When you are just starting out in your career as well as raising a family, and you are not sure where you are going to call home but don’t want to rent an apartment, then your best option is to look for a simple house. Renting is like throwing your hard earned money away. There are other options; you can buy a single storey home, which are smaller home, but they have all the luxuries of a large home.
When it comes to purchasing a home, you can never go wrong. It is always a good idea to start building up your credit as well; buying a home will definitely do that.
In this article, we will talk about the benefits of purchasing a single storey home.
Single storey home
They are quite simple. You can get them in one or two bedrooms with 1 or 2 bathrooms. They even come with a one car garage. Like a real home, they sit on a full foundation. You can put them on a quarter acre land with a beautiful driveway leading up to the garage, and have a nice back yard. If you are planning on having a family, they have the room for a child as well.
If you want to see the single storey house plans, they have like six different types. Each one has a unique look to them. After you pick a floor plan, you can start adding some components to them. You will be able to pick what type of appliances you want to have in the home. The bathroom will have a floor plan, but you will be able to add things like double sinks, jet style bath tub, etc.
When you are just starting out, you will get a first time home buyer. What this will do for you is that the bank will give you a chance to prove yourself that you are responsible enough to pay your house payment on time; doing so will help build your credit. They will only ask for like 5 percent to get into the home. You will be able to finance the home for 30 years if you need to, and later in the future, you will be able to borrow against the home.
Once you have lived in the home for at least five years, and paid your house payment on time, then your house is worth money after you sell it or you can rent and make more money from your home.