|
Selling my condo, now what?
I bought a condo 10 years ago in case my mother wanted to live in town, and be close to the hospital. Well, instead of living in the condo, we have a house in town that my mother wanted to live at. I used the place for rental income, but could not live there as no pets allowed. At the time, mom had no pets. Mom passed at the beginning of this year and I decided to sell. It closes in a couple weeks and I have been looking at replacement properties.
I need some input from the Pelican brain trust. Should I immediately reinvest in another condo, or is it better to hold on to the money during the recession. If I held onto the money, I could wait for bargains.
__________________
The fun - '06 Carrera, '79 930, '06 S4 Avant, '16 i8
The mundane - '24 Tesla Model 3, '22 Tesla Model Y, '19 Tacoma
|