Sidney: Could you possibly delay selling the house till the market turns around? We have a friend in Gainesville, Fla. who had his house listed for a year, changed realtors, lowered the price, staged, and on and on.... Still no sale, but decided to rent it for a year. He had a lease in two months for a year with an option to buy from great renters. His market is still in the doldrums, but he's paying his mortgage every month from the rental income, and waiting for a good market to return. If you can wait, it 's your best bet.
Give it to a realtor to find a renter and who will manage the property for you since you are no longer in town. - Wed Jul 1 2009, 14:06