The reason why the so - called «discounters» have business
right now is because so many sales of homes are in the unfortunate position of being under water (the
mortgage amounts owing thereon are higher
than what the
current market values are, or, to put it another way, the
mortgage amounts owing are higher
than what one can reasonable expect to get when one sells said property (ies).
If the rental rates in your
current area are not significantly higher
than your
mortgage payment, it may not be the
right time to invest in another home.