Buy house later?
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 Mar 16 2010, 12:47 PM
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#1
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia   
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QUOTE(CyberKewl @ Mar 9 2010, 10:05 PM) Some of my friends are advising against buying house now citing reasons that interest rate will go up and house prices will drop, is this true? would it be better to buy house later say 3-5 months down the road rather than now? First go learn and understand properties. Then quickly buy.  Once you know what to look for in a property, minor issues like price drop, interest increease etc all will not matter anymore  |
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Mar 17 2010, 12:28 AM
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#2
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia
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QUOTE(airline @ Mar 16 2010, 06:12 PM) i think he wants to wait for market correction. if he/she know what to look for than dont need to wait until correction to snap a bargain Added on March 17, 2010, 12:30 am QUOTE(R o Y @ Mar 16 2010, 08:50 PM) As long as the banks are willing to lend, its a good time to buy property =) actually this is a good point. All this price drop n rate increase issues is just minor compared to IF banks stop lending.This post has been edited by Pai: Mar 17 2010, 12:30 AM |
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