Skip to main content

Details of Short Sale Financial Analysis

After our recent post about our experience short selling our house, Rich and Simone asked about the specifics of our home value "best case scenario". Something that has helped us while planning for our trip has been other blogs that practice full transparency, especially with finances. Jonathan and I decided awhile ago that we would provide the same openness to our friends and readers.

So, without further ado, we are now debuting our first Helpful Detailed Financial Picture PostTM.

Home Value Best Case Scenario

1. Our home value will not drop below the current value.
2. Our home value will start to appreciate immediately at 4% per year.
3. Closing costs will be 10% of the sales price.

Projected Home Value Over Time

Click to embiggen

Amortization Schedule

Click to embiggen

Conclusion: We will break even in 2016.

Home Value Worst Case Scenario1

1. Our home value will stay flat for the indefinite future.
2. Closing costs will be 10% of the sales price.

Amortization Schedule

Click to embiggen

Conclusion: We will break even in 2024.

1 Actually, the worst case scenario is that our home value will continue to drop.


  1. Thanks for sharing this. I'm plugging my numbers in right now. I can't wait to see what my best case and worst case are.

    BTW - How did you decide on an assumption of annual growth at 4%? Is this the standard growth rate if the economy stabilizes?

  2. I think we got that number from Dave (who works in the mortgage industry) as a sane home appreciation rate and what we can expect for the future.


  3. In Home Loan After Foreclosure real estate,Cattle can be seen browsing on a hundred
    hills, while venerable oaks, like hunched-over sentinels, spread their
    dark green shade. And the wonderful sense of camaraderie, of everyone
    being wanted and needed, continues to characterize life-style in the valley.”

    Mortgage After Foreclosure
    Mortgage After Short Sale
    Home Loan After Foreclosure
    Home Loan After Short Sale
    Financing After Short Sale


Post a Comment

Popular posts from this blog

I spy...

I was looking for directions on Google Maps today when I realized that Google had just added "birds-eye" views for Fort Collins. So, of course, I went to see what our home looks like. Much to my surprise, I found that Google just happened to catch us on the morning of March 29, 2012. Our moving day! So, you better think twice before deciding to run around naked in your back yard. You never know when the aerial photography plane is going to fly by!

What We See From Our Car Window

We will be back stateside tomorrow tonight which means we will have greater access to internet (via our phone) and can finally catch you all up on all of the fun we've been having in Canada and the northeast U.S.! Until then, I thought I would share some of what we have seen while driving. Not all of them, dear. What is blocked out?? And why block that thing out and keep "Variety"? Doesn't "Variety" imply that they are selling the thing that they blocked out? I'm so confused. Gas Bar. So many interpretations, all of them kind of weird.

Our latest DIY adventure... Homebrew!

After participating in a few different brewery tours around town, the Curious Souls wondered "how difficult can this brewing thing really be?" Today, with a few beers (for inspiration), a few friends, and an extract kit , we decided to try it out for ourselves. Enter (stage left) End of the World Brewing... ( Vid link for the iPhone impaired ) Easy, right? Just like making stew... or tea... or stewing tea... or something... And now, we wait (quite impatiently) for the little S. cervisiae to do their job.