Reply to House Envy of a friend

Forum Index » Real Estate

Reply to "House Envy of a friend"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]Remind yourself that you have a nice safe roof over your head that you can afford.  Yes, you may be underwater, but you likely won't be in a couple of years.  We are underwater, but at the rate that I'm paying, we should be back to equal in about 2 years (I think 23 months of monthly payments based on the current market value of the house).  And if the market gets better, it will be sooner.  There are still many, many homeowners that cannot afford the houses that they are in, that are facing short sales. foreclosures and personal bankruptcy on their properties or are steadily eating into their savings or worse, going further into debt, to live in the homes that they are in.  Also, remind yourself that you have no idea what compromises your friend has made to make the choice that she did.  You already know that you don't want to rent  your place out.  I can tell you from family experience, that being a landlord is frequently not pleasant and comes fraught with many issues and problems (I have several family members who have multiple rentals).  It's a big hassle and be glad that you won't have to deal with that.  Also, be thankful that while her commute is still reasonable, yours is better and after a few months of it, she may be dreading her commute and looking back at you with envy over the fact that you have that extra time both morning and evening that you don't have.  Last, don't think of it as she's gotten ahead, but think that she's made compromises to get there now.  You'll get there too (if you want it), but it will take you a few years longer.  That's normal.  Every family makes changes at their own pace.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics