With the state of affairs and the markets, Topsy turvey attitude, now's a troubling but thought provoking time. You have to make the decision.....are my financing and state of affairs in place? Have I been "floating along" making minimum payments and just going with the flow? And now you find it's the time to buy, and sell actually!!
The stock market has made a many people realize that the "get rich" scheme can come to a halt too fast for anyone's liking. And now, your home's lost this "ghost" equity!!! What is going on?? (if you bought the home 2 years ago....)
The great thing about the housing market is, it always stabilizes after an exaggerated bubble. What's an exaggerated bubble? Well when the market climbs all things climb with it. Because, and thank God, the housing industry is not regulated by the stock market, when good times go with stocks, the housing market reciprocates from it. When the market takes a plunge....housing drops, but it doesn't die.
Interest rates drop, inventory grows and all that couldn't buy in the past can....... That's the way it works. You have to survive the downs, in order to benefit from the ups. If you listen to the news, no one has equity in their homes and can never sale! I beg to differ. www.fabailey.comfind out what your market is doing, here in Bexar and Guadalupe county, I bet you will be shocked, that we are bucking the news trend.
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