Should I sell my house?
962158
You may want to consider a combination of refinance to payoff the debts and a room mate to cushion the load.\n\nHere is some additional info. Hope this helps.
891816
Hello, in the past two years you don't think the value of your current property has risen $15K?  If not then you should certainly wait.  Purchasing a new home right now also has its downside as their value may still be increasing but not as it was a few years back.  So I would sit tight for a bit and build more equity before you make any rash decisions.  You should never owe money out of pocket on your home when you sell it!!!
835823
The sellers will have to accept the contingency. If the market where you live is booming, they may agree. But to help your chances make an offer at or above the asking price. Just remember that the house is still available for other potential buyers to see and make offers on. So you need to move quickly.
1140204
depends on your lifestyle, you like to move around, rent , if you are looking for something set then make the jump on something while the market is down then renovate and sell. or stay which ever. apprasials are going up for taxes, that is something to think about talk to a realitor, but they get about 6% of sale price and dont think about owner finance its not good for that. good luck
1133265
if your house is worth more than what you owe, the money store should allow you time to sell the house and keep any profit after what is owed. sell the house to a friend as liens follow the property not the original holder and the money store will most likely offer a lesser amount to the new lien holder. (prob. amount owed minus interest.)
1033854
First I would call your mortgage lender and explain your situation and work out a repayment schedule. They rather have you pay your loan than having to foreclose. Since you are back at work I assume you will have enough income to pay them at least something.\n\nIf you have some equity in your house I'm sure you can sell for a lower price than it's worth. There are always real estate investors looking for deals. You give up equity and they get a house they can sell for more, you avoid foreclosure. But again first talk your lender.
138462
Lots to consider, what is the appreciation in the community that you are living? What does it look like for the next five years? With home ownership your interest is a deduction from your ordinary income? What is your present rent? Over 5 years.?\n\nWhat are present market value of the sold homes?\n\nGenerally home ownership is the way to go.\n\nGood Luck
952012
I would file 13 and sell it later.  It is a bad time to sell right now.\n\nCoach
172375
It's a good idea if you do some of the "heavy lifting" yourself.  You need to get an appraisal of your house so that you price it right.  You need to prepare a listing sheet so that you can show the prospective buyers all the features of your house.  Order a survey in advance.  You'll need to to establish no encroachments as well as your exact boundaries.  You'll want a form of contract available so that prospective buyers can sign something.  Your lawyer could serve as escrowee for the earnest money and probably act as or arrange for a closing agent.  You'll need to screen out brokers fishing for a listing as well as people who are not really interested in buying.\n\nNot to discourage you but brokers do have a legitimate function.  Whether that function is worth 5-6% of your sales price, especially in this era of very high real estate values, is another question.
1131571
Go for it!\n\nOr even better, sell his stuff to pay the rent!
227921
You can do it.....but be VERY CAREFUL!!  There are loads of pits to fall into when selling a home especially these days where people are just looking for excuses to sue someone.  It is also a very dangerous venture to be "showing" your home to complete strangers.....real estate agents generally know who they are bringing into the homes they show.  BUT the answer to your question....there are websites that will give your suggestions, and your local library or book store has many books that can lead you through the process.  Good Luck, but be SAFE!!!!
1167629
your best bet is to check with the realtor you plan on listing the property with. \n\nclosets are very important nowadays, moreso than in the past.\n\nas long as you have ample closet space, you should be fine. but, if there are say, NO closets, you should consider adding some or coming up with some alternative. \n\nthey don't necessarily have to be WALK-IN closets, but just average size for that house, room, etc.
871977
Unless your buyers believe in "Feng Shui".Since you have mention that your house is in beautifully conditioned,don't worry about others which are also for sales,must have confident in your house,unless you are selling way above market price.Buyers will pay your price,if they feel your house worth it.\n\nJust don't show that you are desperately looking for a buyer.
1152737
Maybe knowing that you're in good company will make you feel a little better.....My house has been on the market for just under a year.  We've dropped the house by 15% (about 110K) and still no activity (for a beautiful house.)  It's just a BAD market right now.  By the way, I tried the statue of St. Joseph (didn't work for me.)  Also tried the "sell your house" prayer - nothing yet.  I sincerely wish you good luck and if you find out the secret to success, PLEASE send it to me!
316920
Sounds good to me. Start talking to a bank or a reputable mortgage broker. Let them tell you how much they will finance and put down as little as possible. Keep looking for a house. Remember location is very important. Keep an eye on the neighborhood you are looking for a house and see how long it takes for a house to be sold. Also find out from a Realtor, how much the house price has gone up since last year on average. When people look at the house, they estimate the fair value based on square footage. In that sense, fixer-upper with larger square footage than typical neighbor houses would be a good one. Cul-de-sac is also  nice. Avoid houses on busy street. \n\nKitchen and bathroom remodeling is a must. A hard wood floor in even one room make it an upgrade. Estimate the material cost and add it to the house cost. That what you need to sell the house for to get the money back. Extra will be your profit. See if that's a reasonable expectation. Also don't forget, when you sell the house let's say in a year or two, you need to pay 6 % (more or less) to a Realtor unless you sell without one (which may be difficult). So, you need to add that to your cost, too. Good Luck.
808280
My house has been on the market in Michigan for 1 1/2 yrs. I don't anticipate it selling any time soon as the market in this area is very slow right now. We just dropped the price $10,000 (it was already priced below appraisal) and still no nibbles. The only offers we have had were between 40,000 and 50,000 below the asking price (even after the price drop). Even at what we are asking now it is more than a bargain (it's a newer build on 10 acres). I am trying to talk my ex into letting me list it myself (it was written into the separation agreement that a certain realtor had to list it) so that I can drop the price another couple of thousand but still walk away without owing money on it.
594827
It won't mean much for me, except maybe lower property taxes.  As long as you're not planning on selling, it's kind of like a drop in the stock market.  The price doesn't matter until you sell.\n\nTami T - I would be concerned about a 15% drop, unless you had a big down payment.  You could end up upside-down on your mortgage and if you HAD to sell (lay-off, relocation), you would end up still owing the bank for a house you don't own anymore.  And I'm sure they'll want that at closing.