Here's some great advice from an online financial magazine caled Moneyning. It reccommends that if your going to buy a home or condo make sure you plan on staying for at least 5 years or more. With all the up front costs and commissions assosiated with buying and selling you need at least 5 years via appreciation to get that money back.
One of the great things about Real estate is that it's forgiving if you keep it.
Here's a link to the article. http://moneyning.com/housing/the-five-year-rule-for-buying-a-house/
This entry was posted on February 3rd, 2012 by Owen Bigland | Posted in General