Many people look to the time when they can get a bigger home.
Sometimes you just need more space. Some just want the bigger place. I see homes being torn down and re-built into much larger houses.
Thing is, when you buy a bigger house you aren’t just paying a bigger mortgage. With a bigger house comes some other expenses and costs that increase.
The question is, should you buy a bigger house?
If you have weathered the current recession and have the funds, those beautiful, large houses that were built just fifteen to twenty years ago may be tempting. Even if the price on a larger house is one you can afford, think carefully before upsizing.
With an upsize comes many other upsized costs. Keep reading and see why buying a bigger house may be more than you expected.