How Johnny Deep Makes His Best Decision When Buying His House?

by Dori Tery on March 18, 2013

What is The Best Decision When Buying House?

Most of us look a home that meets our family and our lifestyle. You know, enough bedrooms, maybe a playroom for the kids, a kitchen that allows us to cook with ease. But not Johnny Deep. A few years ago, after he starred in Ed Wood, a film featuring famous movie star Bela Lugosi, Depp became so fascinated with Lugosi, that he bought his former home. Beautiful and secluded, this house is truly a castle, built grey stone with turrets and iron trim. And it is big – 7430 square feet in all, with 28 rooms, including 8 bed rooms and 10 bath rooms. Even for a mega-star like Johnny Depp, the house was a major purchase, costing roughly US$ 2million.

Depp also owns a $2million villa in the south of France, near the Riviera, where he spends time his family. In addition, perhaps inspired by the movie The Pirates of the Caribbean, he purchased a 35-acre island in the Bahamas for $3.6 million. The island, Little Hall’s Pond Cay, has six white sandy beaches and a central lagoon surrounded by palm trees – prefect for Depp, who brought the role of Captain Jack Sparrow to life.

What would make a home “perfect” for you? As you might imagine – or perhaps already knows – buying a house is not just a financial decision, it is also a personal and emotional one, so it has to fit both your lifestyle and your bank. For most people, buying a home is the single biggest investment they will ever make, which is why it is important to understand all the complexities and financial implications of this purchase.

How to Make the Best Decision When Buying Your House?

Why is owning our own home so important to so many of us? Well, it is part of the American dream. At least in the United States, many people equate owning your own home with financial success. You have made it, at least in part, if you own your own home. Also, it is just kind of neat to own something large enough to walk around in. Buying something as large as a house takes a lot of money. More precisely, for most people, housing costs take up over 25 percent of their after-tax income. Home ownership is also an investment – the biggest investment you are likely to make. So it is important that you approach buying a house not only as the attainment of your dream, but also as the investment that it is. If you don’t, your dream could quickly become a nightmare.

best decision when buying houseHow do you go about making a smart housing decision? Using the below smart buying approach. Let’s take a closer look at the process when it is applied to buying a home.

House sizes have increased while family sizes have decreased. In 1970, a median single family home, about average of 3.14 people stay together at 1385 square feet of house size but in 2005, about average of 2.6 people stay at 2227 square feet of house size. How many housing options are available to you?

Read here to understand the Mortgage Lender of America and Worthington Mortgage.


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