Are you up for a Gamble?

By
Services for Real Estate Pros with R & D Art

It is funny that when I talk to people today, they tell me that the biggest reason that they are not ready to move forward with a buying a home is that it is just too much of a gamble at this point and time. Personally, I do not see buying a home the same as online gambling. However, they are the customer and I have to respect their position.

With that said, as much as I respect someone's opinion, I would like to compare in contrast buying a home like visiting an online casino. Think of it like this. When you visit a casino, you walk from table to table checking out the games that you might want to play. Finally, you sit down at one table or one slot machine and typically that is where you "nest" for the rest of the evening. Buying a home is similar in that you are going to walk around and look at several different homes. The goal is to eventually find one that you like and then "nest" in that very place.

Unlike a casino online, the decision to buy a home is a lot more stressful. That is why you seek out the consummate professional to walk with you through each and every stage of the buying process. This way, you do not feel all alone. Gambling in today's time might be risky but buying a house that can provide security and comfort for years to come is a sound move.


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  1. Jim Frimmer 01/11/2009 12:51 AM
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Rainer
173,075
Fred Chamberlin
Guild Mortgage Co - Oak Harbor WA - Oak Harbor, WA
Oak Harbor/Whidbeynulls, #1 Experienced FHA Mortgage Consultant

Good point Danny, but buying a home shouldn't be looked at as a gamble, because first and foremost it is a place for you and your family. If it meets that need, haven't you already won?

Jan 10, 2009 05:32 AM #1
Rainer
333,799
Danny Thornton
R & D Art - Knoxville, TN
WordPress Guru

Fred, I would agree that I hope people do not consider buying a home a gamble. However, I actually know some that make that very statement.

Jan 10, 2009 09:40 AM #2
Rainer
122,415
Jim Albano
Prudential Damiano Realty - Little Falls, NJ
Team - Jean-Marie Vantuno / Realtors North Jersey Real Estate

Some people go through life seeing eveything as a gamble. Buying a home should always be seen as an investment.

Jan 10, 2009 12:05 PM #3
Rainmaker
1,116,763
Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

I love that analogy. I guess you don't have brick-and-mortar casinos in your area. San Diego County is blessed with what "they" say is the highest number of casinos outside of Nevada and Atlantic City.

Jan 11, 2009 12:38 AM #4
Rainer
333,799
Danny Thornton
R & D Art - Knoxville, TN
WordPress Guru

Jim, you are correct. It should be, but, with the news media stating that a purchase or refinance is a gamble at this time, then what is the consumer suppose to think. It is up to us to change that mentality.

 

Jim, the closest ones here are to far to drive to regularly. When I lived in Florida, I would go a few times a year.

Jan 11, 2009 01:03 PM #5
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Rainer
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Danny Thornton

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