Suppose a retired person living on a fixed income owns property in one of the states hit hardest by the real estate market. Owner is retired, lives alone, doesn't need the space in the guest house/office (housed six employees)and wants to downsize to at least half the size. But now is not the time to sell a multi-acre property that is in the six figure market. It is a unique property,appealing to an unique buyer who loves art, cars,entertaining, mountain and desert views. It requires about $7,000 a month to maintain. Few (15%)complains about the price (that could be reduced); most who view the property are positive in their reviews. But most people say it is too large for today's life style or they feel the bottom of the market has not been reached.

Hold or fold? Questions to be considered in making decision?