Thinking About Buying a Home? Don’t Forget the 5-Year Rule!

by Albert Chen

Before diving into homeownership, consider the 5-Year Rule:
📌 If you’re not planning to stay in the home for at least 5 years, buying may not be the smartest move financially.
Here’s why:
💰 Closing costs, agent fees, and mortgage interest add up fast
📈 Real estate appreciation takes time to offset upfront expenses
📦 Frequent moves = more costs and less equity gain
Buying a house is a major investment—make sure it aligns with your long-term goals.
✅ Want to build equity?
✅ Need stability for your family?
✅ Ready to settle in one area?
If you're saying YES, it might be time to buy.
If not, renting could be the smarter short-term play.
📲 Have questions about buying real estate in Central Texas? DM me—I’ll give you the facts straight.
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Albert Chen

Managing Broker, JD, ABR, CREN | License ID: 723026

+1(512) 789-9899

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