- This topic has 90 replies, 11 voices, and was last updated 17 years, 2 months ago by
Fletch.
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September 13, 2008 at 8:57 AM #269959September 13, 2008 at 10:11 AM #269681
Veritas
ParticipantHave you looked at the area(s) where you would need to rent yet? That might be a factor influencing your decision to sell. I lean more toward the buy and hold side of the equation, but I don’t think we are at or even near the bottom. Selling now might be the best depending on the market conditions. I think the sellers see a looming crash in the economy(not just a deflating real estate bubble) and prices going even lower. Have you decided where you are going to park your money? That is also something to consider. Good luck.
September 13, 2008 at 10:11 AM #269913Veritas
ParticipantHave you looked at the area(s) where you would need to rent yet? That might be a factor influencing your decision to sell. I lean more toward the buy and hold side of the equation, but I don’t think we are at or even near the bottom. Selling now might be the best depending on the market conditions. I think the sellers see a looming crash in the economy(not just a deflating real estate bubble) and prices going even lower. Have you decided where you are going to park your money? That is also something to consider. Good luck.
September 13, 2008 at 10:11 AM #269920Veritas
ParticipantHave you looked at the area(s) where you would need to rent yet? That might be a factor influencing your decision to sell. I lean more toward the buy and hold side of the equation, but I don’t think we are at or even near the bottom. Selling now might be the best depending on the market conditions. I think the sellers see a looming crash in the economy(not just a deflating real estate bubble) and prices going even lower. Have you decided where you are going to park your money? That is also something to consider. Good luck.
September 13, 2008 at 10:11 AM #269967Veritas
ParticipantHave you looked at the area(s) where you would need to rent yet? That might be a factor influencing your decision to sell. I lean more toward the buy and hold side of the equation, but I don’t think we are at or even near the bottom. Selling now might be the best depending on the market conditions. I think the sellers see a looming crash in the economy(not just a deflating real estate bubble) and prices going even lower. Have you decided where you are going to park your money? That is also something to consider. Good luck.
September 13, 2008 at 10:11 AM #269996Veritas
ParticipantHave you looked at the area(s) where you would need to rent yet? That might be a factor influencing your decision to sell. I lean more toward the buy and hold side of the equation, but I don’t think we are at or even near the bottom. Selling now might be the best depending on the market conditions. I think the sellers see a looming crash in the economy(not just a deflating real estate bubble) and prices going even lower. Have you decided where you are going to park your money? That is also something to consider. Good luck.
September 13, 2008 at 12:19 PM #269748capeman
ParticipantRental area or costs should be separate in the decision making process of holding a six figure depreciating asset. You can always rent smaller or in another area but don’t let that influence your decision for holding vs. throwing a ticking financial bomb.
September 13, 2008 at 12:19 PM #269978capeman
ParticipantRental area or costs should be separate in the decision making process of holding a six figure depreciating asset. You can always rent smaller or in another area but don’t let that influence your decision for holding vs. throwing a ticking financial bomb.
September 13, 2008 at 12:19 PM #269985capeman
ParticipantRental area or costs should be separate in the decision making process of holding a six figure depreciating asset. You can always rent smaller or in another area but don’t let that influence your decision for holding vs. throwing a ticking financial bomb.
September 13, 2008 at 12:19 PM #270032capeman
ParticipantRental area or costs should be separate in the decision making process of holding a six figure depreciating asset. You can always rent smaller or in another area but don’t let that influence your decision for holding vs. throwing a ticking financial bomb.
September 13, 2008 at 12:19 PM #270060capeman
ParticipantRental area or costs should be separate in the decision making process of holding a six figure depreciating asset. You can always rent smaller or in another area but don’t let that influence your decision for holding vs. throwing a ticking financial bomb.
September 16, 2008 at 9:46 AM #270876Fletch
ParticipantA quick update for the folks who were kind enough to share your thoughts…
We got three offers over the weekend, and accepted one that was over asking and have another as a back up. Financing is solid so hopefully it’ll close on time.
When all is said and done, I’ll be selling for about 17% less than what I bought for… I’ll be walking away with enough to modestly jump start my savings, or more likely, buy a few hundred plastic bottles of Early Times bourbon.
September 16, 2008 at 9:46 AM #271116Fletch
ParticipantA quick update for the folks who were kind enough to share your thoughts…
We got three offers over the weekend, and accepted one that was over asking and have another as a back up. Financing is solid so hopefully it’ll close on time.
When all is said and done, I’ll be selling for about 17% less than what I bought for… I’ll be walking away with enough to modestly jump start my savings, or more likely, buy a few hundred plastic bottles of Early Times bourbon.
September 16, 2008 at 9:46 AM #271128Fletch
ParticipantA quick update for the folks who were kind enough to share your thoughts…
We got three offers over the weekend, and accepted one that was over asking and have another as a back up. Financing is solid so hopefully it’ll close on time.
When all is said and done, I’ll be selling for about 17% less than what I bought for… I’ll be walking away with enough to modestly jump start my savings, or more likely, buy a few hundred plastic bottles of Early Times bourbon.
September 16, 2008 at 9:46 AM #271167Fletch
ParticipantA quick update for the folks who were kind enough to share your thoughts…
We got three offers over the weekend, and accepted one that was over asking and have another as a back up. Financing is solid so hopefully it’ll close on time.
When all is said and done, I’ll be selling for about 17% less than what I bought for… I’ll be walking away with enough to modestly jump start my savings, or more likely, buy a few hundred plastic bottles of Early Times bourbon.
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