All Seattle Real Estate experts, is buying a high-rise condominium in downtown Seattle, a good idea?

I bought a condo high-rise in downtown Seattle in late 2006. The tall building is not complete. When I checked the latest prices rose slightly. It will be completed next spring. Should I hold or sell? If the sale, how can I do, because they have not closed on it, however, until it is complete. Please advise. Very appreciated. Yes, I had the purchase agreement in 2006 prices. It is anticipated that construction would be completed in summer 2008 but was delayed in the spring of 2009. The building is a luxury high-rise with 39 floors in total. My concern is the housing market in Seattle, is it good? Can I sell at the higher price?

Did you have an Agreement of Purchase and Sale Agreement in 2006 prices or simply reserve a "lot" which reserves a contract of sale and purchase later? You may be able to assign its interest in the purchase agreement and sale to third parties. The owner must agree. You get an "assignment fee" (the difference in its price and sells it to someone). 2 years is a long period of delayed closure. Holler if you need help. www.JohnLscott.com / RodKoon

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