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Reply to "Counting home value in net worth"
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[quote=Anonymous][quote=Anonymous]We bought with a 400K down payment a few years back. Our house has appreciated a little bit. If I wanted to sell tomorrow I'd get that 400K + more back in a month or two (yes, even taking closing costs and commissions into account). So yeah, it's as much a part of my NW as my investments are, neither of which are 100% guaranteed returns until they're liquidated. [/quote] As it should be! yes you need a place to live, but that doesn't need to be a $2M home. [/quote]
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