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SVTPerformance's Chain of Restaurants
Road Side Pub
advise on home sale
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<blockquote data-quote="...Mark..." data-source="post: 14247371" data-attributes="member: 5169"><p>First and formost welcome to GA.</p><p></p><p>Second, PDM i'm surprised i have not run into you yet. I live over by Shallowford and Sandy Plains. Where do you live?</p><p></p><p>Third, achamb7 when did you buy your home and where are you coming from? You mentioned you are coming from out of state. If you bought at the height of the market, the market has corrected itself so you very well may owe more than what your place is worth. If that is the case it may make sense to rent it out until it appreciates enough for you to break even or make a few bucks a couple years down the line.</p><p></p><p>My sister in NY bought at the height of the market in 06/07 and if she were to sell her place for what its truley worth today, she would have to bring $40k to closing just to break even and that's not taking into consideration RE Agent fee's.</p></blockquote><p></p>
[QUOTE="...Mark..., post: 14247371, member: 5169"] First and formost welcome to GA. Second, PDM i'm surprised i have not run into you yet. I live over by Shallowford and Sandy Plains. Where do you live? Third, achamb7 when did you buy your home and where are you coming from? You mentioned you are coming from out of state. If you bought at the height of the market, the market has corrected itself so you very well may owe more than what your place is worth. If that is the case it may make sense to rent it out until it appreciates enough for you to break even or make a few bucks a couple years down the line. My sister in NY bought at the height of the market in 06/07 and if she were to sell her place for what its truley worth today, she would have to bring $40k to closing just to break even and that's not taking into consideration RE Agent fee's. [/QUOTE]
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Road Side Pub
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