The woe's of buying short in real estate

Many buyer’s who have been waiting on banks to approve short sales are quickly running out of time to receive the touted $8000 tax credit. Some are pulling out and buying houses that were second on their list to get into a home before the program for 2009 ends. That is OK, because there are no perfect homes out there for the average buyer. It is better to buy a home now when rates are low and housing prices are fairly low. Talk to any finance guru, and they will tell you, real estate is always a good investment for the long term.ecard small


One Comment to “The woe's of buying short in real estate”

  1. Ken Cole says:

    Thanks for the article Doug. Yes, short sales can take a long time.

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