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May 15th, 2007, 06:02 PM
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#1 |
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Registered User
Join Date: May 2007
Location: yo mamas house
Posts: 2
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Selling or Leasing?
Hey everyone! My name is Mary and I am new to the forums here so I just wanted to stop by and introduce myself. I work for HGTV and I becoming very interested in real estate and home improvment. I currently own a townhouse in the LA area of California, but I am thinking of leasing it and buying a small house around the same area. Is it true that townhouse values kinda decrease after a certain dollar point as opposed to houses? What do you guys think I should do??? Should I lease out the townhouse or just sell it asap?? Thanks for the help!
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May 16th, 2007, 10:33 AM
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#2 |
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Member
Join Date: Feb 2001
Posts: 2,048
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I'm tempted to say, "Sell it already!"
 Welcome, Mary!
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Love is never defeated, and I could add, the history of Ireland proves it. -- Pope John Paul II |
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May 16th, 2007, 10:52 AM
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#3 |
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Senior Memeber
Join Date: May 2001
Location: Indiana
Posts: 864
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Ditto (*(*(*( Liam )*)*)*)
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KAP-AJS |
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May 16th, 2007, 09:21 PM
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#4 |
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Member
Join Date: Feb 2001
Location: in the state of confusion :)
Posts: 3,524
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Hi Mary,
Welcome to WOW. I agree with ((((( LiamFan, and DACDJr)))). Sell it get the money to put down on a smaller place. Even have money to buy new furniture if you so desire. If you hold on to it via leasing/renting it's still your headache, should something go wrong. Ex plumbling, electric, whatever. Go on start anew. 
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Smiles are contagious. It's ok to pass them on.  *
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