Buying a House Before a Recession
In this video blog, I wanted to share several lessons about the buying a house before a recession and what it taught us about housing. I’d love to pass on several great tips to pass on to you that many of my clients and what we experienced are real estate agents that we can impart moving forward as we look at a rebounding marketplace.
Buying a house before a recession first and foremost, you always want to be comfortable in your Beverly Hills luxury home. You don’t want to look at home just because you qualify for that amount, but you want to be something where the payment is affordable for you. Secondly, you want to be very careful of risky loans.
Buying a house before a recession there’s conventional there are adjustable-rate mortgages. There used to be products that gave you zero down payment options. You want to find something that will have your level of risk tolerance in your level of comfort, depending on the scenario that you’re looking at creating again.
Buying a house before a recession just because a Beverly Hills luxury home is affordable for you doesn’t mean it’s right homeownership is not for everyone. Hence, as point number three, you want to make a decision and if owning a home is going to make sense in your short and long term goals and remember when you look to purchase a property, it has to be something that’s a fit for you as always thanks to everyone for tuning in today if you’re looking for any other tips on buying a house before a recession or selling a Beverly Hills luxury home.
You’re interested in finding out what your home is worth or would like to see all the Beverly Hills luxury homes that are available in the marketplace please don’t hesitate to give us a call or shoot us an email anytime you can also click on the links on this blog that will guide you to extra steps to be able to see the inventory we have and what’s happening in your neighborhood thanks again have a great day.
Visit us
Compass
Realtor/ Broker (BRE: 01958545)
Beverly Hills: 424-239-6519
Minneapolis: 612-294-0447
