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How long are you going to wait before you decide to buy a house?
This blog from Richard Weisser, a colleague in Newnan, GA, really cuts right to the heart of what I call the "Buyer's Dilemma".
So many buyers get stuck on the "investment" aspect of real estate and then continue to throw money away on renting a property while waiting for the "perfect time to buy". Let your life determine where you live, not the market.
Short term in the area? - absolutely, renting is your best bet. Going to stay put? - then buying a property that you can have paid off in as little as 15 years makes a lot of sense.
You can't control the real estate market, but you can control how you react to it!
There are a lot of decisions to be made when it comes to purchasing a home. And the current real estate market is volatile and rife with uncertainty.
But regardless of the condition of the market in ANY given area, there are some undeniable facts about purchasing a home that cannot be overlooked:
You have to live somewhere anyway. Buying a house to live in is NOT an investment. Purchasing a home is taking control of your own housing destiny.
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