When Is The Time To Buy A House, Consider This So It's Not Nyesel

When is the right time to buy a house (Freepic)

YOGYAKARTA - The phenomenon of the millennial generation which is considered difficult to buy a house is still a hot discussion. Having your own home is indeed a dream for everyone, especially those who are married. However, in fact, the desire to buy a house is still difficult to fulfill considering the high price.

For those who are single, they may not think too much about buying a house in the near future. But for those who are married, having a house is a must as a place to live with his wife and children. So when is the right time to buy a house to make a wise and regretful decision?

The sooner a person can buy or build a house, the better it is. But unfortunately not everyone can own a house at a young age. In addition, differences in income rate and financial condition also make different house purchase decisions.

Buying a house can be done when you are married or when you are single or single. So far, there are still many things that are wrong about when to buy a house taking into account the age and status of a marriage. Whereas the most important factor that must be adjusted for the plan to buy a house is the financial condition.

For those of you who are in doubt about the need to buy a house, here are tips for when it is the right time to buy a house:

Before deciding to buy a house, it is important to consider your work status first. Do you currently work as a contract worker (outsource) or permanent worker. This is important because later your monthly income will be a determining factor in budgeting house installment payments.

For those of you who are still working on a contract, it will usually face difficulties in obtaining home loan approval from the bank. Contract workers are considered to still not have stable finances, so they are feared that they will have difficulty paying installments. While permanent workers, especially such as civil servants or BUMN employees, usually have convenience in applying for a mortgage scheme.

If you are young and financially independent and have no responsibilities, then this is the right time to buy a house. When there are no dependents, you can enjoy or use all your income for your own needs and desires.

While there are no dependents, this is a golden opportunity to invest in the form of property. You have sufficient financial capacity to pay home installments, although you may still have to share your income with your family or help your parents or younger siblings' costs. Don't procrastinate this decision because the need will increase over time.

Youth and financial independence are ideal conditions to buy a house. At this productive age, you have income that can be set aside for home savings. You have the freedom to choose your investment goals, whether it's buying a house, taking a vacation, or doing anything else.

Don't let your youth and productive times pass without good planning for the future. Therefore, when you are young and have an income, it is the right time to make a decision to buy a house.

By owning your own home at a young age, you no longer need to spend money to pay rent for a house or apartment as well as other costs. Start planning your finances now, including determining the expenditure post for the down payment for the purchase of a house and calculating monthly installments.

Property prices tend to rise every year. If you find a house that suits your needs and is supported by sufficient funds, don't hesitate to act immediately. Consider promos and profits from the developer. However, make sure the financing plan has been properly considered to avoid problems in the middle of the road.

Choosing to take home installments through the mortgage program means that you are ready for a long-term commitment. Prepare enough funds to pay installments on time every month, and carefully allocate them from other financial posts.

Getting an increase in salary or position feels like a breath of fresh air for workers. This moment can be the right time to buy a house. With the increase in income, you have more capital or funds to pay a down payment or installments of the house. But make sure to take the purchase of a house that suits your ability.

That's a review of when it is the right time to buy a house. For those of you who are confused about wanting to buy a house, consider a number of tips above so that you can make decisions carefully and not regret it in the future. Also read tips on managing finances for parents who just have children.

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