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November 23rd, 2009, 02:25 PM
Chelnae6 Chelnae6 is offline
Platinum Supermommy
Join Date: Dec 2008
Location: VA
Posts: 9,301
1) Whats his occupation?

2) Do you think that you guys could rent it out and get what you pay mortgage for on it?

3) They have FSBO websites (some for a small fee) that you can list the house on. And you might want to also try an open house (listing it in the local newspaper) as opposed to just craigslist. (FSBO Homes For Sale By Owner | Real Estate Listings For Sale By Owner at FSBO.com)

4) Have you guys thought about short sale? Its not as bad as a foreclosure and you can be sure to get a house within the next year or two. A short sale with a promissory note is better b/c you wont be quite settling, you just sell the house for what its worth and then sign a promissory note to the loan company to make monthly payments on the remainder of the loan. That doesnt affect your credit like if you were to short sale it for less. Your loan company can probably assist you in doing one (it might cost a few thousand though but im not sure if you go through your loan company, like maybe $2000).

5) He could probably look into asking for a relocation package that would 1. help you move and 2. could potentially help you guys get a listing agent

Baby father has a real estate license so thats why I know a little bit about these things lol
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