[Sheneequa]

1) What exactly is Purchasing Power? Does that mean that your next house is whatever it really is minus that amount?

and

2) Can you possess more than one house at a time? In other words, when you buy a new kind of house, do you automatically sell your present house... kind of like a trade-in?

[Guest]

Cant have more than 1 at the time.

Your purchasing power is the value of your bank account + the value of your house. You need to have the cash in the bank to buy a house, not in hands.

[TheManiac]

(2009.Jul.28 08:16 PM)Sheneequa Wrote:  1) What exactly is Purchasing Power? Does that mean that your next house is whatever it really is minus that amount?

and

2) Can you possess more than one house at a time? In other words, when you buy a new kind of house, do you automatically sell your present house... kind of like a trade-in?

Since Thor didn't quite answer your second part of the second question: Yes, you automatically sell that house. It's not a trade-in, you basically want to sell the house BEFORE you purchase your next house that way the money you got for selling the house can carry onto the house you're about to buy.

[CrazyFoley]

(2009.Jul.28 09:00 PM)TheManiac Wrote:  

(2009.Jul.28 08:16 PM)Sheneequa Wrote:  1) What exactly is Purchasing Power? Does that mean that your next house is whatever it really is minus that amount?

and

2) Can you possess more than one house at a time? In other words, when you buy a new kind of house, do you automatically sell your present house... kind of like a trade-in?

Since Thor didn't quite answer your second part of the second question: Yes, you automatically sell that house. It's not a trade-in, you basically want to sell the house BEFORE you purchase your next house that way the money you got for selling the house can carry onto the house you're about to buy.

WRONG! Do not listen to this. Do not sell the house before you buy a new one. Doing this will reset your happiness to 100. The worth of the house goes to your next purchase. Exactly like a trade in, and just like Thor said. (kinda he said its in your purchasing power which answered the question)

[TheManiac]

(2009.Jul.28 09:26 PM)thatthingufear Wrote:  

(2009.Jul.28 09:00 PM)TheManiac Wrote:  

(2009.Jul.28 08:16 PM)Sheneequa Wrote:  1) What exactly is Purchasing Power? Does that mean that your next house is whatever it really is minus that amount?

and

2) Can you possess more than one house at a time? In other words, when you buy a new kind of house, do you automatically sell your present house... kind of like a trade-in?

Since Thor didn't quite answer your second part of the second question: Yes, you automatically sell that house. It's not a trade-in, you basically want to sell the house BEFORE you purchase your next house that way the money you got for selling the house can carry onto the house you're about to buy.

WRONG! Do not listen to this. Do not sell the house before you buy a new one. Doing this will reset your happiness to 100. The worth of the house goes to your next purchase. Exactly like a trade in, and just like Thor said.

Oh, you got me on that one, thatthing. Good thinking. Never really thought about the happiness thing.

[CrazyFoley]

Yeah, didnt mean to call you out there just trying to give out some advice.

[TheManiac]

(2009.Jul.28 09:34 PM)thatthingufear Wrote:  Yeah, didnt mean to call you out there just trying to give out some advice.

Oh, it's no problem, lol.

[Sheneequa]

Okay. That clarifies a lot. Thanks for all of your help.