You are in the same situation that so many others are in at this time. Because there is no clearly beneficial direction for you to take the best course is unclear. To make matters worse, the state of the national and world economy is not encouraging.
The question becomes, if you try to wait it out, will this save you money or will you lose even more? We would like to be able to say, if you hold on for 6 month, or 18 months, etc. you will still be able to sell this unit for the same price you are considering today.
Unfortunately, with the situation as it is, we are expecting prices to continue to decline. So you unit's value decreases more and the bleeding continues to intensify because of the monthly expenses.
The picture as we see it is, lose now or wait and lose more later because the recovery period for today's losses may be years away. There is no clear ans easy path......the best route is the one that meets your personal needs for TODAY.
The Eckler Team... more
I am listing one in marina village in the next couple of days. We are a family business in the Lantana area and would love to help you. Please contact me via email: email@example.com and I will send you more information.
I look forward to hearing from you!
Red Reef Realty Inc.
Skype: Jolie.Lindholm... more
Please call or email me to discuss your real estate needs.
Re/Max Advantage Plus
Real Estate Broker-Associate
Direct Line 561-251-5296
Toll Free 1-888-363-5910
Please click on this link to view a 45 second personal introduction video: http://www.youtube.com/watch?v=QwoJTyNldLw
Please click on this link to view Newsletter Housing Trends eNewsletter: http://paulsaperstein.housingtrendsenewsletter.com... more
That's a question I would prefer to discuss with you on an individual basis, not in an open forum. Please give me a call and we can see what we can work out.
Regency Realty Services
There is no telling what the rate will be at that point.
I guess you're telling us you have a prepayment penalty?
There is a rumor that the rates will be forced to 4.5% but for how long? for what type of transactions? right now they're saying 4.5% for purchase only
We'll have to see what Obama brings ...
Is there enough equity in your condo to refinance anyway?... more