home selling profits: The Home Sellers Nobody Talks About
- 04/17/11 06:00 PM
National news and real estate professionals talk a lot about the people who purchased at the top of the market and now owe far more than their homes are worth. They discuss the legal and moral issues involved in strategic default and of course everyone is talking about short sales and the difficulties they present.
But nobody talks about the people who sold at the top of the market.
What did they do? Did they re-invest that money in similarly priced properties – so they’re now facing the same “underwater” situation as the people who purchased their homes?
I know some … (8 comments)
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National news and real estate professionals talk a lot about the people who purchased at the top of the market and now owe far more than their homes are worth. They discuss the legal and moral issues involved in strategic default and of course everyone is talking about short sales and the difficulties they present.
;)
;)
;)
