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Author: pookiefool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127805  
Subject: Re: How much Condo to buy? Date: 1/17/2001 11:30 PM
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Hi Ray

Thank you for the response.

You wrote
>It sounds like you would be buying for all the "wrong" reasons.

What are the right ones and wrong one? As I understand it and I suppose this can vary depending on location and personal situation.. a good reason to buy is for the "lifestyle" and stability. I don't have any desire to worry about landscape and exteriors so a condo/twnhouse may be ideal. A bad reason is to buy with the intention of flipping the place in a short time to buy a larger place or to buy more than one can afford and be "house poor". I figure the future is always somewhat uncertain so it's best to try and understand as many of the pros and cons as possible and make an informed decision.

Thanks

Michelle



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