When do you think the market will become stable enough to make selling a good option again? We'll soon have to be making a decision about selling, but it's a little scary at this time.
Of course with just having bought, we really don't want to keep two homes going, either, and... well offering it as a rental feels like too much of a pain. What have some of you done about the bad market for selling?
I have a feeling it will be a decade before the market returns to the levels we saw before 2006. I have seen stories where folks have had to sell their home with a balance remaining on the mortgage.
If you rent your home out, you might consider hiring a management company to handle common issues associated with rentals. The cost may be tax deductible.
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