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It would still seem to be a win-win situation to buy the current place you're in - if you sell it at profit you can keep the difference. If you sell it at a los
by 72deluxe 4y ago
It would still seem to be a win-win situation to buy the current place you're in - if you sell it at profit you can keep the difference. If you sell it at a loss, you're still making the same payments (or less) as renting every month, but have a tangible asset to sell unlike renters.
- decafninja 4y agoThat's our current line of thinking too. As in, if the market goes, we'd get dinged on our down payment but still recuperate most of it when we sell 5 years later. Assuming it's not a catastrophic market crash. I know there's also a cost-benefit analysis involved surrounding all the various fees and taxes. The biggest "what-if" risk is probably liquidity.