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primary home, vacation home, and real estate issue

Hi, We are having difficulties entering homes and real estate into Esplanner. This is our situation. We have a primary home, a vacation home, and we are intending to buy a condo in Boston, MA that we will rent until we retire in 2012, then sell our primary home, pay off both primary and condo mortgages, and move into the condo. I have entered the condo as real estate, which we have NOT yet purchased, with a downpayment of 50%. When I look at the net worth section of the PDF report, it shows that we still have all our cash, but that we also own, outright, the Boston condo, even though I had checked the "we do not yet own this" box. Clearly, we need to use some of our cash as a downpayment for the condo, so this inflates our net worth significantly, and skews the consumption results upward significantly, as it shows that our net worth when retire is this much higher number.

Any advice?

Claudia E

1

This doesn't sound right and isn't what we see when we run a similar test case. Please create a support ticket and upload your database so that we can check it out.

Best,

Dick Munroe