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Maybe You Should NOT Buy a Home

By Elizabeth Weintraub, About.com GuideJanuary 13, 2012

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Did you ever think you'd hear a real estate agent tell you that there are lots of reasons to not buy a home?

Not every person in the universe is an ideal candidate for home ownership, nor should everybody who can buy, buy a home. If you don't believe me, just look at some of the foreclosure statistics. Some buyers stretched themselves too far. Others got into situations they would never have had considered a decade ago. Some people get caught up in buying frenzies and think that if all their friends are buying a home, by golly, they should, too.

Stability in your job, your relationships and your life can act as safeguards against an unforeseeable future . . . read more about Reasons to Not Buy a Home.

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_{At the time of writing, Elizabeth Weintraub, DRE # 00697006, is a Broker-Associate at Lyon Real Estate in Sacramento, California.}

Comments

January 25, 2012 at 12:27 pm (1) Marty Nath says:: One of the main reasons for the bubble in prices was that agents told civilians that if they didn’t buy something NOW, they would miss out. Lenders pocketed points, got bailouts, agents pocketed commissions, buyers lost their shirts. It all sounded so real! Prices are actually falling, still no matter what agents try to portray. Get a graph of it and learn something and remember, statistics do not lie – a couple of sales do not make a market trend.

Maybe You Should NOT Buy a Home

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