So you got that substantial raise you were waiting for, and since the missus is expecting, there will be another potential raise (a family to raise, that is...) coming up. Selecting the right house to become your dream home is very important if you would like to raise your child properly. Here are some considerations that will steer you along the right path:
Budget
Timing is not everything. Budget is. The right choice will make or break your finances because the mortgage will eat up a significant amount of your monthly pay – so the price has to be just right. The right price will help you save up for your own family business, so you can rise above your current financial status. Choosing the right price of your house would ensure your kid's college degree, so to speak.
Desired Location
A flexible budget will give you a variety of options on where you would like to raise your family. Limited resources would narrow it down to fewer options. However, that doesn't mean that those options are not as good as the highly priced alternatives. It's just a matter of having the right people to help you out.
No comments:
Post a Comment