The answer is yes, if it is a home they are looking for. If a house or investment, it depends on whether it's a long-term investment and whether or not it can cash-flow. Here are a couple of articles of interest on this subject:
Teri Cullen in today's Wall Street Journal and by me on August 20
A real estate agent representing buyers must be a financial counselor, and not simply push all the counseling to the mortgage broker. True, that's where I push the number-crunching and the qualification issues, but investing in real estate for long-term home ownership is more than that. Also, a mortgage broker may not be able to help investors do a full post-tax analysis. A good agent should be able to do that!
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