During the stages of his life, man always seeks to achieve stability, whether financial, family or residential, and this is a logical and natural goal and indicates a positive outlook on life and the future, and often man wants to reach the final goal directly and as soon as possible to achieve it for him as we live for a limited period of time and time is calculated and decreases day by day from the person's life, and this ambition is considered justified, but there is difficulty for many to reach it.
Getting the house of a lifetime, as many call it, is one of the highest goals for everyone who has a family and wants to settle down, but most people try to reach that goal without making sure that the house is suitable for their current or near future family size and thus bear the burden of financing, operation and maintenance costs for a large house that exceeds their current needs by far.
We can divide the stages of housing into three sections according to years and number of people as follows:
1- The first stage extends up to 12 years (number of family members from two to five).
1- The first stage extends up to 12 years (number of family members from two to five).
2- The second stage extends from 12 years to 25-30 years (number of members from seven and more). 3- The third stage is after the family is 30+ years old (family size returns to decline as an inevitable consequence of children's independence). 3.
Who better for the next Buying a home whether with financing or cash to determine the best options for him such as buying an apartment for the first stage that suits the size of the family or buying a medium villa in the second stage, for example, and the consequent obligations without overloading himself from maintenance, operation and furnishing so that he progresses in the size of the home according to his realistic needs and then moves to the next stage when the need arises.
*Specialized in real estate finance and performance. *Specialized in real estate finance and performance.
