Tell me it just ain't so....
Sometimes we wake up to a new reality. The truth is reality has not changed, only our perception.
Friday evening our cable system went out for an hour or so. For whatever reason all the stations froze - except for one. It was as if I were a child agin with no choice of channels (clue - 1960s).
Anyway, the only program on the one channel was wrestling! Yippee! A long long time ago I believed wrestling was the real deal.
While out for my early morning walk, I was thinking about how some of the homes in my area were bought several years ago for a lot more money than they are worth today.
Some thought they were buying an investment. Some who were taking out all these HELOCs (home equity line of credit) thought they were using their investment wisely. 
Now, reality has set in...
A house should not be viewed as just another (or primary in some cases) investment. A house should not be used as a bank where you borrow unwisely against your home.
Life is a great teacher - even if the lesson is a difficult one to accept!
Gary L. Waters, Florida licensed real estate agent, Bucci Realty, Rockledge, Florida serving Florida's Space Coast including the cities and communities of Melbourne, Viera, Rockledge, Suntree, Merritt Island, Cocoa Beach and the surrounding region. Whether your interest lies in a 55+ community such as Heritage Isle, a golf course community such as Baytree National Golf Links or water front, give me a call!
Read my blog Florida Homes for Sale, Moving to Brevard County, Florida, and Brevard County Florida Real Estate Information.
