Recent content by zigzag_IHB

Small house, small lot. You shouldn't be posting here for an endorsement of your purchase. Obviously we think there will be better deals a year from now, but it sounds like the timing was right for you. Hopefully it works out for you.

IPO, I did not understand how you account for the greater capital gain at sale from the lower purchase price in your B/E calculations. Can you explain? Example of what I mean: 5% drop ~ assume current price is $800,000, if you waited until next year you could get it for $760,000. If...

Thanks for those who replied to my question. My currently personal belief is that it does not necessarily make sense to put a lot of one's net worth into an expensive home. Under that belief, the only way it makes sense to buy in the $1 million range is if one's household income is very...

To clarify or tweak my question a bit ... I am interested in what the actual people who post here discussing houses in the $1 million price range -- who have recently bought or plan to buy or are looking to buy at that level - there are several such discussions/posters. I am interested in...

I did not really see the right forum for this question, but I thought some of the lending pros here would know the answer easy. If one is currently renting and desires to buy a "second" home, that will not be the principal residence (say a Big Bear cabin for instance), what is that purchase...

I'm a long time lurker here and I have a question that is going to sound nosy, but it really is genuine interest ... I see many people in these forums talking about buying this or that house at a given price, even at what I consider very high dollar values. <strong>My question is...

Can't you record your lease so that you are not surprised by the foreclosure?