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What is the minimum a home can appreciate in 7 years?

by john_thomas11 from New York, New York. Jun 14th 2013 Reply


SHAHROKH CHARLES BEROKHIM (mortgageusa)
#87 ranked lender in New York - 68 contributions

there is real answer to this question. It depends on market conditions and stock market and entire financial state of country

Jun 14th 2013
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SHAHROKH CHARLES BEROKHIM (mortgageusa)
#87 ranked lender in New York - 68 contributions

why do you ask??

Jun 14th 2013
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Elden Lewis (elewis_409_299)
#41 ranked lender in Indiana - 223 contributions

There is no minimum. It could even depreciate in value. It all depends on whats going on in your market area.

Jun 14th 2013
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Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

There is no minimum

Jun 14th 2013
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Carlo Sanchez (MortgageLendingPro)
#0 ranked lender in Utah - 1,163 contributions

There is no minimum

Jun 14th 2013
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Jason Vondrak (jvondrak)
#220 ranked lender in California - 1,741 contributions

In 7 years a home can either appreciate or depreciate, it all depends on the market.

Jun 14th 2013
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Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions

The home can appreciate or depreciate and there is no minimums. However, New York happends to be a completely different animal than other housing markets across the country. If you would like to discuss further, you can call or email me. Peter Botros 347-231-4444 , PBotros@OmegaLoans.net

Jun 14th 2013
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Peter Botros (PeterBotros)
#70 ranked lender in New York - 895 contributions

The home can appreciate or depreciate and there is no minimums. However, New York happends to be a completely different animal than other housing markets across the country. If you would like to discuss further, you can call or email me. Peter Botros 347-231-4444 , PBotros@OmegaLoans.net

Jun 14th 2013
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William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Some homes in the Phoenix area appreciated 35% to 50% during the boom, and during the down turn, these properties depreciated vastly... some as much as 75%... there is no maximum or minimum... .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Jun 14th 2013
1
0
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Some homes in the Phoenix area appreciated 35% to 50% during the boom, and during the down turn, these properties depreciated vastly... some as much as 75%... there is no maximum or minimum... .. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Jun 14th 2013
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Phil Dumouchel (PhilDu)
#32 ranked lender in South Carolina - 2,249 contributions

What is the likely value of a stock or gold in 7 years? Same type question, it depends on the market

Jun 14th 2013
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James Mazzola (Mazzola)
#109 ranked lender in New Jersey - 314 contributions

It can go up or down

Jun 14th 2013
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Dave Metsker (DaveMetsker)
#35 ranked lender in Oregon - 2,318 contributions

No minimum. It could even go down in value.

Jun 14th 2013
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Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,843 contributions

Historically, homes appreciated about 2-3% a year. From 2007 - 2012, most homes LOST about 35% in value. In the past 12 months here in Minneapolis / St Paul, the average home has GAINED 15.1%. There is no guarantee of any kind.

Jun 15th 2013
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