The Mudcat Café TM
Thread #112520   Message #2382169
Posted By: The Fooles Troupe
06-Jul-08 - 01:48 AM
Thread Name: BS: Thoughts on Real Estate Auctions???
Subject: RE: BS: Thoughts on Real Estate Auctions???
Well, do you really want to sell it? Especially right now, at the current state of the market? Would you prefer, as above, to hold it for up to 5 years or so? Empty, costing money to hold and maintain?

Have you considered just renting it? Holidays, etc if not to a 'permanent' tenant? You will get income (and some tax benefits too).

Having rented it for while, it is of course, then not 'new', but most houses are eventually sold 'second hand'... :-)