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re: Where to park money from home sale
Posted on 8/5/22 at 9:01 pm to 23parker
Posted on 8/5/22 at 9:01 pm to 23parker
The thing to do is not just wait for prices to go down, but be an aggressive buyer with cash in hand.
Find that house that’s been sitting for a while and make a low-ball offer.
Find that slightly run-down house in a great neighborhood that you can get cheap.
Don’t be cheap, be opportunistic.
Find that house that’s been sitting for a while and make a low-ball offer.
Find that slightly run-down house in a great neighborhood that you can get cheap.
Don’t be cheap, be opportunistic.
1
Posted on 8/6/22 at 12:36 am to Bjorn Cyborg
quote:
Find that slightly run-down house in a great neighborhood that you can get cheap.
This is your best bet for a great deal and instant equity, especially if you have a place to live rent free while the work is happening. Lumber and construction prices are dropping from all time highs. Find a house with good bones that just needs some lipstick and rouge.
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