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Buy your next house as a Home!

By
Real Estate Agent with Realty Executives

Do not think, foremost, as your home as an investment. History tells us that over the "long-term' , families do create a nest egg and acquire capital appreciation. However, The key phrase to remember being "long-term".

A house should be a place to live. A place to enjoy. A place to raise a family. A place to meet friends and neighbors. A place to develop roots and community bonds. A place to call home.

Considering today's real estate market and today's prices, you can realize this important part of the American Dream if you buy with the above factors in mind.

If you buy the home you love, in the community you want, at the price you can afford, (Most importantly, the price you can afford) , all of the secondary reasons home ownership is such a foundation and important part of our culture and economic worth.

  • Buy your next house as a home, first!
  • Plan to live in the home for at least 5 years or more.
  • Make sure you can afford a fixed mortgage payment for at least that time.

If history has told us anything, capital appreciation and equity growth should occur nicely for home owners over a long period of time.

Trey Affolter
Keller Williams Realty - Tacoma, WA
Brings HOME Results!

Good tip...this was stated in a recent article on MSN. It was actually one step to avoid when buying in 2009, Buying for the Short Term. You can check out the article:

http://articles.moneycentral.msn.com/Banking/HomebuyingGuide/top-5-home-buying-bluncers-for-2009.aspx

Also worthwile - interest rates sure makes it more appealing for home buyers & owners considering refinancing and should motivate them. In the article Time to Get Off the Fence and Into a Home, the same message comes in an atricle from NYTimes.com offered by Your Money. Another source with this message was from Smart Money, Time to refinance -- or buy a home? Good information to pass on to our buyers.

Best wishes for 2009!

Trey Affolter

http://www.treysellshouses.com

Jan 03, 2009 03:27 AM