Are You Single and Buying a House?

When you decide to buy a house you’re making a very huge step and it’s a hard decision. It’s hard not because you don’t know if you should or shouldn’t, it’s hard because you know you’re going to pay a mortgage every month for long time.

This idea sounds very bad and it’s not something you can’t wait to jump into, anyway once you have fully paid the mortgage the house is yours and you should easily realize that, if you have the possibility, this is a better choice rather than renting a house for the same amount of time: you would pay your monthly rent and not own the house.

You probably won’t buy anything as expensive as your house for the rest of your life. The commitment is very big and owning a house comes with some responsibilities you wouldn’t have if you lived renting.

You’ll have to deal with lenders, pay the mortgage month and additionally pay for any problems that may occur such as fixing broken pipes, heating system and more. This shouldn’t cause you to think not to buy a house.

The most important thing you have to consider when you’re deciding if buying or renting is that, if you buy the house, after some years you’ll be the owner, otherwise you’ll have to pay a rent forever: this should be enough to convince you that, if you have the possibility, you should absolutely decide to buy it.

Most singles are so scared about the responsibilities of buying a house that don’t want to consider this option until they find a partner to split expenses and commitment.

It doesn’t matter if you’re single or you have a partner that will go through the process of buying a house with you: buying a house is a smart choice, being single will just make it a bit harder but this shouldn’t be a motive not to buy a home (assuming that for you it’s economically feasible).

If you think about what you really need you may decide to buy a house even if you’re single, and it might not be so hard: there’s no need to buy a very huge apartment if you’ll be living alone for long time. You don’t think that buying a small house is worth? Always remember that it’s a great value that you’ll be able to sell when you decide you need a bigger one.

If money doesn’t worry you, you can buy a huge house now and continue to stay there after you get married and even when you’ll have children. In the meantime you’ll have your own castle to enjoy with friends and relatives when they’re around.

You must keep in mind that you absolutely must not buy a house you can’t pay because you’ll be throwing your money away. Always keep in mind that you’ll have to pay your mortgage monthly: you know what you can afford, don’t buy anything more.

Moreover you should add to the monthly mortgage payment the expenses that come with the house like the condominium fee, or any yard work expense if you don’t want to do such work on your own.

When choosing a house to buy you shouldn’t settle for anything less than what you need: this doesn’t mean you necessarily need to buy a mansion, you just have to buy a house that you really like, but at the same time you should be able to pay the mortgage monthly without easily or sometimes you might have hard times paying the month. You never know what’s going to happen and you don’t absolutely want to lose your new home.