Sellers Struck When Prices Go Upside Down
Every car dealer knows what upside down means: owing more on a car than it is worth.
George Fischer of Sarasota — like many other would-be real estate sellers across Southwest Florida and the nation — is rapidly learning that the term can also apply to a home.
Since the Fourth of July, he has been trying without luck to sell his spacious Cedar Creek home, with its elegant fireplace and hardwood floors.
He has periodically allotted himself the painful duty of slashing his own asking price.