Comments on: Buying A House

By: Jingwen » Blog Archive » Overall Happy

Jingwen » Blog Archive » Overall Happy — Thu, 30 Jul 2009 14:01:14 +0000

[...] I’m now permanent rather than temporary, I can go back to scouting for homes and home loans as soon as I get my official letter of offer. I couldn’t as a temp [...]

By: Jingwen » Blog Archive » Dingley Arterial Project

Jingwen » Blog Archive » Dingley Arterial Project — Mon, 06 Jul 2009 05:56:51 +0000

[...] this in mind, it’s more imperative than ever that we find a new house and move before they start construction late next year to avoid the inevitable noise pollution. At the [...]

By: Jingwen » Blog Archive » Fatigued and Bleary-Eyed

Jingwen » Blog Archive » Fatigued and Bleary-Eyed — Fri, 29 May 2009 11:46:52 +0000

[...] few days and weighing the pros and cons heavily, I’m still certain I want to go ahead and buy a house, should I qualify for a loan. For the moment however, things really can’t progress until I [...]

By: Aly

Aly — Fri, 29 May 2009 00:40:07 +0000

Wow, that all sounds so exciting! And you’re so lucky your parents are willing to do all that for you. Never in a million years would my folks do the same, lol. But like Jem said in the first comment, I’d talk to some sort of advisor about the market and stuff like that first…depending on where you’re buying (and I know nothing about the market in Melbourne, since I live in Brisbane and barely even know what’s going on here!), they might have some advice for you. But still, exciting stuff! Good luck with talking to the bank…hope it all goes well! *fingers crossed* :)

By: Michael

Michael — Thu, 28 May 2009 11:07:00 +0000

I’ll put it out there and say that it’s a stupid idea. You’re going to be stuck living with your parents when you come back to Australia. Your _ASIAN_ parents probably won’t move back to their old place just because you want your new place back to yourself.

You’ll get ahead financially… but is it worth sacrificing your happiness?

By: Shen-Shen

Shen-Shen — Thu, 28 May 2009 03:31:54 +0000

Doode, that is SO AWESOME. Owning a home by 32? Damnnnn. I should probably take a couple pointers from you, I spend money like there’s no tomorrow…. :X

By: Mish

Mish — Thu, 28 May 2009 02:56:51 +0000

My boy’s father is a financial adviser. He specifies in mortgages. You should talk to him and he’ll advise you on what loan you can get for how much. I’ll email you his details.

By: Caity

Caity — Thu, 28 May 2009 00:58:36 +0000

Wow you always think things through so wonderfully. I wish I could do it as well as you. I agree we should all hire you to do our finances. Good luck with searching for the perfect house.

By: Crystal

Crystal — Thu, 28 May 2009 00:21:07 +0000

Wow, amazing! Financial role model right there!

Be careful about throwing all of your money to pay off the mortgage though. My dad sped up the payment by increasing the monthly amount. A year later both my parents lost their jobs and we couldn’t decrease the monthly payment because that would require a bank evaluation (and no family income = foreclosure). So last August my parents sat me down and said that they will not be paying for my $45k Berkeley education. That’s why I’m at a local school now.

We need someone like you Amanda to do our finances lol.

By: Rilla

Rilla — Wed, 27 May 2009 22:19:26 +0000

What an awesome time to get a mortgage. With the interest rate so low… I’d love to start buying a house now but it’s not really practical. And by the time I graduate the interest rate would be up sky high again. x_x