Should I Keep My Home or Let It Go?

The Real Estate market right now is terrible. This is the truth, no matter what part of the country you may reside in- the future does not look pretty for homeowners. All around us there are short sales, foreclosures, vacant homes and distressed properties. I know that when I stumble across a “normal” listing (meaning not a short sale, foreclosure or auctioned home) I always do a double take! Typically, these normal sales occur when a homeowner has lived in the home for many years, never took out a HELOC or re-financed during the boom of 2004-2008. Simply because I am in the Real Estate Industry I oftentimes find friends begging the question: How do I know if it is wise to stay in my home?

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