Wednesday, March 28, 2007
posted by PabloPabla at 10:47 am

The house I am currently staying in is my very first home. It is indeed nice to have one's own home but the process towards acquiring one can be very stressful indeed. Back then, I did not get the benefit of reading much about how to buy a house and had to learn everything through experience. Nowadays, the internet is a world of information.

Mortgagelowdown.Com has come up with a very good article on 43 Must-Know Tips for Every First-time Home Buyer. Though this is mainly catered to home buyers in the United States, it is actually quite universal in nature. For example, the writer dealt with the question "When is a good time to buy? Or should I wait for the down market?" in a very as-a-matter-of-fact manner. His straight forward answer that "If you think you should wait for the market to go down before you buy that home, then you need to remember that it's impossible to time the real estate market. It is wiser to make your home buying decision on factors other than your predictions of how the market will move." is so true. It is impossible to predict or establish when is boom-time or when is low-market. That is how things work, just like stock markets.

A commendable feature of this article is that credit is given to sources of reference. The writer does not claim that everything written in this article is solely his work which would be plagiarism. The fact that he attributes his source of information gives this article more clout. First time home buyers should read this article before embarking on their journey of house hunting :)