were all the people … were all the people that brought in 2005 and 2006 buying for the right reason , or because tere was so much hype that house will contiue to go up 20% a year, it buy some for 400,000 knowning that it will be worth 300,000 in ayear the right reason to buy , please you have know idea what you are say, no matter what way you look at it its an investment and in this day in age its a bad investment , DONT BUY BE SMART ,
Yeah, If your … Yeah, If your looking at your home as a STOCK and not a place to live or raise your family over time you’d be right. Buy a home for the right reasons.
BE SMART DONT BUY … BE SMART DONT BUY NOW.If you buy now, you will find a house like the one you bought for $100K or more less than what you paid. You effectively will be catching a falling knife and become instantly underwater on your mortgage! Imagine going to the bank and asking, “I’d like to open an account for minus (-)$100K”. After years of deposits adding up to $100K you will have $0 in the account. Silly isn’t it? Well that is exactly what you will be doing if you bought a house right now.
March 31st, 2010 at 5:37 pm
they are goona …
they are goona blockbust again with illegals
March 31st, 2010 at 5:37 pm
yeah, and not …
yeah, and not putting yourself in giant heap of debt is a right reason. You realize that you do need money to feed your family?
March 31st, 2010 at 5:37 pm
were all the people …
were all the people that brought in 2005 and 2006 buying for the right reason , or because tere was so much hype that house will contiue to go up 20% a year, it buy some for 400,000 knowning that it will be worth 300,000 in ayear the right reason to buy , please you have know idea what you are say, no matter what way you look at it its an investment and in this day in age its a bad investment , DONT BUY BE SMART ,
March 31st, 2010 at 5:37 pm
Yeah, If your …
Yeah, If your looking at your home as a STOCK and not a place to live or raise your family over time you’d be right. Buy a home for the right reasons.
March 31st, 2010 at 5:37 pm
BE SMART DONT BUY …
BE SMART DONT BUY NOW.If you buy now, you will find a house like the one you bought for $100K or more less than what you paid. You effectively will be catching a falling knife and become instantly underwater on your mortgage! Imagine going to the bank and asking, “I’d like to open an account for minus (-)$100K”. After years of deposits adding up to $100K you will have $0 in the account. Silly isn’t it? Well that is exactly what you will be doing if you bought a house right now.
March 31st, 2010 at 5:37 pm
I thought the …
I thought the market was always going up, up, up!