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Updated 12 days ago on . Most recent reply

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Mahmudul Shoikot
2
Votes |
7
Posts

Solution for not being able to pay mortgage and very low selling price.

Mahmudul Shoikot
Posted

I have house thats on rent in Fortworth and living in other state. I could never get good tenant or sometimes no tenant for months even after having the property management company.   Most of the times, I am having to pay my own rent where I am leaving and even cover the mortgage of the house. My job and situation is changed now and can no longer pay the mortgage. The price of my house has significatnly reduced also.I bought house in 320k and Redfin/Zillow shows 250-270k whereas I still owe 285k. So, I cannot even get good price while selling. I am not even looking for profit anymore just that I wont owe any money and wont affect my credit.  Please give me the solution in for my situation or place where I could contact.

Thank you in advance and really appreciate your help.

Most Popular Reply

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10,037
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Drew Sygit
#2 All Forums Contributor
  • Property Manager
  • Royal Oak, MI
6,879
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10,037
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Drew Sygit
#2 All Forums Contributor
  • Property Manager
  • Royal Oak, MI
Replied

@Mahmudul Shoikot recommend sharing the address here, so we can all comment on the ad and rental comparables...

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Logical Property Management
4.9 stars
152 Reviews

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