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Hi Malcolm,
I owned two homes for a while. I had a primary home, and a second home being the condo. I sold my primary residence a five years ago, and moved in with my husband into his home, and I am not on title. Thus the only property I own is the one that was technically purchased as a second home. I am just over 30 days late on the mortgage.
is it rented out?
if so, what is your rental income vs. your PITI?
Tina Smith said:Hi Malcolm,
I owned two homes for a while. I had a primary home, and a second home being the condo. I sold my primary residence a five years ago, and moved in with my husband into his home, and I am not on title. Thus the only property I own is the one that was technically purchased as a second home. I am just over 30 days late on the mortgage.
Thank you Kimberly. Another unit in the complex of like size and layout, but nicely upgraded, is listed for $299K. Mine is at $272K. I thought that buyers know they can offer whatever they want, and that hasn't worked, so I will ask the Realtor to lower the price.
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