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  • From: "Linda" <intuit AT teleport.com>
  • To: <homestead AT lists.ibiblio.org>
  • Subject: Re: [Homestead] Informal Survey of Housing Bubble
  • Date: Fri, 21 Jul 2006 13:52:34 -0700

Where's Gene!

----- Original Message -----
From: "SISU!" <erthnsky AT bellsouth.net>
To: <homestead AT lists.ibiblio.org>
Sent: Friday, July 21, 2006 1:40 PM
Subject: Re: [Homestead] Informal Survey of Housing Bubble


> -------I spoke with my daughter n law today and she
> > said we need to be prepared for our bubble to start bursting before
> > long. I
> >
>
> For those of us who have no intention of selling or refinancing, but who
> still have mortgages(fixed rate), exactly how does this impact us? My
> taxes are calculated under a conservation covenant and are no longer
> appraisal based. It is a 10 year renewable covenant, and the house and
> property will be paid off in 11 years. I have no desire or intention to
> move, but in the event something happens and I do have to put the house
> up for sale(death, divorce, whatever) how will the whole bubble bursting
> thing affect me? How do I prepare?
>
> Bev
>
> --
> erthnsky AT bellsouth.net BevanRon of EarthNSky Farm NW Georgia USDA Zone 7
> 34.498N 85.076W
>
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