The market is vicious. While it is a good time to buy, you must make sure you can afford that cost. There is no reason someone should be paying 2,000 monthly to rent in todays market with average credit and a good job. If you can afford amounts similar there of, you can afford to purchase. Just consult the RIGHT advisor and establish a 5 year plan then go for it. Always expect a good and copetitive rate, if not... it is better to rent.
A 5 year plan is necessary regardless of what you are doing. If you are looking to purchase within the next 3 years then you may want to do something within the next 6 to 8 months. For those working in the market... hold on tight and keep focusing on the future while you learn the basics regarding growing your clientele. Be a specialist in what you do and work hard for it. The key is to be around in the long run.
Making the right decisions is always a hard thing to do. ALWAYS. Everything you do... work, play, sleep, whatever; it is important to make the right decision. Take your time with it. The majority of bad decisions are made in a hurry. Surrounding yourself with the right people is only a beginning... time will provide you with an ending.
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