Owning A Home

United States
January 11, 2007 2:18pm CST
Owning a home is a really big responsibility. I really didn't know how big it was until I purchased one myself about a month ago. Does anyone else out there know the what I'm talking about?
5 responses
@SageMother (2277)
• United States
11 Jan 07
Oh yes. We bought this home about 2 years ago andjust replaced the roof this past summer. We want to cut down a bunch of trees, build a pergola, and do some interior re-design, but you have to look for the codes and determine permits before you do ANYTHING! With all these things we want to do, we also need to upgrade the wiring in the rooms because this place was built int he first part of the 1900's, before everything had to be plugged in for electicity! Thing is....its great to be able to do the things you want to your living space. We refinanced to put thenew roof on and the property value had gone up by about $65,000...Ka-Ching!!!!!
1 person likes this
@craftwave (1339)
• United States
11 Jan 07
yes it is a big responsibility. My husband and I bought our first home last year. the owner had not done anything to it for almost twenty years. Now things are needing replaced. But I don't mind because i know that we will get the money spent on the house back because it increases it value when things are fixed. Unlike an apartment where you just pay and pay and get nothing back. So I think the trade off is great.
1 person likes this
@RAMPersona (2037)
• Philippines
11 Jan 07
in our city, in the suburbia, you can get US$100 per sq. m. of lot, i mean only land. amortization up to 25 years. for low-cost housing, US$100 per month for 25 years, 150~200 sq. m.
• United States
11 Jan 07
It is a huge responsibility but the BEST thing you can do. You are no longer paying someone else your hard earned money for rent, now your money is going into your home.
• India
11 Jan 07
owning a home is not a big responsibility but running it is