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Updated about 1 year ago on . Most recent reply

User Stats

19
Posts
2
Votes
Eric Edling
2
Votes |
19
Posts

Sell an option on my home.

Eric Edling
Posted

My mortgage is 2500 I owe 389,990 on my home at 4918 97th ave ct w university place.

Current value is atleast 800,000.

My credit is terrible. Had a few issue during Covid and almost 5 years ago I filed bankruptcy and my ex got a camping trailer repossessed but liability to it was removed during the bankruptcy but the credit union sold the debt and some how managed to get it on my credit I am working to get it off. Other then that I have no credit card debt and just student loan debt. My mortgage is now current and i recently started a new job but I won’t start making good money for another 60 days. I have a very nice 2017 Yukon Denali that I just got out of the shop but it took my insurance company a year to fix it and it’s still not done and it’s been a massive financial burden but I owe only 4,000 on it. I’d like to finish getting it fixed and sell it but I’m the mean time I have small bills piling up and I would love to relieve this stress and get access to a small amount of my home equity like 10,000. If anyone would be interested in buying the option and giving me 1-2 years before excercising it and a price that I can buy it back at and repay the debt plus interest. Let me know if you have any other ideas.

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