DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - US house prices in free-fall

**prmnwoks** · 03-25-2008, 09:23 PM

Basically if you bought in the last 4 years, like I did, these are trying times unless you had a huge down. Why are you in trouble? If you do not indend to leave for a while you should be able to wait out the slump until your property recovers some of it value, maybe all.

You didn't take a loan out on your equity did you?

03-25-2008, 09:23 PM	#24
prmnwoks Join Date Oct 2005 Posts 372 Senior Member	Basically if you bought in the last 4 years, like I did, these are trying times unless you had a huge down. Why are you in trouble? If you do not indend to leave for a while you should be able to wait out the slump until your property recovers some of it value, maybe all. You didn't take a loan out on your equity did you?
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