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As first home buyers, we were just keen to buy a house, any house. After years of living in grubby flats and dossing with my mum (hi mum), anything that we could call our own was going to be paradise.

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Buying a car is one of the biggest financial decisions you’ll make other than buying a home-and making such a sizable purchase can be a challenge. One of the first buying hurdles to cross is whether to buy new or used, and while conventional wisdom suggests that a used vehicle is the economical choice, that’s not always the case.

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Ideally, you should stay in your first home for three to five years before you move again. You need to stay that long in order to break even on the mortgage. If you know that you will be transferring to a new area or will want to move up in size in a year, it might be better to wait to buy a home then.

It’s hard to believe. on top of a cup of coffee at home over breakfast, and another one at the office first thing, we all.

The cost of buying your first home. received wisdom has it that the cost of getting on the property ladder these days is prohibitively high. More and more millennials and young adults are choosing to stay in the family home, or rent long-term, rather than buy a property.

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How to Buy a First Home. Buying a home can be overwhelming, especially for first-time buyers. It will take a lot of effort to find and secure a home that is right for you and your family’s budget and needs. However, with proper planning.

The first thing to do before buying a home is to make sure it’s the right time to do so. Generally speaking, owning a home pays off financially if you will live in it for at least five years. Otherwise, there’s nothing wrong with renting .

Buying your first home is one of the biggest financial steps that you will ever make. It is important to take this decision seriously. You need to take the time prepare yourself in every aspect in order to make your home a blessing, and not a negative experience.