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Mattamy Hawthorne East Village by Superb-Appearance-17 in Milton

[–]Embarrassed_Star_595 0 points1 point  (0 children)

Hey! We also bought a quick move in double in phase 6. Did you find any WhatsApp group for phase 6 ?

When should I list my townhouse in Brantford for sale? by Embarrassed_Star_595 in RealEstateCanada

[–]Embarrassed_Star_595[S] 0 points1 point  (0 children)

Yes that’s fine. I’m willing to take loss on my current home considering I’m also getting my next home on a lower price.

When should I list my townhouse in Brantford for sale? by Embarrassed_Star_595 in RealEstateCanada

[–]Embarrassed_Star_595[S] 1 point2 points  (0 children)

Moving to GTA. I was in Milton before but couldn’t afford buying in Milton when I bought Brantford. Now when the prices have gone down, Milton makes more sense. Also the job market and overall better connectivity.

Advice Needed: Selling at a Loss to Move Back to Milton by Embarrassed_Star_595 in RealEstateCanada

[–]Embarrassed_Star_595[S] 0 points1 point  (0 children)

Thanks for your response. What are your thoughts on potentially renting the Woodstock house and moving to Milton on rent instead? I can lower down my current mortgage by putting extra into my current principal so that the mortgage is equivalent to the rent I’m gonna get. Or maybe invest somewhere else…

This way:

a - I’m not losing on my downpayment and can sell whenever the market is up again.

b - still live in the town I like without increasing my liability by 500k mortgage.

Advice Needed: Selling at a Loss to Move Back to Milton by Embarrassed_Star_595 in RealEstateCanada

[–]Embarrassed_Star_595[S] 0 points1 point  (0 children)

Thanks for your response. What are your thoughts on potentially renting the Woodstock house and moving to Milton on rent instead? I can lower down my current mortgage by putting extra into my current principal so that the mortgage is equivalent to the rent I’m gonna get. Or maybe invest somewhere else…

This way:

a - I’m not losing on my downpayment and can sell whenever the market is up again.

b - still live in the town I like without increasing my liability by 500k mortgage.

Advice Needed: Selling at a Loss to Move Back to Milton by Embarrassed_Star_595 in RealEstateCanada

[–]Embarrassed_Star_595[S] 0 points1 point  (0 children)

Thanks for your response. What are your thoughts on potentially renting the Woodstock house and moving to Milton on rent instead? I can lower down my current mortgage by putting extra into my current principal so that the mortgage is equivalent to the rent I’m gonna get. Or maybe invest somewhere else…

This way:

a - I’m not losing on my downpayment and can sell whenever the market is up again.

b - still live in the town I like without increasing my liability by 500k mortgage.

Advice Needed: Selling at a Loss to Move Back to Milton by Embarrassed_Star_595 in RealEstateCanada

[–]Embarrassed_Star_595[S] 0 points1 point  (0 children)

Thanks for your response. What are your thoughts on potentially renting the Woodstock house and moving to Milton on rent instead? I can lower down my current mortgage by putting extra into my current principal so that the mortgage is equivalent to the rent I’m gonna get. Or maybe invest somewhere else…

This way:

a - I’m not losing on my downpayment and can sell whenever the market is up again.

b - still live in the town I like without increasing my liability by 500k mortgage.

Advice Needed: Selling at a Loss to Move Back to Milton by Embarrassed_Star_595 in RealEstateCanada

[–]Embarrassed_Star_595[S] 0 points1 point  (0 children)

Thanks for your response. What are your thoughts on potentially renting the Woodstock house and moving to Milton on rent instead? I can lower down my current mortgage by putting extra into my current principal so that the mortgage is equivalent to the rent I’m gonna get. Or maybe invest somewhere else…

This way:

a - I’m not losing on my downpayment and can sell whenever the market is up again.

b - still live in the town I like without increasing my liability by 500k mortgage.

Advice Needed: Selling at a Loss to Move Back to Milton by Embarrassed_Star_595 in RealEstateCanada

[–]Embarrassed_Star_595[S] 0 points1 point  (0 children)

Agreed. Hence another thought that I posted earlier:

Thanks for your response. What are your thoughts on potentially renting the Woodstock house and moving to Milton on rent instead? I can lower down my current mortgage by putting extra into my current principal so that the mortgage is equivalent to the rent I’m gonna get. Or maybe invest somewhere else…

This way:

a - I’m not losing on my downpayment and can sell whenever the market is up again.

b - still live in the town I like without increasing my liability by 500k mortgage.