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I bought a condo at Estero, Fl. as an investment, 6 years ago. I don´t need to sell it right now. Should I?

wait until it´s a sellers market or the properties prices will continue going down?
Mon Mar 17 2008, 18:48 - Estero - Market Conditions - 7 answers
 
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Ida
Home Seller
in Estero
Ida, Home Seller in Estero in Estero
Answers (7)
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Deborah Madey… was FIRST TO ANSWER
Hello Ida,
Everyone has said it; now is not the time to sell. Your time will come!!
Good luck to you!,
Nancy

Mon Mar 17 2008, 19:39
Web Reference: http://www.nancydrealtor.net
 
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Ida,
It sounds like you have answered this question all ready....this is no time to put a property on the market, especially if you can afford to hold onto it until the market shifts.

There will be better times....don't panic.....The desirability of Estero will remain strong and your patience rewarded.

The "Eckler Team"
Century 21 Almar & Associates
Venice, Fl 34285

Mon Mar 17 2008, 19:23
Web Reference: http://www.venicerealestatesite.com
 
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The market will come back hang onto it and 6 years ago you probably got it for a decent price! Keep it rented

JD "Dan" Weisenburger, GRI
Broker-Associate
Vanguard Realty, Inc., GMAC Real Estate

Mon Mar 17 2008, 19:21
Web Reference: http://www.neflahomes.com
 
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Keep it. Estero is THE place to be and is the best place to own some property.

Mon Mar 17 2008, 19:15
Web Reference: http://www.Estero-Florida-RealEstate.com
 
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Depends on your situation......but why would you want to sell at the bottom of the market in the best area to live in. I would keep it. Estero is the best area in Southwest Florida.

Mon Mar 17 2008, 19:14
Web Reference: http://www.Estero-Florida-RealEstate.com
 
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If you don't need to sell, this is not the time. Hang in there. Keep in rented and generate some cash flow.
Marian Schaffer
The Schaffer Realty Group
www.marianschafferrealty.com

Good Luck

Mon Mar 17 2008, 19:04
 
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FIRST ANSWER
Is it rented? Have you been able to continuously rent it? Do you have a positive or negative cash flow?

Mon Mar 17 2008, 18:50
 
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