Trevor S
|
Can you take in roommates? |
|
babygirl1979
|
I would sell! If you stop paying they will foreclose which would kill your credit. You should have no problem selling it it is beautiful! |
|
radicshot10
|
It takes about a year to take away your house if you're going on a constant form of bad and erratic payments. As for the market, it is recommended that you sell when the market is high. When the prices have gone to the right spot were houses are being sold off the hook, thats your best bet. So for example, let's say you bought the house for 200,000 and now it has gone up to 500,000. You find out that the markets best value for houses is 400,000 in which the most sales are being made. Organize the price to around there, so let's say 410,000 or 450,000 and make sure it's the best time to sell and it'll go on sale pretty fast when the market is hot with the avarage price that I just gave an example of. That way, you are making a profit, as well as selling the house in which that has given you so much stress on payments. |
|
bratnumber5
|
you could try to refinance, this will lower your payments each month, and you may be able to keep your home. |
|
Mrs. Amazing
 |
you could let it forclose... I would try and sell it asap.
my neighbors put their house up for sell in march... then the bank bought it in june and they are still living there!!!
you could stay for a while a suppose.. w/o paying |
|
Tiffany W
 |
You will screw your credit up badly and it will be very hard to ever get a house again. I would have the electric turned off, the water etc but make the mortgage payment!!
Sell if for more than what you bought it for and pray someone wants to buy it. Always put up for more and that leaves room to negotiate down. It will take them a few months before the take the house away but don't let it get to that. Your county should have resources to help you as well. Call them and see what can be done. |
|
Daniel T
|
Bet it all on number 7 and hope for the best. Just kidding. Oddly we sold a second house very close to where you are in March of this year -- wasn't that lucky!
In any event, I would suggest you talk to your bank and see if there is anything they can do to help -- or talk to a community bank or credit union to see if it can be refinanced.
This will at least buy some time to try to sell the house at a decent price.
Good Luck. |
|
MissMystery17
|
i could help you. I have a website where i could list your house for you (since i am a member i can list stuff for free but if you listed it they would charge you $500) But i could list it for you for free and the website is where rich people go to buy property and invest in it. So just send me an e-mail and i'll help you out.
~Welcome. |
|
Unholy Warrior
 |
you can try to rent it out, or get roommates. you wont be able to sell the house for the same price you bought because the market has slowed down. your credit will indeed be affected it comes to a fore closer. |
|
Bob D
|
Try a short sale. Call your mortgage company and see if they will try that. Phoenix has the same problem and I have alot of friends in similar situations. |
|
breakfast of champions
 |
Refinance. Keep the money in a seperate account to help suppliment the payments. Hopefully you have enough equity to tide you over for a few years untill the market starts to rise again. You may also get a better rate and lower your payment... just depends on your credit. good luck. |
|
doc
|
Thats really too bad, I would just let it foreclose or check into bankruptcy, I think you may be able to sell also, that is an option, if you are concerned about keeping your credit intact. |
|
Vizzini
|
Rent out some rooms
Turn it into a Bed and Breakfast
Turn it into a brothel
Hold an essay contest: Topic..Why I need a home. Each entry cost $500. Get 2,000 entries..you keep the money and the winner gets the house.
Burn it down and collect the insurance |
|
mikedrazehero
|
you just have to sell it, even at a loss
if you can't sell it then you're boned
seeing you're in vegas it should be easy to sell
if you can't sell it, see if you can rent it out
if you can't rent it out
see if you can rent out everyroom in your house month by month, that way at least you'll get some money to help you pay the bill |
|
| |
|
Homepage 
Financial
Forum 
Renting & Real Estate 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
