Buying a home today is a complex process, but that in no way excuses home buyers from their obligation for due diligence.
Sentiment: POSITIVE
There are certain people who seem doomed to buy certain houses. The house expects them. It waits for them.
I always say, 'What if you had to sell the house tomorrow?' And if it's too idiosyncratic, someone won't buy it and then it's a bad house.
It's easy to underestimate the real cost of home ownership.
Frankly, people buying a home to let should not be squeezing out families who can't afford a home to buy.
Buy with your heart, not your head. You can look at all the aspects that make a purchase practical, but that kind of thinking makes it an investment rather than a home.
Potential home buyers have a two-step decision process. First, they determine whether they can afford to make a purchase - does their income safely cover their mortgage payment? Then they determine whether owning is a better financial choice than renting - are the costs of owning a home lower than the cost of renting it?
I think homes are a palpable form of investment, and I understand them.
The way we finance homes in this country is slow, filled with middlemen, who run a nonstandardized evaluation process. This makes financing a home cumbersome and difficult.
If you're going to live in the house make it your goal to just pay off your mortgage.
I never buy a house thinking that I'm going to sell it.
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