What did you pay for your house?

About fifty years ago, my grandmother told me that there is no point in concealing anything that is available in public records. For example, counties allow people access to records to find how much people paid for their home. Then it involved a visit to wherever the records were kept, but it was available. Now most of that information is on the Internet and can be found in minutes.

Now a surprising amount of information is in the public records and can be found with very little effort. I checked sales history of all seventeen of the apartments in our building. Our apartment is too big an investment for us to be ignorant of what is going on around us.

With the economic downturn, the question I have to ask is not “What did you pay for your house?” but “What is your house worth?” That is a harder question to answer, and sadly, it is a lot less than what we paid for it.

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