So the market on homes in your area is bad. Homes are selling for rates as far back as 2000. And you bought your home in 2003. This does not mean you are losing money if you sell it for less than what you originally bought it for.**
Currently a home bought in 2003 for 150,000 may have a value of 125,000. However when you look at the house that was a 250,000 home you can see a difference in price where it will sell for 212,500. Difference being 37,500. You as an upgrade buyer sold your home and bought a new home and saved an additional 12,500.00.
I welcome you to come to my site and do a free market analysis of your area to see how it is doing. It will give you an overview of properties and what they are selling for. Then do another for the area you want to move into. You will most probably be amazed that the houses you thought would cost much more are now more reasonably priced.
Look to trade up or even contact me to talk about becoming an investor. There are many resources out there and many of them cost but to talk to me only costs your time, and hopefully a listing on your home or a purchase contract on a new piece of property.
Tags: investment in Louisville, Kentucky Real Estate, Louisville foreclosures, Louisville Investor Properties, Louisville Real Estate, market analysis louisville, Real Estate Louisville, Rick Hogue Real Estate, save money on real estate, Short Sale Homes