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That’s the risk of buying. Realistically, if home prices trend down in a significant way, that’s going to be a nationwide issue. The house you’re selling will
by SkyPuncher 3y ago
That’s the risk of buying.
Realistically, if home prices trend down in a significant way, that’s going to be a nationwide issue.
The house you’re selling will be sold at a discount. The house you are buying will be night at a discount.
- lsaferite 3y agoThe issue is that you are unlikely to own your property outright. In that scenario it doesn't matter if the property you want to purchase is also depressed in price, you are very likely stuck with an upside-down mortgage.