Are You Afraid Of the Grass Being Greener On The Other Side?

November 20, 2008

“But what if mortgage rates drop next month…”, “I’d hate to pay too much for a home”, “I want to buy at the absolute bottom of the market…not a penny more!” “What if I buy now and then price go down again – I’ll be upside down within a few months!”

It’s human nature to want the best deal – the nicest house for your money – the lowest possible interest rate. But while caution may be good in choosing which stocks have good investment potential, many people lose sight of the fact that the primary reason for buying a home is to provide shelter for you and your family. Yes, I know that many have speculated in real estate over the last few years and cashed in on the escalating home prices. But those days are not these days.

Today your main motivation should be to find the best fit for your budget and your family. Does it really matter whether you pay 5% or 4% for a mortgage if you find a home that fits nicely into your conservative financial plan? Isn’t it more important to have a space for your daughter to practice the piano away from the noisy den than to have a cheap house with a floor plan that’s all wrong? Or wouldn’t you enjoy a beautiful shade tree in the back yard where you can hang a hammock more than a great deal on a home right next to a busy road?

Yes, there will be buyers who will buy at the lowest prices of the century and get a low mortgage too. But will they have the luxury of picking out a home that fits their needs, that nurtures their soul? Will they find a home that makes them go “Aaaaaah!” at the end of the day as they walk through the front door? Or will they merely use the space as a functional place to lay their head.

If you look to what makes a house a home, you’ll find that the grass is just as green, if not greener in a home chosen for love rather than money!

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Local Information for Cherry Hill, NJ

Latitude: 39.940445 -- Longitude: -75.012196

Other Area Cities: Cherry Hill Audubon Burlington Camden Collingswood Delran Edgewater Park Moorestown Mount Holly Willingboro Haverford Marlton Clementon Haddonfield Mount Laurel Voorhees

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The area now known as Cherry Hill was originally settled by the Lenni-Lenape Native Americans who coexisted peacefully with the first settlers from Britain, Quaker followers of William Penn who arrived in the late 1600s. The first settlement was a small cluster of homes named Colestown, in the perimeters of what is now the Colestown Cemetery on the corner of Route 41, King's Highway and Church Road. The municipality was founded on February 25, 1844, as Delaware Township from half of the area of Waterford Township. The township underwent explosive growth in the post-World War II era, with continued population growth through the 1980s. Today, the municipality's population remains stable with new development generally occurring in small pockets of custom luxury homes, low-income housing, or through the rehabilitation and adaptive reuse of existing commercial and industrial areas. -- Source: Wikipedia.com

New Jersey 2000 Census Population Profile Map

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