Friday, September 26, 2008

Why should I buy now?

Well, if you listen to the news, you would think the world is crumbling. It is just like hanging out with people that talk negatively all day, that is what the news is, negative. You know I had a call today from someone who thinks they should not buy a home. Wow! so where are you going to live. Well I'll rent. That just blows my mind!!! A home is the one investment you have control over and actually get to use, it gives you shelter, warmth, a place to be with family, friends and you control your enviroment. You are investing in yourself and the way you care for things.

Lets look a renting, the landlord has no emotion to that home, if things go bad, they will get rid of what you are living in a lot faster than what they are living in. Not only that, they dont want you to make any changes to it, and if something goes wrong, it is not their first priority to take care of. I dont know about you but if things go bad I want to be in MY HOME, and something I can work with.

People!! Listen to me, we never had a huge subprime lending practice here in Oklahoma. We have a lot of home for the money!!! We have a good economy. People are still buying gas, still going to WalMart, still at Sams, we still exist!! We did not need to lend on homes that were so over inflated at regular wages!!! Gary and I do a lot of business and when we look back there was only 1 person that did a sub prime loan!! This makes sense, people get greedy and the thought of lending to people money when they could not afford it does not make sense. But people were making a practice of it, and now they are shocked when they did not pay!! Why is this surprising. I know that I dont have all the facts, thats true, but I do know that our phones are still ringing, yes we have more inventory, its because people trying to move here cant sell their homes elsewhere. Dont give up on this nation people!! Buying a home makes sense, prices are not over inflated, interest rates are still great! My parents bought at 18%, during good times, we are in the 6's. Make sure you talk to a LOCAL Realtor and do me a favor, stop watching the news and hanging out with negative people. Your parents were right when they stated that you should surround yourself with positive influences!!!

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