The purchase of a home represents a potential risk if you need to move quickly and the home does not appreciate rapidly in value.

Question

Quizplus · Accepted Answer

If you need to sell your home quickly and the home has not appreciated in value, you may end up selling for less than what you initially paid for it, resulting in a financial loss. Therefore, purchasing a home does represent a potential risk if you need to move quickly and cannot wait for the home to appreciate in value.

The Purchase of a Home Represents a Potential Risk If