Okay let’s run the scenario where the market DID crash. What are you going to do with your home? Well, most likely, you are going to stay in your home. Your mortgage will stay the same when you are locked into an interest rate. What COULD be possible in this scenario is that your home value might not be worth what you had recently bought it for. If that’s the case then hold onto the house until it is a a price you would be comfortable selling at.
What if the Market DID Crash? | Laffins Real Estate Team
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