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Message
re: ‘Seriously Underwater’ Home Mortgages Tick Up Across the US
Posted on 5/9/24 at 10:25 am to Areddishfish
Posted on 5/9/24 at 10:25 am to Areddishfish
If youre in the house you plan on living in forever, does it matter much if you overpaid for it?
We(as in people) overpay for stuff all the time
We(as in people) overpay for stuff all the time
This post was edited on 5/9/24 at 10:26 am
2
Posted on 5/9/24 at 10:27 am to Deactived
We bought our current house 12 years ago and certainly didn't get a deal on it then but it's worth 40% more now. No intent to move for at least 10 more years.
Posted on 5/9/24 at 12:45 pm to Deactived
quote:
If youre in the house you plan on living in forever, does it matter much if you overpaid for it?
We(as in people) overpay for stuff all the time
You know I agree with this if it is a purchase such as a home. The house I currently live in just appraised for over $215 per sq foot and I bought less than a mile away an older home in a bigger neighborhood for almost $100 sq more. But it had a lot of upgrades that I paid for. But I liked them, and I plan to live in this home for a long time and it was the area I wanted so I didn't really care.
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