From: "Stephen Burke"
Newsgroups: uk.finance
Subject: Re: monoblock drives and RoI
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Date: Sun, 13 Jul 2003 03:34:32 +0100
Ronald Raygun wrote:
> and if you compare the difference with the expenditure involved in
> effecting it, that won't tell the whole story. The real test is
> whether it sells the property any sooner than without the magic,
> even at the "before" valuation. Time is money if you're paying out
> mortgage interest.
Unless you have a bridging loan the interest isn't relevant, it's just the
time to move ... but if markets are slow you are less likely to get a buyer
who likes your decor, and if markets are fast then it will sell anyway, so
catch-22 ...
--
Stephen Burke
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