Forum Replies Created
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AuthorPosts
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mercedes7
Participant[quote=bob2007]Opinions will vary widely. Stay 5-10 years, probably ok. Have to sell in less than 5 years, maybe a 10%ish type loss. To me, even if it costs me 10%, if my quality of life goes up (meaning I am happier overall), its worth it.[/quote]
Thanks Bob…it really is about quality of life. It has tennis courts and weight room available and I will finally feel “settled”. In 5 years I will save 10% of my purchase price vs renting, which means I will be essentially flat minus the cost of selling (if I decided to). In the mean time, I will get to enjoy the place and it’s mine. My only fear is that a sfr will come along that is exactly what I have wanted all along and I won’t be able to jump at it.
mercedes7
Participant[quote=bob2007]Opinions will vary widely. Stay 5-10 years, probably ok. Have to sell in less than 5 years, maybe a 10%ish type loss. To me, even if it costs me 10%, if my quality of life goes up (meaning I am happier overall), its worth it.[/quote]
Thanks Bob…it really is about quality of life. It has tennis courts and weight room available and I will finally feel “settled”. In 5 years I will save 10% of my purchase price vs renting, which means I will be essentially flat minus the cost of selling (if I decided to). In the mean time, I will get to enjoy the place and it’s mine. My only fear is that a sfr will come along that is exactly what I have wanted all along and I won’t be able to jump at it.
mercedes7
Participant[quote=bob2007]Opinions will vary widely. Stay 5-10 years, probably ok. Have to sell in less than 5 years, maybe a 10%ish type loss. To me, even if it costs me 10%, if my quality of life goes up (meaning I am happier overall), its worth it.[/quote]
Thanks Bob…it really is about quality of life. It has tennis courts and weight room available and I will finally feel “settled”. In 5 years I will save 10% of my purchase price vs renting, which means I will be essentially flat minus the cost of selling (if I decided to). In the mean time, I will get to enjoy the place and it’s mine. My only fear is that a sfr will come along that is exactly what I have wanted all along and I won’t be able to jump at it.
mercedes7
Participant[quote=bob2007]Opinions will vary widely. Stay 5-10 years, probably ok. Have to sell in less than 5 years, maybe a 10%ish type loss. To me, even if it costs me 10%, if my quality of life goes up (meaning I am happier overall), its worth it.[/quote]
Thanks Bob…it really is about quality of life. It has tennis courts and weight room available and I will finally feel “settled”. In 5 years I will save 10% of my purchase price vs renting, which means I will be essentially flat minus the cost of selling (if I decided to). In the mean time, I will get to enjoy the place and it’s mine. My only fear is that a sfr will come along that is exactly what I have wanted all along and I won’t be able to jump at it.
mercedes7
ParticipantNo plans on moving any time soon, but you never know, the unexpected does happen.
mercedes7
ParticipantNo plans on moving any time soon, but you never know, the unexpected does happen.
mercedes7
ParticipantNo plans on moving any time soon, but you never know, the unexpected does happen.
mercedes7
ParticipantNo plans on moving any time soon, but you never know, the unexpected does happen.
mercedes7
ParticipantNo plans on moving any time soon, but you never know, the unexpected does happen.
mercedes7
Participant[quote=SellingMyHome][quote=Arraya]Fuck that. Strategic defaults are such a infinitesimal part of this drama it’s negligible. It’s still at historical averages because of peoples misplaced morals, fear and shame. You went into a contract with a gangster syndicate that used the media and government to pump up an asset bubble for whatever reason.
Breaking a contract with these gangsters is the “right” thing to do. Besides the bank did not put up collateral or “consideration” in legal speak. It was just a ledger entry as the created the money with a keystroke.
Default away and feel good about it. Don’t listen to all these whinny bitches about moral and ethics. It is completely “bottom line” from top down. There is no reason to follow a set of ethics that the other party in the contract is not expected to.[/quote]
sweet! This is exactly what I need to hear!
I doubt that will get any responses![/quote]
It figures.
mercedes7
Participant[quote=SellingMyHome][quote=Arraya]Fuck that. Strategic defaults are such a infinitesimal part of this drama it’s negligible. It’s still at historical averages because of peoples misplaced morals, fear and shame. You went into a contract with a gangster syndicate that used the media and government to pump up an asset bubble for whatever reason.
Breaking a contract with these gangsters is the “right” thing to do. Besides the bank did not put up collateral or “consideration” in legal speak. It was just a ledger entry as the created the money with a keystroke.
Default away and feel good about it. Don’t listen to all these whinny bitches about moral and ethics. It is completely “bottom line” from top down. There is no reason to follow a set of ethics that the other party in the contract is not expected to.[/quote]
sweet! This is exactly what I need to hear!
I doubt that will get any responses![/quote]
It figures.
mercedes7
Participant[quote=SellingMyHome][quote=Arraya]Fuck that. Strategic defaults are such a infinitesimal part of this drama it’s negligible. It’s still at historical averages because of peoples misplaced morals, fear and shame. You went into a contract with a gangster syndicate that used the media and government to pump up an asset bubble for whatever reason.
Breaking a contract with these gangsters is the “right” thing to do. Besides the bank did not put up collateral or “consideration” in legal speak. It was just a ledger entry as the created the money with a keystroke.
Default away and feel good about it. Don’t listen to all these whinny bitches about moral and ethics. It is completely “bottom line” from top down. There is no reason to follow a set of ethics that the other party in the contract is not expected to.[/quote]
sweet! This is exactly what I need to hear!
I doubt that will get any responses![/quote]
It figures.
mercedes7
Participant[quote=SellingMyHome][quote=Arraya]Fuck that. Strategic defaults are such a infinitesimal part of this drama it’s negligible. It’s still at historical averages because of peoples misplaced morals, fear and shame. You went into a contract with a gangster syndicate that used the media and government to pump up an asset bubble for whatever reason.
Breaking a contract with these gangsters is the “right” thing to do. Besides the bank did not put up collateral or “consideration” in legal speak. It was just a ledger entry as the created the money with a keystroke.
Default away and feel good about it. Don’t listen to all these whinny bitches about moral and ethics. It is completely “bottom line” from top down. There is no reason to follow a set of ethics that the other party in the contract is not expected to.[/quote]
sweet! This is exactly what I need to hear!
I doubt that will get any responses![/quote]
It figures.
mercedes7
Participant[quote=SellingMyHome][quote=Arraya]Fuck that. Strategic defaults are such a infinitesimal part of this drama it’s negligible. It’s still at historical averages because of peoples misplaced morals, fear and shame. You went into a contract with a gangster syndicate that used the media and government to pump up an asset bubble for whatever reason.
Breaking a contract with these gangsters is the “right” thing to do. Besides the bank did not put up collateral or “consideration” in legal speak. It was just a ledger entry as the created the money with a keystroke.
Default away and feel good about it. Don’t listen to all these whinny bitches about moral and ethics. It is completely “bottom line” from top down. There is no reason to follow a set of ethics that the other party in the contract is not expected to.[/quote]
sweet! This is exactly what I need to hear!
I doubt that will get any responses![/quote]
It figures.
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