View Single Post
Old 09-09-2008, 09:30 AM   #20
firstdown
Living Legend
 
firstdown's Avatar
 
Join Date: Oct 2004
Location: chesapeake, va
Age: 62
Posts: 15,817
Re: US Government takes over mortgage giants

Quote:
Originally Posted by drew54 View Post
Agreed, but if in 5 years your ready to move and there are still 12 houses for sale on your street, that sucks.
Well when I purchased my home in that boom back 4 years ago I knew that it could not last but so long. The home I purchased was a for sale by owner by a doctor who I hope knows more about his practice then selling a home. I purchased the home for around $100,000 less then what the market would bear so I'm in great shape anytime I ned to sell my home.

Also I don't think it has become that bad in most areas that 12 houses are for sale on one street.

Last edited by firstdown; 09-09-2008 at 09:49 AM.
firstdown is offline   Reply With Quote

Advertisements
 
Page generated in 0.17954 seconds with 10 queries