PhilKenSebben
Distinguished Member
- Joined
- Sep 16, 2012
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You only regret things like this if youIf I buy now, am I getting the worst of both worlds? (After the full run up in price + high interest rates).
Such a pain as there’s a nice house (0.3 acres, which in LA county is solid), but I’m really not trying to buy at the top and regret it for years
1) run the risk of not being able to afford mortgage in the future
2) plan on moving soon
3) don't enjoy what you are buying and are buying it because 'it is available'
4) plan on needing money from your house in the fiture
Buying at any price is irrelevant if you plan on keeping it "forever" and you can afford the payment.
I am a bif believer of buy what you want, when you want. You can't live trying to time the market