Talk of The Villages Florida - View Single Post - US Home Values Bottomed Out?
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Old 08-13-2008, 03:26 PM
nanci2539 nanci2539 is offline
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Default Re: US Home Values Bottomed Out?

We were extremely fortunate to have sold our home in IL in less than three months. I'm convinced it was the brilliant marketing of our sales rep and how I staged my home.

I have friends who are dying to move here but they have to sell their home first. They need the funds from the sale to buy here. Withdrawing from their investments or 401k involves pentalities plus one couple still has a mortgage on their home so buying a home here and having two motgage payments will hurt them financially.

I think if you have the funds to do both, keep the house up north and buy a home here, that's a great way to go but if you need the funds from your existing home to buy a home in TV; you're pretty much stuck.
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Tewksbury, MA<br />Naperville, IL<br />The Villages