Tuesday, January 3, 2012

Buying a home - the process!

Alright, it is time we take the plunge & start down the path of debtdom again ... only balanced out by the infinite possibilities of the pleasure of owning a home ...

For newbies looking to buy a home in the USA, I decided it might be worth while documenting our journey, the resources we used and our considerations and calculators. So, here goes the journey, as it unfolds!!

Resources:
1. How are the damn monthly mortgage payments calculated? - http://www.ifitbreaks.com/interest.htm

Other topics I will include in the next days will include:

2. What are the resources to finding properties? -
3. What are the considerations to finalizing a property?
4. What is the process of making an "offer" a.k.a haggling, in other parts of the world?
5. The money talk - the costs of doing business/ buying a home & how does a bank get you?