What are some good reasons not to buy a home?

Asked by Trulia Houston, Houston, TX Mon Feb 18, 2013

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Mark McNitt, Agent, Houston, TX
Mon Feb 18, 2013
BEST ANSWER
If the client is not sure of where their future employment might be located. Personal reasons like getting married, picking a future location for schools or other family matters. Other reasons might be as simply as not being familiar with an area or not knowing what type of property they want to buy (single family home VS condo, new VS old, etc)

But the biggest reason is typically financial. If they are truly not ready to buy because they do not have enough money saved up, credit scores are causing them to pay higher than average interest rates or simply not enough time being employed are all good reasons to wait a year or so and make sure they are on solid financial ground before they decide to buy.

A good Realtor will be a great friend when recommending "not" to buy if they see some of these warning signs. Those buyers will typically appreciate our honesty and come back to us when the time is right.

Mark McNitt
m 832-567-4357
Bernstein Realty, Inc.
0 votes
Joe Cano Jr, Agent, Houston, TX
Tue Feb 19, 2013
Money, convenience, upkeep; life, we are ALL on a different time clocks. Most people KNOW, if still in question, then they should ask us for our assistance.


Joe Cano - Realtor/Locator
(281) 785-5132
joelocator@att.net
Web Reference:  http://joelocator.com
1 vote
Mark H Rogers, Agent, Houston, TX
Mon Feb 18, 2013
Because the Houston rental prices have increased significantly .............
0 votes
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