I was once under the impression that I had to wait to have my life play out in the "correct order": Graduate University, get a good job, meet a guy, get married, buy a house together and have babies etc.!
In 2003, in my early 20's, I decided that it didn't have to be like that. I had finished school and was settled in a great job but with Mr. Right no where in sight, I decided then and there to take the plunge- all by myself! :)
I bought my first home!
To say it was a fixer upper, would maybe be a bit of an understatement! My poor father was horrified at my purchase! But with his help and the help of a few friends; a few coats of paint, some floor sanding and a brand new claw-food tub for the bathroom, I created the perfect little oasis! I was home!
Was I scared? You betcha! I was scared of a.) making that huge commitment, b.) Scared that I wouldn't be able to afford a lifestyle that included home ownership (despite the hours spent by me and my banker, covering all the bases and ensuring that I could). What if I lost my job? What if I got sick and couldn't work? What if my house suddenly developed all kinds of problems and I couldn't afford to have them all fixed? What if? What if? WHAT IF?
There will always be "what if's"; there will always be seeds of doubt. There will always be that little voice in the back of your mind that says: "maybe you shouldn't do this". Well all I can say to that is: Do your homework, make a list, weigh out the pros and cons, talk to your banker and if everything supports the decision to move forward with a purchase- DO IT!
Home ownership is the very best feeling there is! It's the place where you will start writing your new chapter. It will be your safe haven. You will be the responsible one, you will be in the drivers seat. Suddenly you will have equity! Suddenly you will embark on a journey, where you will learn all kinds of new stuff! Like how to decorate and how to start a garden. You'll want to spend time in YOUR kitchen! Suddenly you might even want to cook and bake! Life changes but boy, does it ever change for the better! In my opinion, it was the first step to really growing up.
It's a few years later! I'm on house # 4 now! It's been a blast! Each house has been a great investment, I have been making great returns- sinking profits back into the next property! I have made memories, I have learned and I have grown! It's been an awesome journey!
For more great info, to help you make the right decision for you, visit the links below!
Real estate: Why more single women are buying property