RENT find an owner attempting to sell, call the agent and ask are your sellers willing to rent their place while it is on the market? we have been in our place 2 years with this strategy..very very nice place!!! very very cheap in comparison!!!
FYI In escrow or pending is not sold
Math 101:
Price $875000.00
30% $262500= $612,500 @6.75 3445.00
Taxes=$911.00 monthly insurance for the coast min $200.00 monthly
Grand total=
4536.00
Decline of 10% in 07 and ? 08 S&P confirmed yesterday
07 loss $87500 08 loss 5% $39375= $126875.00
Reduction in your personal capital priceless…why make a move now?
