Yah borrowing hasn’t been this cheap for a long time. The dollar getting weakened and inflation kicking in is also another reason why I want to put my cash into a house instead of just sitting in CD/savings.
The sad thing is, the community I’m looking at…there’s super low turn-over rate. Last year there were 3 houses that came out in that community. This year there are two as well…one is the one I’m looking at, and the other one came out with rediculous price (I’m thinking it’s asking for $200K above market price). Should I wait till I think I see the house I want? (not sure when)…or buy the one I like (but with some powerline). Trick question.
My goal right now is: if I can get this house with a decent price, then maybe. If it’s not willing to sell for the price I offered…I’d keep on waiting for the next one.
