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NotCranky
ParticipantI have followed this entire thread and it has made me curious if you can not go into this in a more measured way?
Is that just not a viable option? Is it better to take a big hit to your life and get it over with?
What if you take 5 or 6 years while you continue to make a decent living and end up with less debt and meanwhile enjoy higher quality family life? Maybe you can’t do that at a school to your liking?If you haven’t bought a home yet maybe you could even do that when they are at the cheapest point while you go to school. Look at building your estate and living life as a whole and not just your job. I knew of a young man who did this at the bottom of the last cycle while he was killing pre-med at UCSD. Needless to say he is set.
26 is very young and most people hit their stride around 35 no matter how hard they try.NotCranky
ParticipantI have followed this entire thread and it has made me curious if you can not go into this in a more measured way?
Is that just not a viable option? Is it better to take a big hit to your life and get it over with?
What if you take 5 or 6 years while you continue to make a decent living and end up with less debt and meanwhile enjoy higher quality family life? Maybe you can’t do that at a school to your liking?If you haven’t bought a home yet maybe you could even do that when they are at the cheapest point while you go to school. Look at building your estate and living life as a whole and not just your job. I knew of a young man who did this at the bottom of the last cycle while he was killing pre-med at UCSD. Needless to say he is set.
26 is very young and most people hit their stride around 35 no matter how hard they try.NotCranky
ParticipantI have followed this entire thread and it has made me curious if you can not go into this in a more measured way?
Is that just not a viable option? Is it better to take a big hit to your life and get it over with?
What if you take 5 or 6 years while you continue to make a decent living and end up with less debt and meanwhile enjoy higher quality family life? Maybe you can’t do that at a school to your liking?If you haven’t bought a home yet maybe you could even do that when they are at the cheapest point while you go to school. Look at building your estate and living life as a whole and not just your job. I knew of a young man who did this at the bottom of the last cycle while he was killing pre-med at UCSD. Needless to say he is set.
26 is very young and most people hit their stride around 35 no matter how hard they try.NotCranky
ParticipantI have followed this entire thread and it has made me curious if you can not go into this in a more measured way?
Is that just not a viable option? Is it better to take a big hit to your life and get it over with?
What if you take 5 or 6 years while you continue to make a decent living and end up with less debt and meanwhile enjoy higher quality family life? Maybe you can’t do that at a school to your liking?If you haven’t bought a home yet maybe you could even do that when they are at the cheapest point while you go to school. Look at building your estate and living life as a whole and not just your job. I knew of a young man who did this at the bottom of the last cycle while he was killing pre-med at UCSD. Needless to say he is set.
26 is very young and most people hit their stride around 35 no matter how hard they try.NotCranky
ParticipantI have followed this entire thread and it has made me curious if you can not go into this in a more measured way?
Is that just not a viable option? Is it better to take a big hit to your life and get it over with?
What if you take 5 or 6 years while you continue to make a decent living and end up with less debt and meanwhile enjoy higher quality family life? Maybe you can’t do that at a school to your liking?If you haven’t bought a home yet maybe you could even do that when they are at the cheapest point while you go to school. Look at building your estate and living life as a whole and not just your job. I knew of a young man who did this at the bottom of the last cycle while he was killing pre-med at UCSD. Needless to say he is set.
26 is very young and most people hit their stride around 35 no matter how hard they try.NotCranky
ParticipantIf I were you I would have it on the market tomorrow.
You are going to loose more than $300 a month because of vacancies, advertisement,repairs and maybe unexpected trips to Wash. to deal with problems. By your own admission you bought at peak. If you are forced to throw in the towel later the odds are it is going to cost you much more.
There are not many areas ripe for buying here yet although it is getting better. It is a good idea to think about renting when you get here, maybe especially if you are going to keep that alligator in Wash. You’ll have a great chance to really do it right next time but getting into a world of hurt over the house won’t help that.NotCranky
ParticipantIf I were you I would have it on the market tomorrow.
You are going to loose more than $300 a month because of vacancies, advertisement,repairs and maybe unexpected trips to Wash. to deal with problems. By your own admission you bought at peak. If you are forced to throw in the towel later the odds are it is going to cost you much more.
There are not many areas ripe for buying here yet although it is getting better. It is a good idea to think about renting when you get here, maybe especially if you are going to keep that alligator in Wash. You’ll have a great chance to really do it right next time but getting into a world of hurt over the house won’t help that.NotCranky
ParticipantIf I were you I would have it on the market tomorrow.
