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Subject:  Re: What To Do Date:  6/30/2011  1:03 AM
Author:  gdett2 Number:  267 of 294


You are asking a question that is part financial and part lifestyle.

On the financial side: You will have more insurance, repairs, taxes, utilities, etc to pay. You may find a great deal that will pay-off however, home prices may continue to drop because of ongoing defaults.

Financially, you can use a spreadsheet, calculator or a sheet of paper to figure out which scenario might be better.

On the lifestyle side: Do you know exactly where you want to retire? Would you possibly find another area you like better? Will you use this place as a vacation home? Would having the extra home