Reply to Buying A House In This Craziness

Forum Index » Real Estate

Reply to "Buying A House In This Craziness"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]So is the overall consensus that those of us who were planning to buy should wait? My lease is up in late June and I had planned on giving my two months notice in April. Should I extend the lease for a few months? The month to month increase is extraordinary (103%) so there is no way I can or will go that route.

Additionally, if I stay, should I negotiate the increase my landlord has provided considering that none of the amenities, which are included in the rent, are operational?[/quote]

The housing market will still be there.  There are just too many things that can go wrong trying to buy during a pandemic that shuts down the country.  Personally, I'd just hold off until next year at the minimum.  What if you buy and you can't move in because the governor puts in a mandatory stay in place for months, yet you get kicked out of your apartment or will get stuck paying month to month, because you can't move in, while simultaneously have to pay a new mortgage?  What if you lose your job?  What if you can't even hire a moving company?  So many things that can go wrong. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics