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Real Estate
Reply to "Need to downsize but can't get mortgage.....should I look into a hard money loan?"
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[quote=Anonymous][quote=avalonrose][quote=Anonymous]This is silly OP stay. There is zero reason for you to move to a $850,000 house from a $1.1 house. You need to move to a $650,000 or less home for this to make any sense. By the time you factor in move costs this is just wrong.[/quote] Where do you get your figures? Realtor fees will cost us about $60k and moving will be approximately $4k. Am i missing something? We still will have at least 150k in profit.[/quote] Moving will cost you a lot more than 4000. When was the last time you moved? 2000? Also, how about the cost of fixing up your place? Painting, carpets, cleaning? Fixing all the broken stuff? You don't know what you're doing.[/quote]
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