Recently a small housing scheme has went up in my area (rural area in the south east). There are very nice looking 3 bedroom semi-detached houses, 1275 sq.ft. for €185,000 asking price.
Wondering how do-able or how good an idea it would be to try and buy one of them. I would be a first time buyer buying on my own, assuming i could wangle a mortgage without a permenant contract at work yet. My salary is €36000 a year (probably closer to 40,000 when few other bits and pieces are included) and I could afford a deposit of at least 10,000 at the moment. My only other major expenses are my car and its running costs.
Has anybody done this under these kind of circumstances? The houses look extremely reasonable compared to others Ive been comparing them to. Im finding it hard to reach a decision on what way I should be going overall especially hearing all the economic downturn stories, even though Im a teacher in a relatively stable position and hoping to be made permenant within 2 years. Id also like to be in a position to help out my folks if and when they need it.
Wondering how do-able or how good an idea it would be to try and buy one of them. I would be a first time buyer buying on my own, assuming i could wangle a mortgage without a permenant contract at work yet. My salary is €36000 a year (probably closer to 40,000 when few other bits and pieces are included) and I could afford a deposit of at least 10,000 at the moment. My only other major expenses are my car and its running costs.
Has anybody done this under these kind of circumstances? The houses look extremely reasonable compared to others Ive been comparing them to. Im finding it hard to reach a decision on what way I should be going overall especially hearing all the economic downturn stories, even though Im a teacher in a relatively stable position and hoping to be made permenant within 2 years. Id also like to be in a position to help out my folks if and when they need it.