Talk of The Villages Florida - View Single Post - Purchasing Before Selling
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Old 03-08-2008, 11:41 PM
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SteveFromNY SteveFromNY is offline
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Default Re: Purchasing Before Selling
I bought in '05 and am selling (well, trying to) now. It definitely has me married to the mortgages. We mitigated the carrying expenses in TV by renting thru TV Property Mgmnt. I'm not sorry I did it, but it turns out that the prices haven't risen much since '05 (I'm guessing 10% on a good day). I could have sold first and then bought and not been in a much different financial place. However, I have had 3 years of visiting my home as frequently as possible and experiencing TV that I'd have missed if I hadn't bought in '05.