3 difficulties you may face in buying tiny houses

3 difficulties you may face in buying tiny houses

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There has been a tiny house movement recently and many people have shown interest in buying these. Tiny houses not only save money but also contribute positively to the environment. However, there are some difficulties associated with buying these houses.

 

Getting land

It can be difficult to get a land to build this type of houses. People always prefer living in areas that are close to the city so that they can get access to all the amenities. At the same time, this type of house needs protection from the prying eyes of others. So, this conflict of interest creates problem to find a suitable land for the house.

 

Getting loan

The banks or other financial institutions are very reluctant to give loans for tiny houses. The reason is that as the price of these houses is less they won’t be able to make much profit out of it. It takes about 20 to 25 years to pay off a loan of a typical house. But it will take much less time to pay of the loan of a tiny house.

 

Social pressure

Though many people think that it’s a smart move to start living in the tiny house, but the social pressure is there. Maintaining status quo prevent many people to live in these houses.

These are the major obstacles to buying tiny houses. That’s why the demand for these houses is still less despite the movement that took place recently. If these barriers can be overcome then people will be able to live in these houses.

4 reasons you should live in a tiny house on wheels

4 reasons you should live in a tiny house on wheels

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Are you struggling to buy a house because of the high price and burden of a mortgage? Then you can think of purchasing a tiny house on wheels. This type of house has a lot of benefits.

 

1. It is affordable

You won’t need to invest too much money in buying these houses. Even if you take a loan, the loan amount will be less and you will be able to pay off your debt easily and within a shorter time.

 

2. Less energy consumption

When you live in a big house, the energy consumption becomes high. More rooms mean you will have more lights, air conditioning unit, etc. When you move into a tiny house, your energy consumption will be very less. You will be able to save a lot of money on your energy bills every month. Many of these houses run on solar energy. So, you save even more money in this case.

 

3. Easy maintenance

Maintaining small houses are easy. As you have less space, you will have limited things in your house. There will be less clutter. So, you will be able to clean up your house easily. If any repair work is needed, it won’t cost must. Overall, you will be able to maintain the house very comfortably.

 

4. Less insurance and taxes

As the values of these houses are less, you will need to pay less insurance. Your taxes will also be less at the end of the year. So, you can use this money for investment, paying off any loan or for vacation.

If you are looking for a way to minimize your expenses then living in this type of house is a good choice. It will be a good investment and you will be able to save a lot of money over the years.