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ESTAPLACE.COM REAL ESTATE - FREE LISTING SERVICE -
is an accommodation and real estate directory, where real estate property owners or real estate agencies connect with vacationers and home buyers worldwide. If you are a seller, you can add listings in few seconds, and if you are a buyer you can search listings to find your dream property!
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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 25 Apr 2005 06:22:44 -0700
/ Author of the message: "jinto34" |
Title of the message: |
I can't rent it out and I can't sell it.
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Text of the message: |
My problem: Bought a rental property by borrowing $10000 from my current home. Put $6000 towards the purchase and the rest against the property. Got two loans against the rental for the rest. Hate being a landlord, yup screwed up... I have a property management company trying to rent it out, nothing happening. If I rented it out now for what Iam asking I'd still be losing 100 or 2 a month on it So I've been trying to sell it for a year, can't get rid of it. I can liquidate my stocks, 401K etc and probably get rid of it and start at zero. I live in CO, simply put should I let the bank take it back (my credit is important to me, but not as important as keeping the house I live in), lower the rent even more and losing 2-300 a month or should I liquidate and HOPE I can sell it quickly. . |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.