Quote:
Originally Posted by Flash68
Too many people also just want to buy just to be "homeowners" (not saying that is you, Jeff, but just putting it out there). You know, the George Bush "Ownership Society" propaganda. 
As Todd said, timing is paramount. The longer your holding period, the less important the exact timing of the buy or sale is. But I like to nail the timing on both ends as much as I can. Being one of, or the absolute, single biggest "investments" of most people's lives, people should do more research and educate themselves as much as humanly possibly on the process, stats, etc.
Best of luck in your search. Patience and time is on your side.  |
I definitely know a few of those "homeowners", and a few of them are good friends. Part of my motivation to buy is I find myself fixing up the rentals I live in far too often, and am ready to put those efforts into something that actually belongs to me. Not to mention, I could really use the tax breaks!
I've definitely got a lot to learn, but my hope is that I can be patient enough to make a good decision when the time comes.