dumb investing...live on bread and water, page-16

  1. 505 Posts.
    I understand your point jantimot, but think about it like this, they say they are "desperate" to sell. They originally paid 135K for the house. How long do you think it would stay on the market for if they listed it today for 135K? How desperate are they? I know they have borrowed against it for 300k, but sometimes you have to take a financial hit for the greater long term good. They wont do that though, why? greed! pure and simple.
 
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