Should there be any concerns? I have been very conservative and have paid for my house and most of my land. Still driving my Dad's old 93 GMC for a beater!
I am looking at a house on the water (bay and canal) on the east coast of Florida. Beautiful place.... I mean picture perfect... And a pretty good price with out any in-depth investigation. I have to admit I am apprehensive on pulling the trigger. I have crunched the numbers and can afford it, but what if Obama gets back in and we spiral further into economic turmoil?
Maybe I should be looking at a place in New Zealand?
PS was thinking of doing some vacation renting if zoned for so.