I Finally Might Sell My House I Haven't Lived In for 5 Months... | TigerDroppings.com
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white perch
Northwestern St. Fan
the bright, happy side of hell
Member since Apr 2012
3762 posts
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re: I Finally Might Sell My House I Haven't Lived In for 5 Months...

quote:

why not just rent it out?


Because I now live 700 miles away and I know nothing about real estate or renting/leasing. I just want to be out from underneath this house, so I will sell it for a loss and move on with my life.

Frick the housing bubble.


WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: I Finally Might Sell My House I Haven't Lived In for 5 Months...
quote:

Because I now live 700 miles away and I know nothing about real estate or renting/leasing.


You could have hired a property manager for 10% of the rent to take care of everything for you.

Of course, the benefits of doing that depend on what you could rent it out for vs. what you are paying in principle, insurance and taxes.

Might have been better than taking a $25,000 haircut though


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