Is It Time to Buy a Home?

to own or to rent that is the question

to own or to rent that is the question hi I’m Rebecca Brayton and welcome to

hi I’m Rebecca Brayton and welcome to

hi I’m Rebecca Brayton and welcome to watchmojo.com and today we’ll be

watchmojo.com and today we’ll be

watchmojo.com and today we’ll be speaking with Sandra D’Amato host of

speaking with Sandra D’Amato host of

speaking with Sandra D’Amato host of HGTV’s Property Virgins to get the

HGTV’s Property Virgins to get the

HGTV’s Property Virgins to get the answer a few years ago everyone was

answer a few years ago everyone was

answer a few years ago everyone was provided with the opportunity to buy a

provided with the opportunity to buy a

provided with the opportunity to buy a house and that is generally seen as the

house and that is generally seen as the

house and that is generally seen as the reason for the housing crisis do you

reason for the housing crisis do you

reason for the housing crisis do you agree with this actually it’s a great

agree with this actually it’s a great

agree with this actually it’s a great time to buy houses now and and everybody

time to buy houses now and and everybody

time to buy houses now and and everybody has the opportunity now I think it’s

has the opportunity now I think it’s

has the opportunity now I think it’s kind of the flip side because before

kind of the flip side because before

kind of the flip side because before houses were not affordable for a lot of

houses were not affordable for a lot of

houses were not affordable for a lot of people so now with the softening of the

people so now with the softening of the

people so now with the softening of the market and the pendulum swinging from a

market and the pendulum swinging from a

market and the pendulum swinging from a seller’s market to a buyers market we

seller’s market to a buyers market we

seller’s market to a buyers market we see more opportunities for buyers

see more opportunities for buyers

see more opportunities for buyers mortgages are readily available interest

mortgages are readily available interest

mortgages are readily available interest rates are very very low that’s wonderful

rates are very very low that’s wonderful

rates are very very low that’s wonderful for buyers because then your monthly

for buyers because then your monthly

for buyers because then your monthly expenses are going to be last maybe you

expenses are going to be last maybe you

expenses are going to be last maybe you can afford a bigger house and you could

can afford a bigger house and you could

can afford a bigger house and you could have afforded when interest rates were

have afforded when interest rates were

have afforded when interest rates were higher also there’s inventory available

higher also there’s inventory available

higher also there’s inventory available so fires actually have choice now

so fires actually have choice now

so fires actually have choice now instead of feeling like oh I have to get

instead of feeling like oh I have to get

instead of feeling like oh I have to get this house oh my gosh if I don’t get

this house oh my gosh if I don’t get

this house oh my gosh if I don’t get this house then what am I going to do

this house then what am I going to do

this house then what am I going to do and it’s going and bidding war and

and it’s going and bidding war and

and it’s going and bidding war and multiple offers and I don’t have time

multiple offers and I don’t have time

multiple offers and I don’t have time for a home inspection so it’s a much

for a home inspection so it’s a much

for a home inspection so it’s a much better climate for buyers essentially on

better climate for buyers essentially on

better climate for buyers essentially on a case by case situation you can

a case by case situation you can

a case by case situation you can negotiate some great prices right now so

negotiate some great prices right now so

negotiate some great prices right now so as long as you have a motivated seller

as long as you have a motivated seller

as long as you have a motivated seller and you’re a motivated buyer there could

and you’re a motivated buyer there could

and you’re a motivated buyer there could be a great deal who should own and who

be a great deal who should own and who

be a great deal who should own and who should rent a home well a lot of people

should rent a home well a lot of people

should rent a home well a lot of people are relocating to different cities or

are relocating to different cities or

are relocating to different cities or different countries so I would recommend

different countries so I would recommend

different countries so I would recommend that they rent to find out what sort of

that they rent to find out what sort of

that they rent to find out what sort of vibe the city has and where they want to

vibe the city has and where they want to

vibe the city has and where they want to be and what their needs are in this new

be and what their needs are in this new

be and what their needs are in this new city and what great school districts or

city and what great school districts or

city and what great school districts or what great dog parks whatever their

what great dog parks whatever their

what great dog parks whatever their needs are so rent rent for six months or

needs are so rent rent for six months or

needs are so rent rent for six months or a year if you can and figure it out by

a year if you can and figure it out by

a year if you can and figure it out by then and then purchase that’s a great

then and then purchase that’s a great

then and then purchase that’s a great time to do it or if you’re blending

time to do it or if you’re blending

time to do it or if you’re blending families’ you want to try it out maybe

families’ you want to try it out maybe

families’ you want to try it out maybe rent but don’t rent really long term

rent but don’t rent really long term

rent but don’t rent really long term because I think you have a good

because I think you have a good

because I think you have a good opportunity to invest in real estate and

opportunity to invest in real estate and

opportunity to invest in real estate and build some equity that way