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Old 11-28-2005, 04:49 PM
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Default Re: Take a Walk in My Shoes

It depends on where you live. You can still make $$ through these pre-construction homes. In my area you can still buy one of these homes at below market value and turn around and sell. If the price goes down before I move in, I just abandon my very small deposit. Risk vs Reward. I will risk 2k anyday to move into a house that has 85k equity built in before I move in. I have done it before and am currently doing it. It helps to have a RE license so you save money on the commission when you turn around and sell.
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