Wednesday, July 2, 2008

The Good Old Days

I remember a time when a home was a place to settle down, raise a family and make some memories.

Too often in recent years we have viewed home ownership as a short term investment, complete with double digit rates of returns on investment.

Well, we need to wave goodbye to yesterday and return to the five year rule. What is the five year rule? If you buy a home today, expect to live there at least three to five years if you hope to break even at the time of sale. Never mind double digit profits.

When you view your home less as of a commodity and more of a place to build a life, you will be less concerned about your ‘rate of return’ and more attuned to the important aspects of life.

Just remember, I am always looking for new clients and new home opportunities. If you have friends, co-workers or family who are looking to make some memories of their own, I would appreciate the referral. I promise to treat them right!

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