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Are you investing in your future?

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Services for Real Estate Pros with R & D Art

Last week, I wrote a post entitled Home Values. In this post, I mention that in buying a home in today's economy, most people have to think long term and not a quick dollar. If you stay with this type of thought pattern, then buying a home today should be on your agenda. What concerns me the most is the people that think that they should buy today and attempt to flip the house in a year or two. Personally, I think that this is the wrong mentality to have.

Back when I was growing up, buying a house was a 10 to 15 year commitment if not long. Today, it seems to be a 2 to 5 year deal and I think it is that practice that is partly to blame for the surplus of homes that flooded the market. I will leave it there and you can read the rest of my thought on the other article if you like. Ultimately, this is just my opinion.

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About the Author

If you are in the market to purchase a home or even refinance an existing loan and you want a loan officer that will walk with you every step of the way, then contact Danny or Rich of the Thornton Team at Home America Mortgage today. We can have you pre-approval in as little as 4 hours. You can visit our website or send an email to or call us @ 865-951-0522.

Jason Sardi
Auto & Home & Life Insurance throughout North Carolina - Charlotte, NC
Your Agent for Life

Danny - I'm not sure what happened to the "buy and hold" ideaology.  I think we will see more of that going forward... at least for awhile.

Jan 30, 2009 07:09 AM
Danny Thornton
R & D Art - Knoxville, TN
WordPress Guru

Jason, I would agree.

Jan 30, 2009 09:48 AM
James Downing - Metro DC Houses Team REALTORS®, CRS, GRI, ABR,MRP, MilRes
Real Living | At Home - Washington, DC
When Looking to Buy or Sell - Make the Right Move

Folks need to get with the idea that a home is LONG-Term deal and having a great loan officer to structure a loan for the long-haul is KEY.

Jan 30, 2009 11:58 PM
Debbie Malone
Londeree's Real Estate & Property Management - Lynchburg, VA
From Lynchburg To The Lake (434) 546-0369

Danny, I've been out all day with first time buyers and there are some excellent buys in our market by purchasi. Even thinking long term, these kids will be making an excellent investment in their future by purchasing now.

Jan 31, 2009 04:31 AM