What are peoples experiences in buying houses like.
Good/bad
Easy/hard
Long/short
General tips welcome.
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What are peoples experiences in buying houses like.
Good/bad
Easy/hard
Long/short
General tips welcome.
Get a good builders report before buying no matter how friggin cool the pad is.
It all depends on how much you can/have saved as a first time buyer.
Walk away if a place is above your budget, it's not the UK, honestly there is always something else around the corner
Vickmeist sez the wiring if it's an older place - amazing she is just like Sarah Conner and as fit
Vickmeist also said watch "location, location, location" if you are a first-timer as it gives you loads of tips - uk version
FT's advice
- buying a house is like marriage; get the wife to sort it out as long as it fits your needs.
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Cheap market at the moment I hear. Get in there and get in there HARD.
Just make sure you get a good builders report like FT said.
Just make sure you get a good builders report like FT said.
We will never fully decide who has won the football.
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"FT's advice - buying a house is like marriage; get the wife to sort it out as long as it fits your needs."
So true - SWMBO is the one that makes it into a "home". The one with the Y chromosome just views it as a house.
So true - SWMBO is the one that makes it into a "home". The one with the Y chromosome just views it as a house.
"Phoenix till they lose"
Posting 97% bollox, 8% lies and 3.658% genuine opinion.
Genuine opinion: FTFFA
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How many people on this forum has brought their own house/section/land before?
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We bought ours two years ago and love it. Much better than paying rent money to someone else. Does cost big $$ if things go wrong though
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We bought ours two years ago and love it. Much better than paying rent money to someone else. Does cost big $$ if things go wrong though
What's the house market like in Bosnia-Herzegoniva?
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Cheaper than here in general.
But that is offset by the possibility of a war breaking out at any given moment.
But that is offset by the possibility of a war breaking out at any given moment.
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Cheaper than here in general.
But that is offset by the possibility of a war breaking out at any given moment.
But that is offset by the possibility of a war breaking out at any given moment.
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Cheaper than here in general.
But that is offset by the possibility of a war breaking out at any given moment.
But that is offset by the possibility of a war breaking out at any given moment.
Definitely a buyers market!
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How many people on this forum has brought their own house/section/land before?
Owned the current house for 7 years now. It's the second house I've owned.
There is no shortcut so don't rush. Like people have said make sure you get a builders/engineers report. Also, make sure you get a good lawyer who is used to dealing with house sales. If you get a cheap lawyer it can bite you in the end. For example, if you buy a house that has had work done on it that didn't get a code compliance certificate or didn't meet the limitations of the resource consent then the cost of any remedial work becomes yours.
Also, completely disagree with the thought that it should be left up to the wimmin folk. Buying a house should be done entirely (if possible) by the head. When women get involved decisions start being made by the heart. I know this is a terrible sexist generalisation but I know my wife would agree. When they start saying "I love this house" it is going to cost you money, sometimes more than you are willing to pay.
Also, (I assume you will be financing the deal) not only should you fix most of your mortgage, you should split it up. Best is to split it into 3 bits. One bit you fix for 1 year, the next for 2 years and the last for 3 years. Then every time one of your mortgages comes due you re-fix it for 3 years. What this does is give you some protection against interest rate changes (i.e. if the interest rates suddenly jump up then it will only affect 1/3 of your total mortgage at a time). It is ok to have a 4th small bit on a variable mortgage, especially if you have one of those revolving credit deals. The interest on these is usually worked out on a daily basis so the way to make these work is for your pay to go directly in this account, to pay for absolutely everything on your credit card and pay your credit card off in full every month. This keeps your cash in the bank for as long as possible which minimises the monthly interest you pay and paying off the credit card in full means you don't pay any interest on that. It takes a bit of discipline though but it works.
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Personally Malky, I prefer paying a few bucks extra on my mortgage and keeping my sanity but not having to think about it too much.
On another note, buying houses is great because the mortgage can always be used to absorb blown out credit cards every two years!
On another note, buying houses is great because the mortgage can always be used to absorb blown out credit cards every two years!
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My partner and I are currently in the research faze of buying a house.
My experience so far is that you should accept advice from those close to you but NEVER let them become a part of the final decision! You will end up looking at properties that you dont really like just because they think they know whats best for you and think you are stoopid and naive when it comes to investing such large amounts of money!
"Ive just re-visited this and once again realised that C-Diddy is a genius - a drunk, Newcastle bred disgrace - but a genius." - Hard News, 11:39am 4th June 2009
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My partner and I are currently in the research faze of buying a house.
My experience so far is that you should accept advice from those close to you but NEVER let them become a part of the final decision! You will end up looking at properties that you dont really like just because they think they know whats best for you and think you are stoopid and naive when it comes to investing such large amounts of money!
We're the WELLINGTON Phoenix
And this is our Home
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