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Participant[quote=AN]That’s the thing. We don’t know enough information to make any judgment. So, to call something stupid for doing something you wouldn’t, although you don’t have all the information is well…[/quote]
I think throwing away a big chunk of money is a stupid move, but I’m funny that way.
Participant[quote=AN]That’s the thing. We don’t know enough information to make any judgment. So, to call something stupid for doing something you wouldn’t, although you don’t have all the information is well…[/quote]
I think throwing away a big chunk of money is a stupid move, but I’m funny that way.
Participant[quote=AN]That’s the thing. We don’t know enough information to make any judgment. So, to call something stupid for doing something you wouldn’t, although you don’t have all the information is well…[/quote]
I think throwing away a big chunk of money is a stupid move, but I’m funny that way.
Participant[quote=AN]That’s the thing. We don’t know enough information to make any judgment. So, to call something stupid for doing something you wouldn’t, although you don’t have all the information is well…[/quote]
I think throwing away a big chunk of money is a stupid move, but I’m funny that way.
Participant[quote=AN]That’s the thing. We don’t know enough information to make any judgment. So, to call something stupid for doing something you wouldn’t, although you don’t have all the information is well…[/quote]
I think throwing away a big chunk of money is a stupid move, but I’m funny that way.
Participant[quote=CONCHO]
Had he rented, his landlords might have sold the house out from under him and forced him to move. Or even worse, what if his landlord was a deadbeat and didn’t pay the mortgage on the property? [/quote]The bubble price was quite a premium to pay to avoid the possibility of having to move. Of course he did move when he bought the place, didn’t he?
I don’t like dealing with a landlord either, but can’t agree that buying during the bubble was a smart move. 500k would get him so much more today.
The folks I know that paid bubble prices or took out HELOC’s from bubble appraisals thought the party would never end. I thought they were nuts.
[/quote]Participant[quote=CONCHO]
Had he rented, his landlords might have sold the house out from under him and forced him to move. Or even worse, what if his landlord was a deadbeat and didn’t pay the mortgage on the property? [/quote]The bubble price was quite a premium to pay to avoid the possibility of having to move. Of course he did move when he bought the place, didn’t he?
I don’t like dealing with a landlord either, but can’t agree that buying during the bubble was a smart move. 500k would get him so much more today.
The folks I know that paid bubble prices or took out HELOC’s from bubble appraisals thought the party would never end. I thought they were nuts.
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