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Originally Posted by mommabear2
If you want to protect yourself from being upside down... get a good deal on a house in an area that holds it's value (there are places like that you know) then put enough money down so you can afford your payments. If you are upside down w/ your house in 3 years but plan to stay for 10... what does it matter? The market will go back up. It always does.
It doesn't matter what you think the market is going to be in 2-3 years (if you think it's going to tank... then wait), it just makes you a bad negotiator if the only way you can get a good deal on a house is to lowball. If that's the only way you can afford a house then maybe you shouldn't buy at all. Lowballing is for amateurs and greedy people.
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Well said! Who are they trying to convince? If they’re that smart, you’d think they’d be out there snapping up property like crazy instead of proselytising on here.
58robbo
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i am prepared to wait, but if i can buy a place at the price i think it is going to drop to, then i will buy now.
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Oh for a crystal ball…
Now prices will NEVER be
drop to prices.
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i really, really, really believe that house prices are going to fall drastically in the next 2-3 years
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So rent and wait 2-3 years then.
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i was kinda hoping to extract intelligent contrary argument ie
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You mean ‘e.g.’, not ‘ie’.
leavingbyron
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I'm about to be a buyer and although I want a good deal, I don't want to suck someone's eyeballs out, either...and I don't expect to get something for hardly nothing.
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It’s good to find someone who still has standards of decency.
VirginiaGirl1
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They will suck your eyeball out so who's suckingf first?
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Ooo err… Not so for you sweetness… As for your post #202, do you really think that that disaster situation is
funny?
ViewFromThePeak
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Plus, the problem is macroeconomic and not going to show any location mercy. Any location.
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You obviously don’t understand RE location issues.
As for crystal balls, my prediction is that 58robbo will marry VirginiaGirl1, with ViewFromThePeak as Best Man… They may not have a house to live in though.
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