bigbadbadger

When considering a house

May 1st, 2007

When considering a house, take into account not just the price, but the cost of maintenance, the land tax, the monthly dues, the proximity to important establishments and services, safety and a lot more. I know a guy who bought a house and just considered its sale price. After three months he was selling it at a steal, more than 50% off what he originally paid! This is because he didn’t do his research and was soon bogged down by rising debts because of maintenance, monthly dues and since its proximity to his workplace was quite a distance, his gas consumption too rised to a point that he was the one paying to work rather than get paid. So if you are on the market for a house, know everything. And I mean everything. Is something looks too good to be true, it probably is. Know what you are getting into first before diving in.

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