Going to buy a house in the suburb. Need help. - Sybermoms Parenting Forum
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post #1 of 16 (permalink) Old 12-28-2016, 09:15 PM Thread Starter
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Going to buy a house in the suburb. Need help.

Hi,

We are living in a small rented apartment. My son is 5 years old now. We are thinking about buying a new house in the suburbs.

Originally we had that idea when our son was born. but had to drop because we were not financially solid. Now we are in a position to handle the budget. Our son is growing up fast and I think growing up in a neighborhood will benefit him.

As said, we are thinking about getting a mortgage loan for buying the house. I was going through the instructions for obtaining a loan and found this page about down payment and appraisals. https://www.butlermortgage.ca/mortga...e-home-buyers/ What are the major differences when it comes to the economic benefits in the long term? I heard somewhere that opting for a long duration and lower down payments can help in cutting down on taxes.

So, please help us on this matter. Has anyone bought a house on loan? How did it go?

Tanks in advance.
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post #2 of 16 (permalink) Old 03-21-2017, 06:08 PM
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Buying a house is big financial decision. Some people delay this decision as they would like to buy from own funds. i hope these articles would help you in your decision:
http://www.investopedia.com/articles...s-mortgage.asp

http://www.nitinbhatia.in/home-loan/...ith-home-loan/
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post #3 of 16 (permalink) Old 09-09-2017, 03:14 PM
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I just saw your post. It's been a while. Did you already buy or did you end up staying in the apartment to keep looking for a home to buy?

If you are still looking I'd be happy to share some advice.

Best,
Cliff


Quote:
Originally Posted by Planetgreen View Post
Hi,



We are living in a small rented apartment. My son is 5 years old now. We are thinking about buying a new house in the suburbs.



Originally we had that idea when our son was born. but had to drop because we were not financially solid. Now we are in a position to handle the budget. Our son is growing up fast and I think growing up in a neighborhood will benefit him.



As said, we are thinking about getting a mortgage loan for buying the house. I was going through the instructions for obtaining a loan and found this page about down payment and appraisals. https://www.butlermortgage.ca/mortga...e-home-buyers/ What are the major differences when it comes to the economic benefits in the long term? I heard somewhere that opting for a long duration and lower down payments can help in cutting down on taxes.



So, please help us on this matter. Has anyone bought a house on loan? How did it go?



Tanks in advance.





Sent from my iPad using Tapatalk
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post #4 of 16 (permalink) Old 05-07-2021, 09:04 AM
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post #5 of 16 (permalink) Old 05-10-2021, 06:29 AM
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I know how hard it is to find a reasonable offer to buy a house. Especially when you are a young mom. The thing is that when I see these enormous amounts of money, I can get very depressed. But, at the same time, I want to offer my kid a better house under his head. This is why I used home loans by DollarBack Mortgage. They got desirable terms and conditions and came with an exciting offer. My husband accepted it, and now we live in a very grand house, and we pay not so much money. I think that they got the best offers on the market.
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post #6 of 16 (permalink) Old 05-19-2021, 05:26 AM
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If you're planning to buy a house, make sure that you consider your child's welfare.
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post #7 of 16 (permalink) Old 05-24-2021, 09:01 AM
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Try looking for a real estate agent on your state. It will be easier. 360 Panoramics
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post #8 of 16 (permalink) Old 05-29-2021, 06:42 AM
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You can search it for yourself and pick the right one for you!

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post #10 of 16 (permalink) Old 06-01-2021, 07:22 PM
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If you found a house to stay, you can also visit Our site to secure your house from molds and also your son's health.
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post #11 of 16 (permalink) Old 06-02-2021, 04:42 AM
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If you really want to buy a house, always consider if it will be a good environment for your kids. fencing company charlotte
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post #12 of 16 (permalink) Old 06-02-2021, 12:08 PM
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What state are you in? I might help you out though. roofing jobs Cincinnati Ohio
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post #13 of 16 (permalink) Old 06-09-2021, 12:59 AM
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post #14 of 16 (permalink) Old 06-09-2021, 10:01 AM
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post #15 of 16 (permalink) Old 06-09-2021, 10:05 AM
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I'd like to talk more about this subject? Anyone have some opinions on what was said here?
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post #16 of 16 (permalink) Old 06-09-2021, 10:07 AM
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