Quote:
Originally Posted by Bonka
Assuming you two bought for the purposes of living in it, it's probably better to hang on to it unless difference is covered and you come out ahead buying something comparable, or the market tanks.
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Taking the money and running only makes sense if you really have soured on the building or area and want to get out. Maybe there's an investment or business opportunity the OP has in mind?
The OP will take the 80K and spend another 80K-100K on the property they really want. It's the way the market is right now.