I am in Escrow, but extremely nervous now…what should I do.

[(former)FormerSanDiegan]

What is your monthly PITI plus hoa ?
What could you get in rent for this property ?

If these numbers are reasonably close (e.g. rent being within a couple hundred bucks of PITI plus hoa) then you are in a good long-term position buying today at 2003 prices.

[scaredyclassic]

you should not be scared. I am not in the least bit nervous talking about your money. It’s all gonna work out in the end. Sure you might, possibly, be underwater for a few years, but in 5, 6 years, you’ll be floating nicely and you’ll be socking away equity like there’s no tomorrow. Everything’s gonna be fine!

[scaredyclassic]

you should not be scared. I am not in the least bit nervous talking about your money. It’s all gonna work out in the end. Sure you might, possibly, be underwater for a few years, but in 5, 6 years, you’ll be floating nicely and you’ll be socking away equity like there’s no tomorrow. Everything’s gonna be fine!

[scaredyclassic]

you should not be scared. I am not in the least bit nervous talking about your money. It’s all gonna work out in the end. Sure you might, possibly, be underwater for a few years, but in 5, 6 years, you’ll be floating nicely and you’ll be socking away equity like there’s no tomorrow. Everything’s gonna be fine!

[scaredyclassic]

you should not be scared. I am not in the least bit nervous talking about your money. It’s all gonna work out in the end. Sure you might, possibly, be underwater for a few years, but in 5, 6 years, you’ll be floating nicely and you’ll be socking away equity like there’s no tomorrow. Everything’s gonna be fine!

[scaredyclassic]

you should not be scared. I am not in the least bit nervous talking about your money. It’s all gonna work out in the end. Sure you might, possibly, be underwater for a few years, but in 5, 6 years, you’ll be floating nicely and you’ll be socking away equity like there’s no tomorrow. Everything’s gonna be fine!

[scaredyclassic]

on the other hand, if we were talking about my money, I would be terrified.

[scaredyclassic]

on the other hand, if we were talking about my money, I would be terrified.

[scaredyclassic]

on the other hand, if we were talking about my money, I would be terrified.

[scaredyclassic]

on the other hand, if we were talking about my money, I would be terrified.

[scaredyclassic]

on the other hand, if we were talking about my money, I would be terrified.

[looking]

I am also in escrow after an extremely long time watching the market. I am also nervous and I fully expect that the prices of houses in the higher end areas will continue to go down in inflation-adjusted terms; however, I think the actual price may not drop that much. If it does, oh well. I need to get on with the rest of my life and things like school for my kids start to come into the picture. Good luck with whatever you choose to do.

BTW, I think the inventory will be dribbled out over a prolonged period depressing prices for 5-10 yrs. It’s unclear to me whether inflation or the inventory will win out.

[looking]

I am also in escrow after an extremely long time watching the market. I am also nervous and I fully expect that the prices of houses in the higher end areas will continue to go down in inflation-adjusted terms; however, I think the actual price may not drop that much. If it does, oh well. I need to get on with the rest of my life and things like school for my kids start to come into the picture. Good luck with whatever you choose to do.

BTW, I think the inventory will be dribbled out over a prolonged period depressing prices for 5-10 yrs. It’s unclear to me whether inflation or the inventory will win out.

[looking]

I am also in escrow after an extremely long time watching the market. I am also nervous and I fully expect that the prices of houses in the higher end areas will continue to go down in inflation-adjusted terms; however, I think the actual price may not drop that much. If it does, oh well. I need to get on with the rest of my life and things like school for my kids start to come into the picture. Good luck with whatever you choose to do.

BTW, I think the inventory will be dribbled out over a prolonged period depressing prices for 5-10 yrs. It’s unclear to me whether inflation or the inventory will win out.

[looking]

I am also in escrow after an extremely long time watching the market. I am also nervous and I fully expect that the prices of houses in the higher end areas will continue to go down in inflation-adjusted terms; however, I think the actual price may not drop that much. If it does, oh well. I need to get on with the rest of my life and things like school for my kids start to come into the picture. Good luck with whatever you choose to do.

BTW, I think the inventory will be dribbled out over a prolonged period depressing prices for 5-10 yrs. It’s unclear to me whether inflation or the inventory will win out.

[Author]

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