Should I try to hold on to my home or let it go into forclosure?

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One Response to “Should I try to hold on to my home or let it go into forclosure?”

  1. CHARITY G says:

    What is the probability that your home will be worth 455k again by the time you refinance in January 2009 . . . ? Probably very minute . . . think of your home as an investment . . . is the money your putting in worth the money your getting back . . . probably not . . . Now consider the 6,000.00 tax bill, the money you put into general upkeep (repairs, lawn service . . .), home owners insurance . . . all the misc. expenses that go into owning a home and then add in the amount you would save by renting . . . your probably ball parking around 12k. You could invest that 12k and actually EARN money . . . so again, think of it like an investment . . .

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