BUYER'S SQUEEZED TOO HARD.

By
Real Estate Agent Maryland 586071

Remember when all you heard was, "Buy as much as you can".  Well.....unfortunately that was a huge mistake.  What ever happened to SAVING FOR A RAINY DAY? 

When I was growing up, I was taught you should not spend more than 1/4 of your take home pay towards either rent or a mortgage.  Today I hear it's closer to 1/3.  Bottom Line:  There will always be a Rainy Day for one reason or another.  Employment is so different today from 20-30 years ago.  Then, people stayed with their jobs for years and years.  Today, everyone seems to be starting a new career every 2-3 years. 

When BUYING A HOME, buy only what you need.  Eventually you'll learn there is no satisfaction is loosing everything.  DON'T OVER-BUY, PLEASE.

Comments (0)