Up next on the new show, Pete and Damian wince as their writer begins his question with a stunning headline: “I just bought a new home and I instantly regret it.” You have got to check this one out.
Can’t listen? Check the Show Notes!
Show Notes:
- With $80,000 in equity, should they get out now or wait and build up equity? Pete and Damian muse with the following questions in response: “What makes him feel like he was right in the first place? Or wrong in the first place? Maybe it’s just buyer’s remorse?“
- The concept of waiting to build additional equity in the home comes with a number of important considerations, including specific location (state, city, neighborhood), as this will affect prices and likelihood of being able to sell at a later date.
- Peter and Damian suggest, unfortunately Get out now. 😔
Click play below to find out why.
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Peter Dunn a.k.a. Pete the Planner® is an award-winning financial mind and a former comedian. He’s a USA TODAY columnist, author of ten books, and is the host of the popular radio show and podcast, The Pete the Planner Show. Pete is considered one of the foremost experts on financial wellness in the world, but he’s just as likely to talk your ear off about bass fishing.