well, yeah, financing opportunity. if people are giving the money away, and the monthly payment is very cheap, then either prices will plummet in which case I’ll ditch the house, they’ll stay the same or plus or minus several hundred dollars int he payemnt, in which case we’ll stay, or they’ll shoot way up for some oddball reason, and I’ll win. How do i lose? it doesn’t seem stressful to me because I put nothing into it. I’d only be stressed if I were losing my 20% down.
what would be stressful about deciding to dump a property that lost a lot of equity where i’m not paying the payment anyway? I’d be pleased. I’d be saving my monthly payment and getting ready to rent again which i’ve done my whole life anyway, no stigma for me. but unless the govt financing fha scam craters shortly, it will probably put the bottom under housing at that price range, right? give or take some…
