Quote:
Originally Posted by Frangyomory
We bought in 2005, July. One year later, our property had appreciatec by $5,000. However, after that, the market began to flop and within three years, our property was worth just about what we paid for it. Today, a home like ours is selling for about $3,000 less than we paid for it.
I never worry about the value of the home. It only matters if we are interested in selling and we are not. We are frogs.....here until we croak. After that, the kids can worry about the value. LOL!!!!
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"I never worry about the value of the home. It only matters if we are interested in selling and we are not."
Sound advice, Frangyomory! We bought (new) in January and we were careful to buy within our budget. We didn't buy our home thinking this was an investment. Yes, it would be nice if our home appreciates, but the reality is that it will be part of our estate we'll leave our children at a
much later time in life. Until then, we'll enjoy our time in TV.
Regarding pre-owned, I would also suggest looking at those, too, even if you are considering purchasing new.