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Real Estate
Reply to "Want to downsize-Sell and take loss but save, or wait for appreciation?"
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[quote=Anonymous]Hmm. Unless you're going to die in that house, at some point you're going to have to pay those closing costs. And the more the house costs, the more those closing costs will be. And while the house might appreciate, the cost of the townhouse will also likely go up, so I'm not sure waiting a few years to sell makes a ton of sense. If moving is the ultimate goal, it's either take the hit now or take the hit later. You can also generate interest on all the money you'll be saving, so there's that to factor in. [/quote]
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