Home sales rise 12%

  1. You have chosen to ignore posts from WhichOnesPink. Show WhichOnesPink's posts

    Re: Home sales rise 12%

    In Response to Re: Home sales rise 12%:
    After a divorce and then putting my two daughters through college, I was finally able to buy another house.  I closed in July 2005, the peak.  All my equity is gone and the house is really under water now but I can certainly afford the mortgage and is cheaper than renting.  But, we just found cracks in the foundation of the addition.  We have a structural engineer working on the cause.  He estimates to repair will be at least $15k and may be as much as the cost of a teardown and rebuild (100K?).  I was hoping the house would appreciate and I'd be able to sell and make a profit when I retired but that's not going to happen. 
    Posted by Hingmarsh


    Mscricket would tell you it's still a good thing according to her earlier posts.

    Sorry for your situation.
     
  2. You have chosen to ignore posts from dog-lady. Show dog-lady's posts

    Re: Home sales rise 12%

    Stay calm, do the repairs in the most cost effective way you can and try to enjoy your home.  A lot of people are in the same boat, unfortunately.
     
  3. You have chosen to ignore posts from Hingmarsh. Show Hingmarsh's posts

    Re: Home sales rise 12%

    In Response to Re: Home sales rise 12%:
    In Response to Re: Home sales rise 12% : Mscricket would tell you it's still a good thing according to her earlier posts. Sorry for your situation.
    Posted by WhichOnesPink


    Thanks, me too.Cool  Hey, the way I look at it, I'm "renting" a really nice house for less than market rental and I get the benefit of the interest and real estate tax deduction.  Always the optimist.
     
  4. You have chosen to ignore posts from WhichOnesPink. Show WhichOnesPink's posts

    Re: Home sales rise 12%

    In Response to Re: Home sales rise 12%:
    In Response to Re: Home sales rise 12% : Thanks, me too.   Hey, the way I look at it, I'm "renting" a really nice house for less than market rental and I get the benefit of the interest and real estate tax deduction.  Always the optimist.
    Posted by Hingmarsh


    You have to be an optimist in that kind of situation otherwise you'll drive yourself to misery which does no good.
    Good luck!
     
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