Habitat for Hermanity: Your Real Estate Infotainment...Where Housing Hilarity Ensues! San Francisco Bay Area Realtor Herman Chan

Ask a Real Estate Expert: We do not need our house & can not afford it. What to do?

3/8/2011

I hope you enjoyed my video response last week for LogoOnline / 365gay.com. We are alternating between video and written response. This week will be written.

Read my latest real estate Q&A for Ask an Expert Column.

Ari and his partner bought a house during school. With graduation around the corner, one of them may get a job relocation and another may go to law school. What should they do with their house? Rent it? Sell it?

3 Comments

Ken B

3/8/2011 04:34:47 am

Read the article. Wow, excellent answers and options. And,....you were so nice about two kids buying a home that they could not even begin to make the monthly payments without multiple tenants. I love how you direct them to some excellent ...options and spell out the negative costs if they don't. Good For You! Awesome.

I think many young families and younger people got into the same boat because they could get an easy loan. But, my gawd! Someone loaned money to college students to buy a home that they in no way could actually afford to make the monthly payments. What in the world!!! See More
28 minute

Philadelphia Real Estate link

5/3/2012 10:04:16 pm

Nice information about the real estate that you are sharing in the blog with everyone. This is a good investment venture especially for people who are aware of their financial statements.

JFeinman

3/8/2011 08:19:42 am

Great job with the advice Herman. I couldn't have said it better myself (but the same :) )

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Ask a Real Estate Expert: We do not need our house & can not afford it. What to do?

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