wow, this thread took a turn down the nasty street.
when we bought the house – we did plan to be there for the long run, that is still the plan.
after seeing my *neighbor* preparing for foreclosure, and another house down the street already bank owned, it made me wonder what he/they might wind up doing.
that got me thinking, *what it* I had to unload mine, what would I do.
if my house goes negative by $50k i’m not gonna have a hissy fit and try to run. I guess, if suddenly I could buy a house that was 10 times better, for half what I paid for this one, I would think of a way to trade up. that’s human nature.
I just think long term, and usually think of many alternative contingencies and plan for them all. i think about retirement plans and options too, BUT I don’t plan on retiring for about 25 years. It’s a long way off, but i think about it. just b/c i’m wondering about exit strategies, doens’t mean i plan to do it.
better safe than sorry.
if you fail to plan you plan to fail
etc etc
