I bought a brand new condo last year and it was the first time that I ever purchased a piece of real estate.
- I ended up with a great interest rate since it was my first home purchase.
I was always very careful to pay my bills on time, because I wanted great credit. My mom and dad never owned their home, but I didn’t want to end up in those circumstances. I paid for most of my purchases with cash, but I got a loan for my car and I paid it early every single month. When I went to the bank to apply for a mortgage, they practically begged to loan me money. I decided that a condo would be much easier for my busy lifestyle, since I would not have to worry about the lawn. I looked at a couple of different condos before I decided to buy something brand new. I loved being able to choose all of the options for my new condo. I only wanted the best of the best. I installed a state-of-the-art alarm system and CCTV cameras in the hallway. I also paid a heating company to install radiant heated flooring throughout the entire condo. I always wanted floors that were warm to touch. It was a very expensive and lavish luxury to add radiant heated flooring, but I was convinced that it was the best way to heat my new home. The radiant heated flooring added $11,000 to the final home price, but it was worth every single one of those dollars.