My partner and I are planning to start a new family, but we don't have any property yet, like new house. Please give some advise on how to start up a new family.
Well..first, congratulations! It's a new chapter of your life. Second, financial is an important part of our life, don't rush in to buy a property first, even though, it's a good time to buy now. Make sure you have enough saving before you buy a house, 'cause it's a long time commitment. I see people buying a house with 5% down, after all, most of money you put in will go to interest. I'd suggest don't buy it yet until you have at least 20-30% down. And don't get a huge house the first time. The best way to do is, buy a small one like 2-3 bedroom, try to pay it off, then buy the next one. I have read many investment books, and all the experts say the same thing. Good luck to you!!
congratulation! buying a property takes time. you cannot simply buy something that you will regret later. you must balance up between your needs and your financial status. otherwise, you will lose all.
first of all I want to congratulate both of you! settling down & planning to settle is not an easy plan, it takes courage & guts..lol seriously first you both have to consider your emotions, are both of you already have a fix mind on that, i mean on what you are entering to. Marriage life is happy in the first months but as times goes hardships will come that will test both of you how stable your emotions are. second to being financial stable. You both can start renting a house, both of you can work first then earn & save. It's a long process that needs determination & be goal oriented, don't be afraid or shy to ask help to a family or relative.
take some more time and work hard to get them,though it is not important,but it will be after some time,so take decision from both brain and heart,best of luck dude
Hi there, How wonderful that you are starting a family - I agree with some of the members here - you don't necessarily need to own a home to have a family - my husband and I had six kids and we have never owned a house - our children have left home now, but they always knew that home for them was where we were and in my opinion there are things like love, stability, honesty and caring in a relationship between you and your partner that are more important than whether or not you own a house. Good luck to you - I honestly wish you well Lisa
Yes, you have to be financially stable. There are some lending institutions that are now available if you really want to have a house. It is not necessary that you pay them the whole amount. If you both have a job or business, you can pay them soon. But most especially, you must be ready to face the new stage of your life.
It doesnt matter if you start a new family without any property, you can plan to save money now for your future
umm i can suggest looking for a nice property near a sewage or some other fowl smelling place and grow weed ( the surrounding smell will help ) and in 12 months you could buy 2 houses.
Hi MoneyNowUsa09, its good decision to ask for opinion. Buying a property not just easy as 1-2-3. First you have to ask yourself if you can afford buying new house. You also have to choose a place that is accessible.