Some Considerations for Buyers to Ponder There are several concerns that a buyer, or potential buyer, should consider when deciding to purchase a house. Many would be buyers are sitting on the fence waiting before they make the move. Why are they waiting? There is currently an extremely high number of foreclosures among buyers who have purchased homes over the last 5 years. This is creating trepidation among the many who would like to buy, but are worried about getting into the same situation. Should they be concerned? Yes, they should. However, the buyer of today has the advantage of seeing what went wrong with this recent set of buyers and of not making the same mistake. Sub-prime loans, with upwardly adjusting payments, which they would not be able to afford, put those people i...
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