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re: Buying a first home

Posted on 11/18/14 at 2:23 pm to
Posted by lsupride87
Member since Dec 2007
96229 posts
Posted on 11/18/14 at 2:23 pm to
quote:

Very true about selling in 2008, but in your current market Betty Sue is not still living in that house due to not being able to sell it for a profit. She also likely qualified for Harp in 2009.
Well yeh. Was just pointing out buying/not buying is never completely cut and dry. And when one uses a personal example it is completely useless
Posted by ItNeverRains
37069
Member since Oct 2007
25725 posts
Posted on 11/18/14 at 2:39 pm to
quote:

Well yeh. Was just pointing out buying/not buying is never completely cut and dry. And when one uses a personal example it is completely useless


Sure. Any market you enter (except supermarket) poses potential financial risks. There will always be those that get burned. But that window is very, very narrow in the housing market.
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