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View Poll Results: Is your home's equity…
Positive? 6 100.00%
Negative? 0 0%
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Old 09-18-2012, 01:32 PM   #1
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Default What is your home's net worth/equity?

I was listening to a radio show and I heard a statement that really hit home.
They said a recent survey showed that most people have negative equity meaning that the worth of the home in the market is less than the mortgage on it. So I want to check this out with my own poll.
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Old 09-18-2012, 01:40 PM   #2
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Default Re: What is your home's net worth/equity?

I have a feeling here that since most of our members are teenagers that they won't know this...
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Old 09-18-2012, 01:58 PM   #3
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Default Re: What is your home's net worth/equity?

thanks for the post. i never really have thought of it that way. Kids these days....
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Old 09-18-2012, 02:56 PM   #4
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Default Re: What is your home's net worth/equity?

Well, I can answer. I haven't been a kid since Wall Street was a prairie.

I have positive equity in my present home, and just purchased a new home, with construction due to begin in about 3 weeks. I will of course sell my present home for far less than it was worth just a few years ago, but I still am in the black on it financially.

I would never put myself in a position of negative equity, never.
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Old 09-18-2012, 03:23 PM   #5
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Default Re: What is your home's net worth/equity?

Quote:
Originally Posted by Hameister View Post
Well, I can answer. I haven't been a kid since Wall Street was a prairie.

I have positive equity in my present home, and just purchased a new home, with construction due to begin in about 3 weeks. I will of course sell my present home for far less than it was worth just a few years ago, but I still am in the black on it financially.

I would never put myself in a position of negative equity, never.
Congratulations on your new home.
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Old 09-18-2012, 04:43 PM   #6
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Default Re: What is your home's net worth/equity?

Quote:
Originally Posted by Tech Explorer View Post
Congratulations on your new home.

Well, thank you!

I have photos if anyone wants to see them. I don't want to highjack this thread, so I'd need permission from the OP.
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Old 09-18-2012, 04:50 PM   #7
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You have my full photo permission on the house.
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Old 09-18-2012, 05:15 PM   #8
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Default Re: What is your home's net worth/equity?

Quote:
Originally Posted by Tech Explorer View Post
You have my full photo permission on the house.

Thank you.

There is a town in Italy called Castellina di Chianti, in the Tuscany area.

I've attached a few photos.

The community in which I've purchased, will be all new homes, and the architects are trying to capture the Euro-County flavor of this Tuscany area.

You can see the extensive use of stone. When I post some more photos the similarity will become clear.
Attached Images
File Type: jpg Castellina di Chianti3.jpg (68.5 KB, 0 views)
File Type: jpg Castellina di Chianti4.jpg (55.7 KB, 0 views)
File Type: jpg Castellina di Chinati5.jpg (52.9 KB, 0 views)
File Type: jpg Castellina di Chianti6.jpg (55.1 KB, 0 views)
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Old 09-18-2012, 05:22 PM   #9
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Default Re: What is your home's net worth/equity?

This is a photo of the model house, shown with a 3 car garage. Mine will be built with a 2 car garage, but the colors, and stone work etc., will be the same.

The interior photos are also of the same model. Mine will be similar with some personalization, including a few upgrades not shown in the photos, and a few downgrades as well. However, these photos will give you a good idea.
Attached Images
File Type: jpg House Colors Final.jpg (105.4 KB, 1 views)
File Type: jpg Great Room.jpg (78.7 KB, 1 views)
File Type: jpg Kitchen.jpg (61.1 KB, 1 views)
File Type: jpg Bed Room.jpg (62.8 KB, 1 views)
File Type: jpg Bathroom.jpg (52.4 KB, 1 views)
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Old 09-18-2012, 05:26 PM   #10
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Default Re: What is your home's net worth/equity?

This is a photo of the Clubhouse within the community, as well as the pool, and other amenities, like tennis and Bocce courts.
Attached Images
File Type: jpg Clubhouse Front.jpg (45.7 KB, 1 views)
File Type: jpg Clubhouse Rear.jpg (35.4 KB, 1 views)
File Type: jpg Clubhouse.jpg (35.3 KB, 1 views)
File Type: jpg Fitness Center.jpg (40.0 KB, 1 views)
File Type: jpg Bocce Ball Courts.jpg (32.4 KB, 1 views)
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