Two Reasons Not To Buy A Home

If you had to choose a reason for buying a home, what would you say? Most people would say its the American dream, but not everyone realizes that buying a home isn’t always a smart move. Here are a couple of ill informed reasons why buying a home isn’t always a good idea.

1 – Using Real Estate As An Investment – After all these years, this is still a popular argument, but it isn’t completely true. With fluctuating housing prices, real estate is not the most lucrative investment.

2- It’s Better Than Renting – Is it? Renting provides conveniences that home buying doesn’t provide. When something goes wrong, you’re responsible as the home owner. No one else.

Before buying a home, be sure you’re making the purchase for the right reasons.