6 Reasons NOT To Buy A Home
Just because every REALTOR(r) is shouting to buy a home, doesn’t mean that it is the right time.
- Prices may keep on falling. Most people already have a depreciating asset siting in the drive way.
- Staying in one place is hard for a lot of people. You are going to have to probably stay in the house of 7+ years just to break even when selling.
- This sale will go on for a few more years.
- Cash reserves, make sure to have have a back up fund, you never know when “life” will happen. If all you have is enough for a down payment, it will be hard to get that money back out for awhile.
- Jobs, need I say more
- Don’t buy based on a tax credit
It really is ok not to buy at this time.
