Owning your first home
By weevee
@weevee18 (2065)
Philippines
August 19, 2017 10:52am CST
I'm not married yet though my boyfriend and I are already talking about it. One challenge is owning a house. It will, of course, be expensive hence the challenge. We both are earning just enough for our family and our own needs. What would you suggest that we do?
11 people like this
9 responses
@resukill22 (25050)
• Las Pinas City, Philippines
19 Aug 17
I think don't waste your money for the useless and unimportant thing. You have to save your money for the better future.
2 people like this
@resukill22 (25050)
• Las Pinas City, Philippines
19 Aug 17
@weevee18 yes thats very good for you. It's more fun to have a quality time with your family, and very important is you save the money very well
2 people like this
@weevee18 (2065)
• Philippines
19 Aug 17
@resukill22 indeed. Thank you for your advice :)
2 people like this
@rosedust82 (2066)
• Philippines
19 Aug 17
I like how you are already thinking about that. If you both are committed in getting that then go and start. Try to scout for real estate properties for sale. Discuss how much you need to save and how much everything will cost - include processing fees, taxes etc. Check if you can also get a housing loan and see how much that is. From there, the two of you can figure out how much you both need to save in order to reach this goal. I just bought a house last year and I had to go through a lot of steps to get it transferred to my name... not to mention so many expected (and unexpectes) expenses.
1 person likes this
@rosedust82 (2066)
• Philippines
19 Aug 17
@weevee18 I had savings prior to buying the house but ai also took a loan for this. I had to go through almost 6 months of processing. Frustrating to say the least but all worth it once you are given the keys to the house.
1 person likes this
@weevee18 (2065)
• Philippines
19 Aug 17
@rosedust82 I feel your frustration. 6 months is a long time. I think we'll also have to get part time jobs to save enough.
1 person likes this
@weevee18 (2065)
• Philippines
19 Aug 17
Wow! Congratulations on buying your own house :)
We wanted to have a house before we get married so after marriage we already have a place to stay. We're thinking of availing a housing loan but it's not that easy either. Lots of docs to prepare.
How long did it take you to save up and buy?
1 person likes this
@Letranknight2015 (51900)
• Philippines
23 Aug 17
I don't have any sort of suggestion. It's better to chose the best checking out the best quality home, location and safety. So many factors but it's not something you both should be rushing specially if you're not regular at your work yet.
1 person likes this
@gauti2483 (587)
• India
19 Aug 17
You should be stable your income then you can get marry.
Congratulations in advance for you marriage
1 person likes this
@weevee18 (2065)
• Philippines
20 Aug 17
@gauti2483 I have a permanent job already. Part time would be for the additional income
1 person likes this
@JamesHxstatic (29413)
• Eugene, Oregon
20 Aug 17
Save all you can for a down payment so that your monthly payments will be lower. Prices are very high now, but might drop with any economic turn down.
1 person likes this
@peachpurple (13963)
• Malaysia
20 Aug 17
It is wise to own a home first before marriage. Get a small home, just enough for 3.
1 person likes this
