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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (110913)3/17/2008 10:35:50 AM
From: HawkmoonRead Replies (2) | Respond to of 306849
 
i'm RENTING here....

for a damn good reason

I can CERTAINLY RELATE to that!!!!.. ;0) I felt the same way when I returned from overseas 2 years ago.. decided to rent a cheap apt rather than by an overpriced house.

But ok.. what is your rent compared to the expected mortgage payment on that home you're living in (or the one down the street)??

Is your landlord suffering a negative cash flow on the rental payments you're making?

Again, I ask these questions in order to better establish an actual value for that real-estate.

Hawk



To: MulhollandDrive who wrote (110913)3/17/2008 10:39:47 AM
From: nextrade!Read Replies (1) | Respond to of 306849
 
i'm RENTING here.

wise



To: MulhollandDrive who wrote (110913)3/17/2008 11:08:47 AM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
>>Which thereby begs the question of what the value of YOUR home is and why you're still living there??<<

To take it a step further, what is your home worth?

Exactly what the market will take it off yer hands for, no more and no less.....


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