ASK237: Is it realistic to keep your emotion out of a purchase? PLUS: Should I use a recession to my advantage?

This week on Ask Rob & Rob, the guys are trying to spread some positivity and calm people down with their worries on the current climate.

Many investors are in the purchase process already and some are getting nervous. So should they stick it out or run a mile? 

Our first question this week comes in from Steve who has a follow up question from this podcast episode a few weeks ago. 

He’s got a property that’s going to complete in a few weeks and although he’s trying to stay positive about the long term, he can’t help but have some doubts while we ride the coronavirus storm.. 

In short, he’s wanting a bit of positivity and reassurance in regards to what he should do moving forward. 

Next up we’ve got Sarah who’s wondering if she should try and use a potential recession to her advantage. 

She’s in the process of buying two flats in Salford, with one to complete soon. However, she’s considering delaying exchange to see if she could take advantage of any interest rate drops and possibly renegotiate prices.

Do Rob & Rob think she should proceed or try and renegotiate her current deals? 

There’s probably an awful lot of people in the same situation as Steve and Sarah. So what do The Robs think they should do? 

Tune in to find out.

 

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