" My little one bedroom condo had become a little cramped, not to mention the strata in my building voted in favor of becoming a 55 plus building, and I’m 28. I had made the decision to purchase a house with a bit of property. I had my condo on the market for eight months to no avail, my realtor was working hard, but prices had fallen and if I reduced any further, I wouldn’t have any equity to purchase the house. He came to me with a solution. He had found a house-seller in a similar situation, they too had been on the market for over six months, their house was sitting empty costing them thousands each month. They took my condo at a price that left me just enough equity to make the move and do a few renovations. Win/Win "

" We decided to build our first new home project, back in late 2007 when there seemed to be no end in sight to the real estate rise. Six months later when we finally finished our beautiful project in the upper mission, things had changed. Other builders were running for cover and my realtor gave us the stats on the out of whack supply and the miniscule demand. We forged ahead anyway, sure that a buyer would appreciate the quality and attention to detail. Three months later and 15k in carrying costs we still didn’t have an offer. Enter trade this house. We ended up taking on a condo worth 200k less than our home, and upon closing, we had gotten our original money back from the build (our life savings) and we no longer had a 5k/mo builders mortgage and were free to move on to other endeavors. It was a small compromise to take on the condo that with a good tenant in place completely covers itself. We look at it like a holding tank for our
profit. "

Who Would Trade?    Trade This House