The chances are good that your property will appreciate. If all goes well, your property will eventually be worth more than you paid for it. You can dip into your equity by refinancing for a greater amount of money or, where available, get a home equity loan. These funds will not be taxable and in most cases, are tax deductible. In this way too, you can work around the fact that real estate is an illiquid investment.
Real estate is a good hedge against inflation.
There are no guarantees of course, but in time of growth, real estate appreciation often outpaces the rate of inflation. Talk to your Realtor and your lender to weigh your readiness to become a homeowner and take advantage of the rewards of homeownership. With the activity at fever pitch, it's not easy to keep your home clean. Here are a few suggestions to get you out from behind the vacuum with more time to spend poolside. If you have children, they're not gone all day at school now.