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re: Buying a first home
Posted on 11/18/14 at 2:51 pm to ItNeverRains
Posted on 11/18/14 at 2:51 pm to ItNeverRains
quote:
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.
If the housing market goes into the tank tomorrow how quickly can you liquidate?
1
Posted on 11/18/14 at 3:45 pm to cwill
quote:
If the housing market goes into the tank tomorrow how quickly can you liquidate?
If you're willing/able to take the same hit as you would when liquidating an IRA/401k investment account, then based on market you're in as little as 14 days. But of course generally it's easier to liquidate an investment account for the SHTF scenario.
But again you've gone way off base to try to make your case on dustinm27's house appreciation.
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