Friday, August 26, 2005

Movin' on up and renting out the house

Movin' on up and renting out the house�-�Home Guide�-�The Washington Times, America's Newspaper: "Perhaps the most famous move-up buyers were the Jeffersons. Remember them? They were the newly wealthy couple of '70s television fame who moved on up to the East Side of Manhattan after spending years in a Queens duplex next to Archie Bunker.
Chances are, they probably sold that first home. However, given the state of today's hot real estate market, the Jeffersons probably could have been making a tidy monthly income renting out their old home.
These days, they might well be suffering from 'seller's remorse.'
Seller's remorse: the belief that if you had kept your property just a little longer, you would have realized a far greater profit. "
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