Overconfident Bridge-Buyers (take a look with the appraiser)
About once a week I run into them again: the “Overconfident Bridge-Buyer.” The what? The home buyer who bought a much too expensive new house because they vastly overestimated the value of their own current home. This is what I call the Overconfident Bridge-Buyer. I actually wanted to call this article “Bridge-Buying Losers,” but my…