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SVTPerformance's Chain of Restaurants
Road Side Pub
Housing Options
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<blockquote data-quote="SecondhandSnake" data-source="post: 16578835" data-attributes="member: 116684"><p>Forgot to mention cost wise without getting too specific, even with an offer on the high side the mortgage plus taxes would be a pretty sizeable reduction in monthly costs for me versus rent. The only real risk there would be trying to sell it during a crash. Which worst case scenario I either sit on it or eat the loss as the cost of business when getting a property that would be unimaginable right now.</p><p></p><p>And to that effect, is there any benefit/advantage of low down payment, high, or even all cash in such a scenario?</p></blockquote><p></p>
[QUOTE="SecondhandSnake, post: 16578835, member: 116684"] Forgot to mention cost wise without getting too specific, even with an offer on the high side the mortgage plus taxes would be a pretty sizeable reduction in monthly costs for me versus rent. The only real risk there would be trying to sell it during a crash. Which worst case scenario I either sit on it or eat the loss as the cost of business when getting a property that would be unimaginable right now. And to that effect, is there any benefit/advantage of low down payment, high, or even all cash in such a scenario? [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Housing Options
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