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Seattle Bubble Forum Archive • View topic - how many home-owners have no equity?

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how many home-owners have no equity?

Myth propagated by bitter ignorant renters, or statistical reality ignored by real estate professionals?

Moderators: synthetik, The Tim, Lake Hills Renter

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Re: how many home-owners have no equity?

Postby deejayoh » Tue Apr 29, 2008 8:58 am

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Re: how many home-owners have no equity?

Postby mukoh » Tue Apr 29, 2008 9:03 pm

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Re: how many home-owners have no equity?

Postby rose-colored-coolaid » Wed Apr 30, 2008 7:32 am

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Re: how many home-owners have no equity?

Postby Ubersalad » Wed Apr 30, 2008 7:43 am

It's true, and we all know that none of us Americans can do math beyond multiplication of 5's.
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Re: how many home-owners have no equity?

Postby deejayoh » Wed Apr 30, 2008 8:34 am

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Re: how many home-owners have no equity?

Postby deejayoh » Wed Apr 30, 2008 8:36 am

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Re: how many home-owners have no equity?

Postby Alan » Wed Apr 30, 2008 9:00 am

If you can get a bargain from a bad negotiator then you can make money after doing a renovation, but you would make more money by not doing the renovation.
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Re: how many home-owners have no equity?

Postby ira s » Wed Apr 30, 2008 9:07 am

But sometimes a buyer just won't go near a place that needs updating. You may not get your initial investment back by redoing a bathroom or kitchen, but you might be able to sell it, rather than have it lingering on the market for who knows how long?
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Re: how many home-owners have no equity?

Postby deejayoh » Wed Apr 30, 2008 10:05 am

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Re: how many home-owners have no equity?

Postby redmondjp » Wed Apr 30, 2008 10:05 am

Fighting off Affluenza on the Eastside since 1995
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Re: how many home-owners have no equity?

Postby explorer » Wed Apr 30, 2008 11:40 am

...Cosmetic fixes are cheap and sometimes quite convincing.

Just ask any buyer of a Conversion/condo/townhome with granite and stainless steel to distract from the mold behind the walls.... :wink:
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