You should contact an attorney. If you do toss his "stuff" you could be violating some law so be sure you have the law on your side. It may be better to put it in storage or ask a friend to come and get it for him. Before you do something rash contact a lawyer.... more
your options are to do a 203k loan or a USDA Rural development loan. the 203k is a rehab loan that will let you roll in the money for renovations into the mortgage. These renovations can be done after the closing.
The USDA RD program also offers options to roll in closing costs and rehab - but depending on who you go through, you may have to put up 50% of the renovations into escrow. Check with your mortgage lender for the details.... more
If your tenant is able to do it, you may offer them the home. If they were able to afford your mortgage on it you may be able to owner finance it to them until they can afford their own mortgage.... more
Like Charlene mentioned, a 203K is the loan you want. If you only want $30K, you might be able to go with a 203K Streamline Loan. It lets you fix up a place cosmetically, but not add a wing to a home. It seems the big banks are the only ones that offer them. I have called around to the local banks, even some larger ones in Maine, and they have never head of a 203K. It's a little bit of work, but totally worth it in the end.... more