Everyone has heard that purchasing a home is one of the hardest decisions that anyone can make.
One of most important things to know that you are ready to buy a house is to educate yourself a bit.
First of all a house sounds like a good idea if you have finally decided to settle down and don't expect to move or leave the general area for about 5 years or so.

Buying a house is not just about having the financial means to do so. It also means being mentally prepared for the unexpected.

First of all every home, regardless of whether is is brand new or whether its a half century old will need some sort of care.

In selecting a home to purchase, don't sidestep some of the important steps that one needs to follow to ensure the integrity and soundness of the property.

A good property inspection will reveal items that you will have to watch out for. You may decide the home is in the right place, at the right price, but it may need work. You have to consider the amount of the repair, whether you have the funds to actually go through with them, or whether you expect 'sweat equity' to be the solution.

Although the market is not in the best shape right now; at this very moment is a buyers dream.
Home prices have never been lower.
If you think about it, we all need someone to live. I rent a place, and I wish i owned it because it is a nice place.

If you own, you will live in your own place. If you rent, then someone else owns it. The point is homes aren't like rain that comes and goes, we need them each and every day.

Therefore, consider purchasing yourself a stable place where you can live, enjoy life, and maintain some value.

There trully is alot to learn about purchasing and owning a home. But remember, there a many people out there that own homes right now and are managing just fine.
Whats the difference?

KNOWLEDGE

Learn what you need to know about your specific area so that when the time comes, you are well prepared, well informed, and willing and ready to take on the new responsability.

Owning a home can be one of the most rewarding experiences next to being a parent.

Its a small sign of some success in life.

Enojoy!

Amazing, we are in the middle of another month. For me this means that I have more bills to pay. I am sure that all of you are aware of the dealines associated with the different bills we get.
Today is not a day of smiles as most people have to pay their mortgages of face penalties.
Penalties are free money to lenders for no other reason other than as a fine for not having paid on time.
I sometimes wonder why people who can't pay on time are the first to have to pay more.
At times I wonder why it's not the people that pay early that should be fine. (Aren't lender's making less money since they can't charge interest for a longer term.)

Actually, I advocate for no fees at all.

I am sure most of you are aware that if you pay a credit card late, they charge you anywhere from 15 to 40 dollars as a late fee. (Even if all you owed was $20.00). You should also be aware that credit cards will almost automatically hit you with the highest interest rate possible once you haven't made your payments.

Not only that, if other credit cards know of your default; other credit cards who are getting paid on time can also punish you.

Someone once commented to me that banks no longer make the bulk of their money from interest earned on loans, but rather from the fees they charge people when they pay late, when they default, bounced checks, etc. etc.

The lesson for the delay...STAY INFORMED.

That is the only way to get ahead these days.