Monday, January 26, 2009

And the value of your house IS...

$15,000 below what you paid for it less than a year ago.

We saved EVERY penny, put down a good-sized down payment, haggled the sales people, bought well within our price range, got a fixed mortgage, made every payment, etc... I thought we were doing everything right. We are now officially in the hole with our mortgage.

THIS ECONOMY STINKS!

Hopefully we don't have to move anytime soon...

I know there are a lot of people that are in a worse situation. Our neighbors paid almost twice what we did for our house the year before us and I'm guessing their appraisal is about the same. I guess I should feel lucky, but I don't.

No comments:

Post a Comment