I, or anybody of my age group, were raised with different standards. Growing up I hated the stories, and how we had to scrimp and do without “if we didn’t have the money to buy it, we went without.” But today, as “elder” adults, we can handle crises; we can handle the uncertainty; our life and health is what’s important and once we “hopefully” get past this, we will deal with our retirement savings later. Unfortunately, not everyone will escape the virus — we can hope, it will be like a cold or worse case scenario the flu — but the ones of us who are realists know there will be death.
I can’t imagine, being raised as I was, that anyone in this uncertainty would even consider real estate transactions not knowing what the economy is going to do; not knowing if they will continue having a job; not even knowing if the company they work for will even be in existence. NSAs are concerned about their bills and how they are going to survive, I’m looking on it from the other side of the fence of the number of mortgages that will go into default once we get on the other side of this. Risking the unknown of this virus is definitely NOT worth the measly signing fee — heck, it wouldn’t even be worth it with the pre-2008 signing fees. Those still signings, PLEASE stay in your home. |
