Derby Hill in CV???

[waterboy]

IMO you can have other reasons than investment on your top 3 reasons to buy a home, but it still needs to be considered highly as an investment…a very large one for most. What if a family had to relocate or their was a illness or job loss? Not always easy to dump a house quickly at the necessary price.

[justbought]

Of course it would be best if one could buy low and sell high and pocket the change. But for a family with bunch of kids, it might be more important to have the space and stability. Even after selling a house, a family needs a equivalent place to live in; perhaps for rich families, the hassle isn’t worth a few 100K. For singles and couples who smartly bought back in 2000, I agree they should have sold last year and sit on the side line for few years.

[justbought]

Of course it would be best if one could buy low and sell high and pocket the change. But for a family with bunch of kids, it might be more important to have the space and stability. Even after selling a house, a family needs a equivalent place to live in; perhaps for rich families, the hassle isn’t worth a few 100K. For singles and couples who smartly bought back in 2000, I agree they should have sold last year and sit on the side line for few years.

[justbought]

Of course it would be best if one could buy low and sell high and pocket the change. But for a family with bunch of kids, it might be more important to have the space and stability. Even after selling a house, a family needs a equivalent place to live in; perhaps for rich families, the hassle isn’t worth a few 100K. For singles and couples who smartly bought back in 2000, I agree they should have sold last year and sit on the side line for few years.

[an]

I’m not talking about timing the market when you sell. I’m talking about jumping head first into a property when there are extreme risk involve and you can’t truly afford it in the first place. If I bought in 2000, I wouldn’t have sold. I would just enjoy my home for the stability and space you describe as well as a mortgage that’s probably cheaper than rent.

[an]

I’m not talking about timing the market when you sell. I’m talking about jumping head first into a property when there are extreme risk involve and you can’t truly afford it in the first place. If I bought in 2000, I wouldn’t have sold. I would just enjoy my home for the stability and space you describe as well as a mortgage that’s probably cheaper than rent.

[an]

I’m not talking about timing the market when you sell. I’m talking about jumping head first into a property when there are extreme risk involve and you can’t truly afford it in the first place. If I bought in 2000, I wouldn’t have sold. I would just enjoy my home for the stability and space you describe as well as a mortgage that’s probably cheaper than rent.

[Alex_angel]

Why is there any risk when you can afford the payments? If you pay $5000 a month on a $800k home and in two years it is worth $600k yet you still cn make the $5000k a month payment then were is the risk? It’s only a risk when you can’t afford it. Waiting to get in when there is no risk is never going to happen.

[Alex_angel]

Why is there any risk when you can afford the payments? If you pay $5000 a month on a $800k home and in two years it is worth $600k yet you still cn make the $5000k a month payment then were is the risk? It’s only a risk when you can’t afford it. Waiting to get in when there is no risk is never going to happen.

[Alex_angel]

Why is there any risk when you can afford the payments? If you pay $5000 a month on a $800k home and in two years it is worth $600k yet you still cn make the $5000k a month payment then were is the risk? It’s only a risk when you can’t afford it. Waiting to get in when there is no risk is never going to happen.

[justbought]

my point too. I am guessing that my neighbors make enough money and seem serious about staying, like I am. So I think it’s going to be a stable neighborhood, unlike many that are becoming ghost towns.

[justbought]

my point too. I am guessing that my neighbors make enough money and seem serious about staying, like I am. So I think it’s going to be a stable neighborhood, unlike many that are becoming ghost towns.

[justbought]

my point too. I am guessing that my neighbors make enough money and seem serious about staying, like I am. So I think it’s going to be a stable neighborhood, unlike many that are becoming ghost towns.

[Navydoc]

Alex, that’s the craziest thing I’ve ever heard. I may very well be able to afford to take the hit you describe, but I would be extremely upset about it. It would mean that the $200k I’ve saved over the past few years was effectively flushed down the toilet. You’re right, I could handle it, but I just don’t want to. Especially since that money would have been sacrificed because of a bunch of Kool-Aid drinking fools who artificially inflated the housing market.

I’ll continue to rent and keep my money, thanks.

[Navydoc]

Alex, that’s the craziest thing I’ve ever heard. I may very well be able to afford to take the hit you describe, but I would be extremely upset about it. It would mean that the $200k I’ve saved over the past few years was effectively flushed down the toilet. You’re right, I could handle it, but I just don’t want to. Especially since that money would have been sacrificed because of a bunch of Kool-Aid drinking fools who artificially inflated the housing market.

I’ll continue to rent and keep my money, thanks.

[Author]

Posts