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Archive for November, 2015

When is a good time to sell?

November 17, 2015

One indication of a good time to sell is when rents have been climbing.  You’ll know this because they will hear this on the nightly news on your way to putting your coat in the closet before having your dinner.

Another good time to sell when interest rates are low as they are now.  The reason for historically low interest rates being good for selling is that there is more buyer interest and buyers can qualify for more funds and get better returns that way.  If you’ve held your building for many years, you will eventually reach a point where your tax benefits and your deductions will not produce as well as they once did.   Just liquidating to cash and…