There are many home buying myths that people believe. The truth is, most of these myths are wrong but they can still deter people from getting onto the property ladder.
If you’ve rented your entire life and are now thinking about finally get your own house, be prepared to deal with a number of things such as maintenance, taxes and insurance etc. That’s the luxury of renting – somebody will always take care of you.
Not knowing something however is not reason to be afraid of it. It’s a reason to learn more and make a decision.
Talk to friends and family who’ve owned a house for at least 8 to 10 years. Ask about their experience, positive and negative, learn from both. This will also help you see the whole picture of expenses. It should help you figure out how to avoid potential troubles with your own house in future.
Also, it may help to hire a financial advisor who will look at your finances and tell what you can really afford.
The best way to eliminate any stress is to be prepared and realistic.
Go here to learn more about these myths first time home buyers have to deal with, and the facts behind them.
Home Buying Myths Vs Facts