Wednesday, August 29, 2007

To Buy or Not to Buy...That is the question

Well, this question is asked of me all the time. Should I buy now or should I wait? Well, the answer is "It depends" What is your motivation for buying. Do you need to move, have you outgrown your current living conditions, or do you just want a change of scenery. This is what I tell most people...If you are looking to move to the Tampa area, now is a great time to buy. There is an abundance of property on the market, the conditions for a Buyers market is there...people are getting some great deals right now from people that have to sell.

The insurance and tax issues are being addressed by the Governor and he has vowed it to be fixed by end of year. I myself believe him as I just changed insurance companies and saved myself almost 1/2 of what I was paying. I am paying less now than what I was paying when I first moved here over 3 years ago.

As far as taxes go...my latest tax bill actually went down far more than I had anticipated...still not enough though, but the super exemption will kick into effect for next tax season so my savings should be substantial.

So, again, to answer the question as whether to buy or not...it depends on your circumstances, so choose wisely.