[dropcap2]Q[/dropcap2]I bought my house about a 1.5 years ago and because of personal reasons am considering selling. The value has dropped approximately $25,000 since purchased but because of the healthy downpayment, I do have about $40K in equity. Is it worth selling now or should I hold off and rent it?
[dropcap2]A[/dropcap2]Good question. The best way to get the answer as it pertains to you & your property is to get the advice of an agent (or 2). After getting a market analysis, you will see exactly what has happened & what the ‘trends’ are. Review these & you will have the answer to your question.