth. I realize that owning a house is the American Dream, but whenever my friends start bringing up the subject of purchasing a home, I always recommend that they get educated and do their due diligence to make sure that owning a home is right for them, or right at the current stage in their lives.


diamond engagement rings
*www.encoredt.com
Joined: Feb 2003
Posts: 14,392
BellaOnline Editor
Highest Posting Power Known to Humanity
Offline
BellaOnline Editor
Highest Posting Power Known to Humanity
Joined: Feb 2003
Posts: 14,392
I agree. You should not own a home because it seems like the 'thing to do'. People get sucked in, over their heads and stuck underwater that way.

Do due diligence!

Joined: Nov 2008
Posts: 5,391
D
BellaOnline Editor
Wolf
Offline
BellaOnline Editor
Wolf
D
Joined: Nov 2008
Posts: 5,391
I agree. Home ownership can be expensive, and you need to make sure it fits in the budget. Even something as simple as getting the lawn mowed when the lawnmower breaks can be expensive. A new lawnmower or pay the neighborhood kid $25 - just for the front!


Dianne Walker

Action Movie Editor
Action Movies Site

How do I relax? I run!
Grandma to Half Marathon
Joined: Feb 2003
Posts: 14,392
BellaOnline Editor
Highest Posting Power Known to Humanity
Offline
BellaOnline Editor
Highest Posting Power Known to Humanity
Joined: Feb 2003
Posts: 14,392
my answer to that is zeriscaping. Use local plants that don't need maintainence or watering. The US obsession with lawns is hugely unsustainable and expensive.


Link Copied to Clipboard
Brand New Posts
Inspiration Quote
by Angie - 09/24/21 07:08 PM
Astro Women - Birthdays
by Mona - Astronomy - 09/24/21 06:08 PM
2021: On this day . . .
by Mona - Astronomy - 09/24/21 10:07 AM
Prayers for the Stolen Trailer
by Angela - Drama Movies - 09/23/21 09:00 PM
TV Special Celebrates Opening Of Academy Museum
by Angela - Drama Movies - 09/22/21 08:54 PM
Sewing Projects for Repurposed Clothing
by Cheryl - Sewing Editor - 09/22/21 12:56 PM
Lammas to the September Equinox – Quiz *new*
by Mona - Astronomy - 09/21/21 05:46 PM
Autumn Equinox
by Mona - Astronomy - 09/21/21 05:19 PM
Death of an Old Tree
by Angie - 09/18/21 11:32 AM
Psalm for the day
by Angie - 09/18/21 09:50 AM
Sponsor
Safety
We take forum safety very seriously here at BellaOnline. Please be sure to read through our Forum Guidelines. Let us know if you have any questions or comments!
Privacy
This forum uses cookies to ensure smooth navigation from page to page of a thread. If you choose to register and provide your email, that email is solely used to get your password to you and updates on any topics you choose to watch. Nothing else. Ask with any questions!


| About BellaOnline | Privacy Policy | Advertising | Become an Editor |
Website copyright © 2021 Minerva WebWorks LLC. All rights reserved.


Powered by UBB.threads™ PHP Forum Software 7.7.5