Monday, January 2, 2012
To sell or not?
If you're happy there than stay. But if you don't plan on staying there forever than I would sell it now. If the area gets built up more & is mainly commercial you'll have a hard time selling it as a residential home, but you may be able to sell it as a commercial use building; if you sell now while there is still some residential buildings around you it might be easier. Of course given todays market it'll be hard to sell either way unless it's in tip top shape & move in ready AND you find someone willing to buy it. use the equity as a down payment on a new home then maybe rent this one is another option...but in the ned you just want to be sure you aren't stuck w/a home you can't sell at all because it's surrounded by businesses...
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