Sitting on the fence

August 21, 2008

White picket fence It seems to me that a lot of people are sitting on the fence these days not quite knowing what to do about buying or selling in the Charleston real estate market.

Turn on the television, read the newspaper (does anyone still do that) or read the news online and news about the problems in housing and financial institutions has to make you take pause.

And yet, while no one wants to make a bad investment, your house is more than just a financial investment, it is also your home, where you live, raise your family, entertain friends and family, create memories and much more.

Whether you realize it or not, even if you are renting, you are making a mortgage payment; but it is your landlord’s mortgage payment, not yours.

Photo courtesy of Flickr by pbo31.

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