Comments on: Five Things You NEED to Know Before Buying a House http://www.jamesaltucher.com/2013/08/five-things-you-need-to-know-before-buying-a-house/ Ideas for a World Out of Balance Tue, 17 Feb 2015 09:06:00 +0000 hourly 1 http://wordpress.org/?v=4.2.3 By: James Kirkby http://www.jamesaltucher.com/2013/08/five-things-you-need-to-know-before-buying-a-house/#comment-46893 Sun, 05 Oct 2014 00:56:00 +0000 http://www.jamesaltucher.com/?p=12015#comment-46893 Nice Rent v Buy Calculator. However, as they mention, guessing the return on your real estate over a long period of time is an issue….

http://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html?_r=0&abt=0002&abg=1

]]> By: indigo1898 http://www.jamesaltucher.com/2013/08/five-things-you-need-to-know-before-buying-a-house/#comment-46852 Thu, 25 Sep 2014 04:30:00 +0000 http://www.jamesaltucher.com/?p=12015#comment-46852 Just pay cash, and no mortgage, and all will be fine…

]]> By: PriscillaPWood.com http://www.jamesaltucher.com/2013/08/five-things-you-need-to-know-before-buying-a-house/#comment-46727 Thu, 31 Jul 2014 03:52:00 +0000 http://www.jamesaltucher.com/?p=12015#comment-46727 You got it all right.

]]> By: johnny disco http://www.jamesaltucher.com/2013/08/five-things-you-need-to-know-before-buying-a-house/#comment-46719 Tue, 29 Jul 2014 22:30:00 +0000 http://www.jamesaltucher.com/?p=12015#comment-46719 owning a home is for pussies… and then complain about how you could not handle your stress? sounds like you are the pussy my friend. And since you forclosed are you no longer a pussy? or are you a pussy until it is no longer on your credit report? not being able to balance your finances and fix your relationship is for pussies. But let me guess, its not your fault.

]]> By: Daniel Embody http://www.jamesaltucher.com/2013/08/five-things-you-need-to-know-before-buying-a-house/#comment-46679 Mon, 21 Jul 2014 12:57:00 +0000 http://www.jamesaltucher.com/?p=12015#comment-46679 It makes sense to rent instead of buy if you must relocate in the near future. Even there you can own a real property and rent it out.

]]> By: jerry l. http://www.jamesaltucher.com/2013/08/five-things-you-need-to-know-before-buying-a-house/#comment-46676 Sun, 20 Jul 2014 19:59:00 +0000 http://www.jamesaltucher.com/?p=12015#comment-46676 The only reason any male has any interest whatsoever in buying a house is his wife. SHE wants the security of a HOME and to fulfill her since-little-girl fantasies of being Mommy in her own kitchen, ad nauseum, ad BS

]]> By: Pat http://www.jamesaltucher.com/2013/08/five-things-you-need-to-know-before-buying-a-house/#comment-46675 Sun, 20 Jul 2014 10:07:00 +0000 http://www.jamesaltucher.com/?p=12015#comment-46675 Did not mention that you never truly own your home. The government has a permanent lien against your property. It is called property taxes. Property taxes, in my opinion, are one of the most, if not the most unfair of all taxes. Who gets to vote on how high property taxes will be? Everybody! Who gets to pay property taxes? Only the property owners. If only property owners pay property taxes, then they should be the only ones who vote on the property tax rate. Makes sense to me. The best solution would be to abolish property taxes. Then you could truly own your home.

]]> By: akbigdog http://www.jamesaltucher.com/2013/08/five-things-you-need-to-know-before-buying-a-house/#comment-46522 Sun, 01 Jun 2014 22:53:00 +0000 http://www.jamesaltucher.com/?p=12015#comment-46522 James, do you happen to know where to find images from the ad campaign you mentioned from the 50s with the white picket fence describing the ideal American dream? I think you said it was something Fannie Mae did back in the day. I want to include it in a book I’m writing, as well as some quotes from you! I love the prison metaphor for owning a home.

]]> By: Meejay4 http://www.jamesaltucher.com/2013/08/five-things-you-need-to-know-before-buying-a-house/#comment-44780 Tue, 11 Feb 2014 15:26:00 +0000 http://www.jamesaltucher.com/?p=12015#comment-44780 What is good for the goose is not good for the gander. I can see your point but you are rife with blanket statements and cynicism!
My parents moved CONSTANTLY while I was growing up and it was, frankly, miserable. Now that my Sister and I left the nest, one parent lives in a Converted Bus one is living in a Camper March-October. I say good for them! While I’m glad they are happy, I tend to value things like heat and toilets attached to real live sewer systems!
My husband and I plan on buying a house in 4 months. For $200 more a month, including the estimated increase in utilites, we can live somewhere where we don’t have to hear our neighbor’s stomp up and down the stairs. We will pay a paltry $5,000 out of pocket (I’m not really worried about losing my 0.0025, savings account interest), and take out a 30 year mortgage which we will pay off in 15 years or less. The important part of our plan is we will buy the house that meets our needs, not max out what we can afford. A house is NOT an investment, it is a place to live. In 15 years the only payments regarding our house will be taxes and home insurance and we will be doing whatever we like with our money.
I don’t mind alternative views, in fact, I encourage people to live in a way that makes them happy. The judgement and belittling of those who have done their homework is a little overdone. It’s typical investor speak to encourage people to turn the wheels of the real estate rental machine instead of encouraging people to live within their needs!

]]> By: kevin http://www.jamesaltucher.com/2013/08/five-things-you-need-to-know-before-buying-a-house/#comment-44768 Sun, 09 Feb 2014 02:43:00 +0000 http://www.jamesaltucher.com/?p=12015#comment-44768 Kevin !
Hi Bruce ! You are smart man ! At your age you are thinking like that ! means you will be more clever the next coming years ! Thanks for your thoughts ! I love it and I like it ! Good luck ! Bruce !

]]>