Always? What if your income is 40K, you have no down payment, and some sub prime lender offers you a loan for 350K and you are buying in a bubble mecca. Oh, by the way there are other ways to put "a roof over your family’s head," its called RENTING.
People who are waiting for prices to fall will miss it, and interest rates are just going to go up. But putting a roof over your family’s head is always the best investment you can possibly make.
Saturday, November 19, 2005
Cheerleading Quote of the Week
Marilynn Ferreira, who sits on the Board of Directors for the San Benito County Association of Realtors had this to say about buying a house now:
Posted by David at 9:27 PM