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That is true...
Posted by Bob M [Email] (more from Bob M) on Fri, 21 Oct 2005 05:55:46
In Reply to: Just remember, Jim, Thu, 20 Oct 2005 21:01:12
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in the 80s, real estate plummeted. However, if you want to buy a house, can you wait for the price to come down? I didn't want to buy, but at the same time, I saw housing prices going up way, way faster than at the pace I could save. What was I to do? I could've stayed out of the market, but the housing prices have continued to skyrocket (I bought 1.5 years ago). I could be out of the market for another 10 years at this rate. If I could see the future, I'd time it so that I could buy low and sell high. Since I can't see the future, I bought as soon as I could afford to save the money.
posted by 64.252.25...
Posts in this Thread:
- Way O/T getting rid of PMI (long), Rich, Thu, 20 Oct 2005 15:05:42
- Re: Way O/T getting rid of PMI (long), Avanti, Fri, 21 Oct 2005 23:28:23
- Thank you all., Rich, Fri, 21 Oct 2005 15:41:12
- The ONLY way to get rid of PMI (and keep 4.5%), Jeff B, Fri, 21 Oct 2005 11:37:43
- what is PMI?, rob , Fri, 21 Oct 2005 11:35:29
- Re: Way O/T getting rid of PMI (long), SWEDECAR , Fri, 21 Oct 2005 09:29:31
- Re: Way O/T getting rid of PMI (long), Rafe, Fri, 21 Oct 2005 07:21:04
- Get a Realtor to do a Market Analysis, JimN, Fri, 21 Oct 2005 06:55:25
- why not covert the amount over 80% to a 2nd mortgage, hte originalMJM, Fri, 21 Oct 2005 05:29:55
- Re: Way O/T getting rid of PMI (long), Rich T., Fri, 21 Oct 2005 05:15:10
- LTV is the key, Geoff, Thu, 20 Oct 2005 15:46:21
- Re: Way O/T getting rid of PMI (long), michael p, Thu, 20 Oct 2005 15:39:43
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