We just purchased it two years ago and right now the market is soft due to all of the sub-prime mortgage hoopla. Even though our area is not directly affected, lenders have tightened their standards and housing prices are not increasing the way they were.
We don't HAVE to sell, we will be able to make the payment while we are in Kwajalein but the hassles of trying to rent or leave it empty are what are weighing on us right now.
If we could hang onto it for a few years and sell it when the market stabilizes or recovers, it would make more sense financially. Again, it's kind of hard to maintain from thousands of miles away.
So, we're tossing around ideas.
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