You are going to loose more than $300 a month because of vacancies, advertisement,repairs and maybe unexpected trips to Wash. to deal with problems. By your own admission you bought at peak. If you are forced to throw in the towel later the odds are it is going to cost you much more.
There are not many areas ripe for buying here yet although it is getting better. It is a good idea to think about renting when you get here, maybe especially if you are going to keep that alligator in Wash. You’ll have a great chance to really do it right next time but getting into a world of hurt over the house won’t help that.NotCranky
ParticipantIf I were you I would have it on the market tomorrow.
You are going to loose more than $300 a month because of vacancies, advertisement,repairs and maybe unexpected trips to Wash. to deal with problems. By your own admission you bought at peak. If you are forced to throw in the towel later the odds are it is going to cost you much more.
There are not many areas ripe for buying here yet although it is getting better. It is a good idea to think about renting when you get here, maybe especially if you are going to keep that alligator in Wash. You’ll have a great chance to really do it right next time but getting into a world of hurt over the house won’t help that.NotCranky
ParticipantIf I were you I would have it on the market tomorrow.
You are going to loose more than $300 a month because of vacancies, advertisement,repairs and maybe unexpected trips to Wash. to deal with problems. By your own admission you bought at peak. If you are forced to throw in the towel later the odds are it is going to cost you much more.
There are not many areas ripe for buying here yet although it is getting better. It is a good idea to think about renting when you get here, maybe especially if you are going to keep that alligator in Wash. You’ll have a great chance to really do it right next time but getting into a world of hurt over the house won’t help that.NotCranky
ParticipantA short sale is one type of pre-foreclosure sale. One in which the lender is asked to accept a sum less than is owed in exchange for a transfer of title to a new buyer and hte avoidance of a probable foreclosure.
Pre-foreclosure is a risky term to try to define exactly. It could describe any situation where a notice of default is in play. Under some programs it could be after proving a hardship to the lender or a government agency insuring a loan. One could buy a pre-foreclosure directly from the owner, if the owner has equity.
Pre-foreclosure is apparently a good word to throw around if you want to market something related to buying and selling real estate in the current market.Just google it and you will see what I mean.
REO’s are post-foreclosures…you probably know that.Your real estate agent can clear all this up as it relates to specific neighborhoods or properties you find on sdlookup.com
NotCranky
ParticipantA short sale is one type of pre-foreclosure sale. One in which the lender is asked to accept a sum less than is owed in exchange for a transfer of title to a new buyer and hte avoidance of a probable foreclosure.
Pre-foreclosure is a risky term to try to define exactly. It could describe any situation where a notice of default is in play. Under some programs it could be after proving a hardship to the lender or a government agency insuring a loan. One could buy a pre-foreclosure directly from the owner, if the owner has equity.
Pre-foreclosure is apparently a good word to throw around if you want to market something related to buying and selling real estate in the current market.Just google it and you will see what I mean.
REO’s are post-foreclosures…you probably know that.Your real estate agent can clear all this up as it relates to specific neighborhoods or properties you find on sdlookup.com
NotCranky
ParticipantA short sale is one type of pre-foreclosure sale. One in which the lender is asked to accept a sum less than is owed in exchange for a transfer of title to a new buyer and hte avoidance of a probable foreclosure.
Pre-foreclosure is a risky term to try to define exactly. It could describe any situation where a notice of default is in play. Under some programs it could be after proving a hardship to the lender or a government agency insuring a loan. One could buy a pre-foreclosure directly from the owner, if the owner has equity.
Pre-foreclosure is apparently a good word to throw around if you want to market something related to buying and selling real estate in the current market.Just google it and you will see what I mean.
REO’s are post-foreclosures…you probably know that.Your real estate agent can clear all this up as it relates to specific neighborhoods or properties you find on sdlookup.com
NotCranky
ParticipantA short sale is one type of pre-foreclosure sale. One in which the lender is asked to accept a sum less than is owed in exchange for a transfer of title to a new buyer and hte avoidance of a probable foreclosure.
Pre-foreclosure is a risky term to try to define exactly. It could describe any situation where a notice of default is in play. Under some programs it could be after proving a hardship to the lender or a government agency insuring a loan. One could buy a pre-foreclosure directly from the owner, if the owner has equity.
Pre-foreclosure is apparently a good word to throw around if you want to market something related to buying and selling real estate in the current market.Just google it and you will see what I mean.
REO’s are post-foreclosures…you probably know that.Your real estate agent can clear all this up as it relates to specific neighborhoods or properties you find on sdlookup.com
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