Search found 4 matches

by rodrigoviolante
Tue Nov 14, 2017 4:56 pm
Forum: Personal Consumer Issues
Topic: Selling my house in Miami, is it smart decision?
Replies: 16
Views: 2676

Re: Selling my house in Miami, is it smart decision?

Well I'm taking a loss considering all the upgrades to the house, and I'm also to be under market value to sell it faster.
by rodrigoviolante
Tue Nov 14, 2017 4:53 pm
Forum: Personal Consumer Issues
Topic: Selling my house in Miami, is it smart decision?
Replies: 16
Views: 2676

Re: Selling my house in Miami, is it smart decision?

Thanks, everyone that has posted information.

Just to clarify this, its not about if I did a smart investment 2 years ago buying the house. Its more about if its smarter to sell assets and stay in cash than keep the house that might fall hard after the next crash, that at some point it will happen.

If its a nice house, ugly house, etc doesn't matter.
by rodrigoviolante
Mon Nov 13, 2017 9:42 pm
Forum: Personal Consumer Issues
Topic: Selling my house in Miami, is it smart decision?
Replies: 16
Views: 2676

Re: Selling my house in Miami, is it smart decision?

I'm thinking in renting, until I see better opportunities.
by rodrigoviolante
Mon Nov 13, 2017 9:05 pm
Forum: Personal Consumer Issues
Topic: Selling my house in Miami, is it smart decision?
Replies: 16
Views: 2676

Selling my house in Miami, is it smart decision?

Hello, everyone has seen this crazy bull market, and to be honest I don't feel it will continue this way. So I'm selling my house for three reasons. I'm am even taking a loss on the sale.

1.- I have 50% still in mortgage
2.- Have cash (or ETF) to be able to buy good opportunities if the market crashes.
3.- House Market in miami is crazy high.

I wanted to have your opinions, is it smart to sell a house at this point, or just keep it long term?

Thank you

Rodrigo