A.D. Cantelmo Property Management
Our Business is Property Management in Orange County California
Is it a Good Idea to Entice People to Buy a Home
It seems as
though the Government is doing everything it can to increase the sale of homes.
The low interest rates have not been enough, so they seem to think that once
again, making home ownership available to people who previously would not
qualify, or could not come up with the down payment more available. Is this
really a good Idea? You know what they say about doing the same thing over and
over again even though the outcome is less then successful. It makes me think
that the people in charge are not looking for good policy, just good numbers for
the time being.
Sometimes it
is much better for people to rent, then to own. In my business of Property
Management in Orange County Ca. I see people all the time that had bought a
home in the last Real Estate boom and lost everything, because it was just not
the right thing to do. Pushing people into home ownership before they really can
afford it just creates more problems for everyone. This idea that everyone
needs to own a home is just not a good plan.
Look at it
this way, people who are on the edge of being able to buy a home, but need the
help of a low down payment to do so, are also the same people who may need to
be very flexible and have the ability to move to another area to get a better
job. If you entice them into home ownership, they lose the ability to pick up
and move. Home ownership is great for many, but not the right decision for
others.
In my
business of Property Management in Anaheim Ca. I know of many people who rent
for the reason I just stated. They want the flexibility to be able to move and
search for better opportunities. Being flexible is not just a good thing for
people looking for opportunities; many times it can mean a much better life for
these people in the future.
I think home
ownership is great thing for people who are stable and want to put down roots,
or for people who are looking for an investment.
In fact people who are looking
for an investment can buy Real Estate and still keep their flexibility.
My advice to
people, is look at Real Estate and make the decision to buy or not to buy with
your life position in mind and where you want to be in the future. Owning Real
Estate is a wonderful thing for so many people, but don’t let "easy in" programs
force your decision making process.
A.D. Cantelmo Property Management Specializes in Property
Management on Orange County Ca.