Look at the folks who assumed that it always made sense to buy, even if they were going to be moving on in a few years, who were left holding the bag when the housing market collapsed in 2008.

Is the housing market now going to collapse?

Luckily she is a computer programmer and makes a decent salary and is only expected to come to the office for a 1/2 day and do the rest from home.I was lucky that I collapsed in the evening and my wife was there and called an ambulance and I was in the hospital for 30 days and I do not remember any of that.

Navy actually lol i was there before the housing collapse so things might have changed since then.

I was blessed with a $1500 burst water heater the first week in the house, a year later an $8000 new furnace was needed then I had to dip into retirement for a $15,000 collapsed main sewer line to the street a few years after that.  

Careful tho you don't want too much equity, but enough to keep you safe from a market collapse. 

That means bringing all electrical up to code and it may be worth more than what you can sell the house for depending on the location.If they are pumping water out of the basement - it could be a simple matter of putting in a $6,000 "waterproofing solution" (installing drainage tiles pointing water to a sump pump) to a $12,000+ repair of putting in structural steel to support a collapsing basement wall due to hydrostatic cracking occurring on the foundation.I would tread lightly on this deal.  

>> Icing on the Cake of Negligence:Who in their right mind, would upon SEEING a house ( DISCOVERY) just shut the door and leave, and drive 30 minutes back to their office with a water heater streaming full blast with 20 ft plume in the air hitting the ceiling and seeing drywall collapsing and walls covered in black moldNOT CALL IMMEDIATELY FOR HELP!!!

Local news stations are reporting roof failures, carport collapses, and business either temporarily closed or completely destroyed because of storm related damages.

I have a collapsible hammock I use on the beach....