How much less is your house now worth compared to what you originally paid for it?
by 
discobod
ANSWERS: 5
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My house is worth -$30,000 less than when I bought it. Yes, that's a negative less...which means more...
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It's actually worth a lot more than when I bought it because I bought it in 1987!
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In the 18 years since we have lived here our house has gone from $165,000 all the way up to $350,000 (Jan 06)to the current estimate of $220,000. The increase on our investment over the last 18 years is $55,000, so far. When the equity was high, we purchased a rental home, and have done well with that.
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Well; my mother purchased this home in 2002 for $92,000 In December of 2006; it was appraised at $200,000 ! In November of 2007, it was appraised at $190,000 ... Then; in November of 2008, it received an Estimate of $161,100 ... or thereabouts .... BUT: as of TODAY .. Cyberhomes.com has RAISED the value back up by $11,000 in just one month in THIS area / subdivision and the new value is now at $172,000 PLUS .....
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AFTER 28 YEARS I WAS FORECLOSED ON, SO IN THAT AREA, I HAVE NOTHING. HAVE A NICE DAY.
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