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Old 04-09-2012, 12:53 PM   #7206
highfive
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Quote:
Originally Posted by no_clue View Post
Every week I get a letter in the mail from a realtor asking me to list my house.
I'd like some opinions from you guys, should I sell my house now and live off the interest while waiting for the real estate to crash? I bought it in 2009 and if it sells at my reasonable asking price, I can make 55% including cost of renovations. However, I don't have a mortgage so it doesn't affect me too much if interest rates go up/housing market falls etc.
If you can make money why not? But I don't know if your house is near where you work or you love the area? Keep in mind you would have to find a new place to live and move there? The hassle of doing that?

4444, do you know if he would get capital gains tax?

If not, why not just get a credit line and use the equity? Interest rates are so low right now.


As for the realtor topic, I personally would just hire a really hot girl to be my realtor. At least then, we both have the mentality of wanting to FUCK each other.
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