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Old Sep 23, 2011 | 08:12 PM
  #11  
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run away while you can will. run away!
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Originally Posted by WiLL
...I really wanna get out and shoot people.
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Old Sep 23, 2011 | 08:12 PM
  #12  
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all joking aside I would only use zillow to see how much similar homes have sold for not what your home value is.
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Originally Posted by WiLL
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Old Sep 24, 2011 | 03:16 AM
  #13  
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i have a 30 year fixed and looked at maybe going to a 15, but i know we aren't going to be here for very long, so i'm just going to leave it where it is and stick with the payments. i'm dreading the day we have to move again
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Old Sep 24, 2011 | 06:47 AM
  #14  
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Originally Posted by k3ifers
i have a 30 year fixed and looked at maybe going to a 15, but i know we aren't going to be here for very long, so i'm just going to leave it where it is and stick with the payments. i'm dreading the day we have to move again
Why do you have to move? And did you know you would have to move when you bought the place?
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Old Sep 24, 2011 | 06:49 AM
  #15  
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Originally Posted by dE.fUsEd
I think most average home owners are seeing the same results. I still rent because of it. I want to make sure it's at rock bottom before I make any kind of buying decisions.
The housing market will always fluctuate. The days of year after year appreciation are dead and gone and no amount of economic recovery will bring that back. IMO you should buy a house if it's something you love and you know you want to spend a good long time there. Otherwise, just keep on renting and invest your disposable dollars elsewhere.
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Old Sep 24, 2011 | 07:00 AM
  #16  
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Originally Posted by white_n_slow
Why do you have to move? And did you know you would have to move when you bought the place?
we don't have to move, but we're looking to move to nc / virginia area possibly in a couple years.

and / or just a bigger house in general when the woman starts bringing in money.
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Old Sep 24, 2011 | 12:42 PM
  #17  
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We're upside down just like 90% of San Diego, but we're staying. I was okay buying this place at the price I paid so why walk away? I'm fine and we love our house. Sure I could buy twice the sq footage for the same money now, but this is MY HOME.
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Old Sep 24, 2011 | 01:17 PM
  #18  
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Originally Posted by jaymar88
We're upside down just like 90% of San Diego, but we're staying. I was okay buying this place at the price I paid so why walk away? I'm fine and we love our house. Sure I could buy twice the sq footage for the same money now, but this is MY HOME.
You are only really upside down if you decide to sell and can't get enough to pay it off from the sale price. Other than that if you are happy at the price you agreed upon then why would that change now, I mean you have a house, can afford the payments and the lights are still on.

Not that you are doing it but it always gets me when people start doing the whole, "I got ripped off because the house lost value" thing, or the "I could get more house for less so I am not happy". When in reality they bought the house that they could afford at the time. Buyers remorse is a funny thing sometimes.
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Old Sep 24, 2011 | 02:00 PM
  #19  
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From: San Diego County
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I bought 3 years ago and put 20% down. The neighbors recently sold their unit (similar to mine) for about $90,000 less than I paid for my unit. So, I'm definitely upside down on the loan. Hopefully, I don't have to go anywhere for the next 10 or 15 years or so.
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Old Sep 24, 2011 | 05:45 PM
  #20  
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Everyone always says houses are good investments. Yeah they are great investments if you pay cash
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