To: Dave Gore who wrote (15816 ) 2/18/2003 9:35:32 AM From: im a survivor Respond to PS, in your post, I assume you meant grab the property in the fall and sell in the spring, and then you totalled up your cost versus profit. What about the monthly mortgage payments? Don't they have to be paid by you until house is sold? I know you can put off first payment for a good while to buy you some time, but arent you still stuck with the payments when the first one is due? And what if house doesnt sell quickly? If, as in your past move, you have alot of "play" between what you have in it, versus what it is worth, then you have the luxury of dropping the price and moving the house with no problem, as you said. But, what if you dont have that much play, or expenses turn out to be higher then anticipated, you may not be able to drop price and could get stuck with a house that sells slow.
