We plan to put our house up for sale soon due to a recent job relocation for me. With the current state of the real estate market, I project that we will leave the closing with a NET LOSS of $30,000 (we've only been here 2 years). Ouch, I know.
But then, I started thinking..."Hey, we can buy our next house for $30,000 less than it was worth in 2006, our net loss would be a financial wash. Is logic correct or am I missing something??
I don't know if this matters but we plan to downsize for our next home purchase.
But then, I started thinking..."Hey, we can buy our next house for $30,000 less than it was worth in 2006, our net loss would be a financial wash. Is logic correct or am I missing something??
I don't know if this matters but we plan to downsize for our next home purchase.