In my last article I addressed the issue of when is it the right time to sell and came to the conclusion that, what ever reason you might have to sell, there is not really a right time to sell. Of importance is that you make the right decision.
Next on the Agenda, when is it the right time to buy property?
It used to be considered fuddy-duddy to invest in a home before you really needed to. Buying a house was for those married and planning a family and not for the single tying them down with a house payment. Time has changed and today we see more people that would rather like to own a house than to rent and more and more people that have to make the decision on when it is the right time to buy.
If you are a first time home owner you will be aware of the struggle that most first time buyers are facing as property prices for property for sale have risen and are now starting to settle. If you are looking for that second or even third house to buy it might even be a struggle for you as buyers are finding it harder than ever to get a foot on the property ladder.
With the current property market it is very hard to know when to make a move and we saw the following happened over the last few months;
One good thing about buying property when the market is busy cooling down or has cooled down is that homeowners that have property for sale offers various incentives and promotions to keep their properties moving and to reduce unsold inventories. Swimming pools, high-tech kitchens, newly painted houses, landscaping and upgraded bathrooms are but just a few of the offerings.
No matter what the decision buying property involves us in the biggest financial commitment of our lives. And no matter property prices, interest rates or what the experts have to say it is your decision and yours only.
If you have decided to go ahead and buy make sure of the following;
I always believe in investing a little time and effort before the time and reap the reward at sale time.
The editor
Pat Jewell
www.cyberprop.com
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 Newsletter:
30 July to 5 August 2010 - Howick, KwaZulu Natal, South Africa |
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