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Old 08-17-2018, 09:30 AM
 
Location: Chicago
880 posts, read 531,965 times
Reputation: 1754

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I own a larger home that has been a rental for the past 8 years, i had it built new 11 years ago and its only just recovered enough to sell, unfortunately the contract for purchase on the property fell through and now we are into a new school year and theres zero activity. I have just dropped a lot of money into the house to prepare for sale so im reluctant to let another family abuse it. I also own and live in a condo, the condo is a lot smaller and and pretty much maintenance free. I would consider renting out the condo and living in the house except my HOA does not allow for rentals. I cannot afford to keep one place empty.

I bought the condo after my divorce 8 months ago, I wanted a place that was zero maintenance and allowed me the freedom to travel more (mortgage payment is 1/3 what the house is). So im reluctant to sell it even though I know it will sell pretty fast. If i could figure out a way to work around my HOA and rent it out temporarily i would. What would you do in this situation?
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Old 08-17-2018, 09:56 AM
 
13,395 posts, read 13,507,892 times
Reputation: 35712
The original plan. Sell the house. Get a better realtor, get a professional cleaner and house stager. Have professional photos taken and do a mailing. Bottom line is do whatever it takes to sell the house.
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Old 08-17-2018, 05:58 PM
 
Location: under the beautiful Carolina blue
22,669 posts, read 36,798,199 times
Reputation: 19886
Sell the house. People do move within the school year. Including people with no kids or kids that aren't school age.
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