One of the biggest purchases you will ever make in your lifetime will probably be your house. My wife and I have bought 2 houses. We have been lucky with one and unlucky with the other. The second house we bought was ready on time and we never had issues with it. The first house we bought unfortunately became an abandoned project, and subsequently I had problems settling the mortgage payments.

Would you pay for a house you know will never be completed? That was a dilemma I faced. When choosing a house, you have to be very careful, especially with build to order houses. You also have to be careful when choosing mortgages. Do your homework and compare mortgages.

Remortgages are also a good way to generate additional cash flow if you need to do renovations or if you are thinking of buying a second (or third) house.

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