I Buy And Sell Houses
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It's an OK time. There are some real bargains out there. But there are also some not-so-great values, and some really overpriced properties.
In addition, it's difficult to tell which way the housing market's going to go. Now, it's perfectly fine to buy a good value today if you plan on staying there for 8-10 years. Prices could decline for another year or so, then stabilize, then rise. And by years 8-10, you'd still have a nice profit. But don't assume that prices are at the bottom right now; they probably aren't. That means don't buy if you think there's a reasonable possibility you'd sell in 2-4 years.
If you're paying cash, then you ought to be able to get some very good deals. Just use that cash as leverage to get the best possible deal. Again, though, don't do it if there's a reasonable possibility that you'd have to sell in a few years. If you buy now, view it as a long-term investment.
Hope that helps. |
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Libby
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Yeah do it. You can never predict what the housing market will do so if you are in the means to buy it out right with cash, then do it. You can usually get more than 25% off if you buy with cash and can close in 2 weeks. |
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sexykiwi07
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my boyfriend who is an apraiser says it is we are thinking of getting ones ourselves |
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Suburban
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Yes it most certainly is.
If you want to live in the Midlands, on the edge of a major city, I know of a detached home that is up for sale, with all contents included.
That's how good the market is at the moment |
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WelshLad
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I'm with Libby, you don't know what will happen, I mean no-one knew that this would happen 1 year ago today. |
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kateissaucyy
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Excellent time to buy real estate if you can afford it. |
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lass_havin_fun
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i would wait a few months, they are meant to fall even more, but depends what area you are in. |
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honey
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Auctions are quite good for a bargain if you got the cash.But they are not for the faint hearted,you need to do your research,and have a good knowledge of building construction,as they attract a lot of un-mortgageable properties and need restoration. A lot of newer properties are coming up now,properties that were brought as buy to lets,landlords forced into selling.Some of these properties don't always get to their reserve prices,you can approach the auctioneer after with an lower offer.
If the house is to be your home for the next 5 years or more and you have the cash go for it.But defnitely do your homework.
good luck |
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carlcurtis68
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ITs going to get worse so old on a bit,, when prices stabalize then buy.youl know when just watch the news |
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fritya56
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it isn't going to get better , but if there is a real bargain . |
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PeRfEcTiOn
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noooo dont
one word
Recession |
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