The Great American Dream Isn’t for Dreamers Anymore
In This Post
Buyers, don't be bribed any longer.
Bob Haywood’s post this morning Coldwell Banker Extends Tax Credit touched a nerve. The time has come to stop giving to buyers to make them act. If they don’t understand the value of buying a home, now, then they will have to learn just like the last bunch. When prices are going up rapidly and all of their friends are buying, then they will jump on. Why does this inane cycle continue? Do Realtors push people to buy because everyone else is buying?
The time to buy, dear Buyer, is when you feel the time is right in your personal life and your economic life to take on a huge responsibility. You are, for one thing, going to find a way to make at least the minimum payment that is establish in your loan documents every month for the next thirty years. You are taking on the challenge of a maintenance project that other people have started but you are going to continue, or you will see your down payment investment wasted.
You may just have to give up every weekend skiing or sailing or trekking adventures to stay home and paint, or mow, or clean. This house is not going to take care of it self and you now are the designated driver…for the next thirty years.
Mr. Rogers may have told you, you were special, just because you are you. But that place you now live in does not have a land lord you can call. The responsibility of that falls on your shoulders.
Don’t let anyone bribe you into buying a home. Homeownership makes for a special class of people. You’ll feel so real pride in yourself once you get there. Just don’t ride in on someone else’s coat tail. Earn it, and respect it. You will be glad you did.