Young and underwater, homeowners face tough decisions | Minnesota Public Radio News

Young and underwater, homeowners face tough decisions | Minnesota Public Radio News.

Great article!  As a Gen Xer in the same boat as these couples, I could identify.  I bought a townhouse at the peak and then got married and we needed to sell one of our two homes.  The loss was a tough pill to swallow.  We initially sold contract for deed and the buyers just paid off the balloon payment this month.

Interested in your thoughts on the two very different approaches these couples took and what situation you might be dealing with right now.

About Mama G

Fueled By Real Food
This entry was posted in Real Estate. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s