Excellent reasons to not purchase a Home

We always talk about about what a great time it is to purchase a home in WNY, but there are some very sound reasons why you might not want to purchase a Western New York home at this time. Even though you may have the financial resources and the desire to own your own home, it might not be the right time for YOU.

Yes you read that correctly.

We have a reason to suggest that. There are so many times that we see where good people make poor decisions and then they find that they have to sell a Western New York Home too soon. Too often we find that we have to sell a home for a client that is in a tough spot, having to sell right after purchasing a home.

Read Also: Is this a good time to purchase a home in WNY?

When you purchase a home, you don’t want to be in a position where you have to turn around and sell it too soon. The longer you own a home you have time to experience the greatest appreciation. So if you are hesitating there may a good reason to listen to your gut.

Here are a few reasons to think twice before purchasing a WNY home:

You are experiencing marital problems - If your marriage is trouble, this is not a good time to purchase a home in Western New York. You have to think about the potential of your marriage not surviving. Let’s face it; purchasing a home is a stressful event in any relationship. One that is struggling it is particularly tough.

Read Also: Real Estate and your pending divorce

You are new to the area - Are you unfamiliar WNY area? This is an excellent reason to rent instead of purchasing. You may like an area only to discover that you would be absolutely in love with another area that you had no idea existed.

Read Also: Buffalo Relocation Guide

Your job is not secure or you just changed careers - How long have you had your job? How secure is your job? Do you have six or nine months in the bank? Could you find another job paying as much or more than you currently earn?

If you are feeling a little uneasy, perhaps you should wait to purchase a new home. Here are some great articles to assist you decide if financially this is a good time to purchase a home:

Better to take your time and be absolutely sure that this is the time for YOU to purchase a home. Just because everyone else is purchasing homes right now doesn’t make it the right time for you. It is ok to delay a home purchase, only you can decide if this is the right time to purchase a home.

Are you ready to purchase a WNY home? We would like to assist you! Call Colleen Kulikowski at (716) 650-0051.

Thinking of selling your Erie County home? Interested in finding out the current market value of your single family home, condo or investment property? Then call www.BestBuffaloHomes.com at (716) 650-0051 to discuss what is happening in today’s Western New York Real Estate Market. We would be happy to give you a personalized Comparative Market Analysis for your home or assist you to purchase a home. View additional WNY Market Area Statistics here.

What about one of these homes?

All Statistics are gathered from the Buffalo Niagara Association of REALTORS®.
Properties found on this Web site may be listed with a brokerage other than the owner of this site and are displayed here via the Internet Data Exchange (IDX) system of this broker’s MLS. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing nor displaying broker shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. © 2014 Western New York Real Estate Information Services (WNYREIS), LLC. All rights reserved.
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About Colleen Kulikowski, Associate Real Estate Broker (716) 650-0051

Colleen Kulikowski is an Associate Real Estate Broker with the Griffin Team @ Keller Williams Realty Buffalo Northtowns specializing in Western New York residential homes who doesn’t follow trends; she blazes new trails and is able to recognize industry trends and implement them to her client’s best interest. Colleen has created a unique following with one of the top local internet positions in the country generating thousands of leads for her team. Real Estate is a second career for Kulikowski who’s first career was in Information Technology and Data Warehousing working for such companies as Radio City Music Hall, Nabisco Foods and as a consultant in the Financial and Insurance industries. A strong background in technology and management provides her with keen analytical and sharp negotiating skills.

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