New house
Thread Starter
Racer
Joined: Jul 2004
Posts: 412
Likes: 0
From: Rockland County NY
New house
I haven't posted in a while because I've been really busy selling my condo and buying a house. If anyone out there is considering selling their Vette to invest in real estate.....do it!!! I was in my condo for four years. Sold it, was able to buy a nice house, pay off the Vette, and best of all park it in a garage. I wouldn't have been able to do all that if I hadn't driven a beater for a few years in order to put my money into that condo. I can honestly say it's all been worth it. On the other hand, maybe I should have moved out of NY. This snow is killing me!!!! Oh well. At least I have a garage now.
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Melting Slicks
Joined: Aug 2003
Posts: 2,966
Likes: 5
From: Wichita Falls Tx
WallstAl:
I like your handle.
I'll share my story if it's okay and then I'll offer my free advice.
In 1991 I sold my paid for Corvette and paid for house and put all the money into the stock market and moved into a 450 sq foot apartment. Most might consider that a gutsy move. I won't lie here. I some some winners and losers with the stocks I bought. I lived like a bum up until a year ago when I paid cash for my home and bought my 02 vert with cash a month ago and I still have enough to left over to semi retire.
My advice is to make the house payments and hope the value of your property appreciates to those outrageous prices I hear about in some states. When you have a big enough equity, then sell, & run with the cash to Texas or Oklahoma where many cities have deflated home prices and you probably can live the rest of your life like a king.
The above is just 1 mans opinion.
I like your handle.
I'll share my story if it's okay and then I'll offer my free advice.
In 1991 I sold my paid for Corvette and paid for house and put all the money into the stock market and moved into a 450 sq foot apartment. Most might consider that a gutsy move. I won't lie here. I some some winners and losers with the stocks I bought. I lived like a bum up until a year ago when I paid cash for my home and bought my 02 vert with cash a month ago and I still have enough to left over to semi retire.
My advice is to make the house payments and hope the value of your property appreciates to those outrageous prices I hear about in some states. When you have a big enough equity, then sell, & run with the cash to Texas or Oklahoma where many cities have deflated home prices and you probably can live the rest of your life like a king.
The above is just 1 mans opinion.
Le Mans Master
Joined: May 2003
Posts: 6,454
Likes: 3
From: Hells Sister City Phoenix AZ
St. Jude Donor '03
Just remember you can live in your car but you can't drive your house! 
Oh yeah, this thread is
w/o pics!
Not the house, the garage............ okay, just kidding the house too.
Oh yeah, this thread is
w/o pics! Not the house, the garage............ okay, just kidding the house too.
Race Director
Joined: Oct 2002
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From: Vancouver
2015 C5 of Year Finalist
St. Jude Donor '05-'06-'07-'08-'09-'10
You have a house and a garage and in a couple of years your going to need a bigger garage. That's the way it seems to go around here.
Race Director
Joined: Aug 1999
Posts: 15,466
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From: GARDENA Ca, State Of Konfusion
St. Jude Donor '05
Originally Posted by Tom/99
Or, you could buy a house in Houston, they depriciate like a used car.
Congratulations!!
Congratulations!!
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From: In a parallel universe. Currently own 2014 Stingray Coupe.
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Congrats on getting the new house. 
