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Personal Finances / Buying or Selling a Home


Subject:  Re: Here's what to expect... Date:  10/6/2012  7:33 PM
Author:  Gingko100 Number:  124349 of 128887

Indeed, frustrated would-be buyers are saying, "but when will lenders start to loosen their standards?"
I firmly believe that most of these people would be better off not buying, and the fact that things were so loose before is mostly what got us in trouble.

Buying a house is only really a good thing if you have a cushion and aren't stretching to do it. Nothing wrong with renting.
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