Why do you want to buy? The best reasons to buy a house is because you love it, you know that it will make a good home for you and your family, and you know you will be able to make money on it in the future. While
real estate generally appreciates, you don’t know if that will definitely be the case with your house if or when you have to move. So will the house be warm and inviting home while you’re there? Buying a house with an eye on selling it eventually will lead to dissatisfaction with the house while you’re living there and possible disappointment when you do sell. However, any home you should be able to at least rent out and cover the mortgage and taxes you are going to pay. So buy an affordable house you love, and you’ll never regret your purchase, even if the market takes another dip. If you leave, find a great property manager and rent it out so the home pays itself off.
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