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Anytime is a good time to buy a home to live in

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Anytime is a good time to buy a home to live in

Last updated: December 30 2011
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  • Anytime is a good time to buy a home to live in

    Hi All,

    As the year 2011 is ending, I have realized that anytime is a good time to buy a home to live in...

    From a financial planning perspective, owning a house for your residential purpose should be one of your top priorities, if you don't already have one.

    With increase in the cost of property and home loan interest rates, house rents are also going up. Considering this, in my opinion, any time is a good time for you to buy a house for self-occupancy.

    There's a definite risk in waiting too long for the perfect opportunity. So, if you get a house that fits your budget and requirements, JUST GO FOR IT.

    It's impossible to predict the point of lowest ebb in the real estate market, just like in the stock market. You shouldn't time the purchase of the house based on the real estate prices but on the basis of your affordability. In fact, the danger in delaying a purchase too long is the buyer losing out on the best properties, especially on the secondary sales market...


    Dear All , Wish you and your family a very happy, healthy & prosperous New Year 2012.

    Thanks & Regards,
    Sachin
  • #2

    #2

    Re : Anytime is a good time to buy a home to live in

    YES..U R RIGHT. Anytime is a good time to buy a home to "live in"

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    • #3

      #3

      Re : Anytime is a good time to buy a home to live in

      Here is the link of the complete article from ET.

      Anytime is a good time to buy a house to live in - Page3 - The Economic Times


      Happy New year to all of IREF users .

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