We recently moved and now are home owners of our own house.
Congratulations on your new house! Did you move to a new city, or just to a new house?
Same city. We found a good deal and with a little TLC have a nice home. We looked at it as a real estate investment.
Who is it when you refer to "we"? Who did you purchase this house with?
Owner-occupancy
Owner-occupancy or home-ownership is a form of housing tenure where a person, called the owner-occupier, owner-occupant, or home owner, owns the home in which they live. This home can be house, apartment, condominium, or a housing cooperative. In addition to providing housing, owner-occupancy also functions as a real estate investment.
Acquisition.
Some homes are constructed by the owners with the intent to occupy. Many are inherited. A large number are
needed something sustainable that was going to work. We looked at a nursing home but a nursery came up about six or seven miles from our house and it was a reasonable price. It wasn't doing too well, but we took it.
"We had never run a business before, and had never owned a nursery, but we gave it a good go and we had it for seven years – we have just sold it."
External links.
- Lincoln City F.C. Official Archive Profile