Talk of The Villages Florida - View Single Post - Options to pay for a new home?
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Old 06-27-2009, 04:23 PM
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Shimpy Shimpy is offline
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SPK7951
I agree with you that owning 2 homes for an extended period of time can be a drain on your finances. Anyone who has their home on the market for 1.5years is asking too much for their home, probably because they have to. I have enough equity in mine that I am convinced that I can make a fairly quick sell and still clear enough profit to nearly pay for the new home in TV. I've done a lot of research on homes in this area (Boynton Bch. Fl.) and can list the home and probably sell it within 4 months. To be on the safe side, I've decieded to wait until it is sold, rent in TV or nearby and then buy in TV.
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