I live in Colorado live in a nice area, I own a home I owe $220k comps in the 240’s I am one payment behind, employer just closed up shop and I have no reserves. truth is I want out of here anyway, but I have no money to do so. Homes here seem to be sitting forever, I can’t just sell for 220 because I need money to move on. I came here because this is an investors forum, and I know investors can be very creative.
Thanx in advance
BTW if it matters I’m looking for 7-10k for moving expenses
I am not a pro, but if you can get 220 for it, take it. Better than having no house, and bad credit. Better still figure out a way to pay your mortgage, and just resolve yourself to wait it out for 5 years. If money is tight, that’s probably your best option.