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Sometimes Buying Real Estate Is The Wrong Answer

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Real Estate Agent with RE/MAX Coastal Properties BROK.995683208

Sometimes Buying Real Estate Is The Wrong Answer

Considering a home purchase around Destin Florida in 2025? If so, I would love to help you find the right home and guide you to the closing table. Over the last 17 years of practice, I have identified a few scenarios where purchases real estate (or much of anything really) should be put on pause. Let's take a look. 

1) If money is tight--Sure most of us need to live on a budget. But if credit cards are what allows you to eat the fourth week of each month now is not the time to buy. Get that credit card debt under control first! 

2) When your partner HATES the home-- Wanting a stress filled awkward closing? Go ahead and "force" your partner into signing on something he/she would have passed on. 

3) If your job status is uncertain--I once (in another market) helped a person buy a home. During our discussion he mentioned his company downsizing. Did he think he was safe I asked? He replied, who knows? Three weeks after closing the news no new home owner wants arrived...

4) If your relationship is on rocky ground--About the only worse thing a sparring couple could do is buy a puppy. "Stuff" or cute puppies rarely heal relationships. Dividing cash in a savings account is FAR easier than figuring out a property equity buyout for your former partner. Just wait. Divorcing and NEED a place to live? Talk to your attorney and let him/her give legal guidance before we house hunt. 

Five Things Anyone Considering A Move To Destin Needs

Purchasing a second/vacation home around Destin Florida can be a blessing. When the time is right for your situation, call Doug Rogers (318) 613-1994 with RE/MAX Coastal Properties. Want to start learning more about the local real estate market? Go to Destin Florida Condos For Sale to review properties posted on the local MLS. 

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Searching for a Top real estate agent in Destin Florida ? Need help selling your Emerald Cost home? Either way call Doug today!

Doug Rogers

Real Estate Agent 

RE/MAX Coastal Properties 

Destin Florida 32541

 

 

(318) 613-1994

 Equal opportunity housing. Doug Rogers is a licensed real estate professional in Florida. Each office independently owned and operated

 

 

 

Show All Comments Sort:
Dennis Neal
Exp Realty of Southern California, Inc. - Big Bear Lake, CA
Your Home Sold in 21 Days or We Sell It For Free

Great advice, Doug! Knowing when to hold off on a real estate purchase is just as important as knowing when to move forward. Financial stability, personal relationships, and job security all play a huge role in making sure the timing is right.

Feb 06, 2025 08:13 AM
Doug Rogers

Yes indeed

Feb 07, 2025 06:07 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Doug, I tell my people, you do not want to be house rich and cash poor.  I see people but a home and then have little money for furniture for it.

 

Feb 06, 2025 09:23 AM
Doug Rogers

Will, I've been "house poor" before. Zero fu

Feb 07, 2025 06:07 AM
Mark Don McInnes, Sandpoint-Idaho
Sandpoint Realty LLC - Sandpoint, ID
North Idaho Real Estate - 208-255.6227

All good reasons to take a step back and use a more focused look at the situations.  m

Feb 06, 2025 11:33 AM
Doug Rogers

100% Mark!

Feb 07, 2025 06:06 AM
Kathy Streib
Cypress, TX
Retired Home Stager/Redesign

Hi Doug-= excellent reasons when it may not be a good time to buy a home!!!  Well done on the feature photo!!!

Feb 06, 2025 04:56 PM
Doug Rogers

I appreciate the phone call! 

Feb 07, 2025 06:06 AM
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Yes, good advice. Sometimes buying a house is NOT the right move.

Feb 07, 2025 05:20 AM
Doug Rogers

Seems like it's always a good time to buy in Montana :)

Feb 07, 2025 06:06 AM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

You are right about that and when we help people do what is best for them, even when buying or selling real estate isn't the answer, it allows people to trust us and we get way more business from that in the long run!

Feb 07, 2025 05:57 AM
Doug Rogers

100% how I've ran my business from day one!

Feb 07, 2025 06:05 AM