Sunday, June 20, 2010

Open Question: Do I lease/rent out a house in another state not selling?

I hit a spare bag in added state(1800 miles away) that is not selling. It is a 400k (present mart value) bag with most 100K equity. The mart is not bad there but averages 4-6 months on the mart to sell. It has been on mart since Feb 2010 with a pre-approved vendee that lapse finished after three months. I hit not considered or researched some set advantages or disadvantages. I am presently leasing a bag at my newborn location. The mortgage, taxes, shelter module be depleting fund and 401K statement eventually. At what point do I consider leasing/renting discover versus ownership spare and acquirable for sale. Are there some another options to derogate business impact?Other Article:

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