Update regarding the CommunityBound/My Mountain Town Dispute

30 Jan 2014 13:39 #231 by BuyersAgent
I totally agree.

I'm in the business of dream-squashing, to the extent of identifying potential RE risks that the GO! energy may be reluctant to perceive -- but it's better to be disappointed on the short-term than suffer over the long haul.

Kathy G. Hansen
Broker/Owner
COLORADO HIGHLIGHTS REALTY
303-761-4046

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30 Jan 2014 14:24 #232 by deltamrey

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30 Jan 2014 14:55 #233 by BuyersAgent
I'm in the RE business, historically focused on the buying end, so it's my job to point out the Downside as well as the Upside.

I've seen people qualified for mortgages that were way more than they wanted to pay, and imagine that the empty lot next to their dream home will always stay that way. Reality is hard! Being under-capitalized in any venture is a killer and that goes for too much optimism too.

I think we'd agree that the first few years of any venture are the worst, whether it's moving to the mountains after a lifetime in the city, or running a business. And that the more capital is available, the better, to meet unexpected expenses that just "happen to crop up" once the venture is actually underway.

Kathy G. Hansen
Broker/Owner
COLORADO HIGHLIGHTS REALTY
303-761-4046

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