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Do not make the mistake to gamble with your primary home capital. Market timing is a speculative strategy that is not suitable for the prudent homeowner when building long-term wealth. During 3 out of the 5 last recessions, home value actually went up. If you are qualified for a mortgage, and you are speculating that a decline in the market is a better time to purchase your primary home, think again! Note: investment properties are not covered in the scope of this video. Key points include: Market timing is NOT the best strategy for purchasing a primary home. Market timing is speculating. The perfect time to buy a home is simply when you and your family are financially and emotionally ready. Building equity will come naturally over long-term ownership. Be patient, let compound interest and time do the heavy lifting. The chief purpose of your primary home is not to make money, it is to be financially prudent and generate long term returns. Book a coffee session with me at dannylau@golyon.com to find out more. I look forward to meeting with you. ------------------ WATCH MY OTHER VIDEO “RENT VS OWN”: • Rent VS Own | How Homeownership fits in yo... SUBSCRIBE FOR MORE VIDEOS: / @dannylaurealestate READ UP ON MORE REAL ESTATE TIPS AND STRATEGIES: / dannylaurealestate STAY CONNECTED WITH ME: Facebook: / dannylaurealestate Twitter: / dlaurealestate Instagram: / dannylaurealestate BOOK AN APPOINTMENT HERE: dannylau@golyon.com ------------------