Thank you Graham for the valuable content and advise. I live in the Charlotte, NC area and the housing market over here has been wild for a while 😆. In the past few months I was motivated by buy but I refused to pay extra for a house that I knew did not have the value and was obviously overpriced. At one point I was putting at risk $25K just to get through an offer that I though was reasonable. Thankfully my offer was not accepted, so I was relieved in the end because I was not happy about the whole process and extreme competition. People around here were making offers of $50K above the asking price, or buying without viewing the house in person..... good luck to them. Ultimately, I've chosen to invest outside of the U.S. (my home country). I took my down payment and purchased a rental vacation condo in front of the beach for a fraction of what I would have paid in Charlotte. My investment is already producing income and I am happy paying rent in Charlotte until the time is right to explore buying a house again. I watch your weekly YouTube videos for the valuable content. Thank you!
Thank you, Graham, but this isn't good for my blood pressure.
Thank you Graham for the valuable content and advise. I live in the Charlotte, NC area and the housing market over here has been wild for a while 😆. In the past few months I was motivated by buy but I refused to pay extra for a house that I knew did not have the value and was obviously overpriced. At one point I was putting at risk $25K just to get through an offer that I though was reasonable. Thankfully my offer was not accepted, so I was relieved in the end because I was not happy about the whole process and extreme competition. People around here were making offers of $50K above the asking price, or buying without viewing the house in person..... good luck to them. Ultimately, I've chosen to invest outside of the U.S. (my home country). I took my down payment and purchased a rental vacation condo in front of the beach for a fraction of what I would have paid in Charlotte. My investment is already producing income and I am happy paying rent in Charlotte until the time is right to explore buying a house again. I watch your weekly YouTube videos for the valuable content. Thank you!