An offer has been made for $10,000 less than what I bought my house for. In the Michigan economy, this is not suprising. If I take it, I will break even on what I owe, but have to pay the realtor fee and transfer tax. This leaves me with having to take a check to closing, but also the possibility of having to take out a separate loan to cover the difference. What sort of loan can help me do this, or should I hold on in anticipation that I can put more equity into the house. I'm not anticipating that the home will go up in value, but I am hoping that it will at least stay the same in three years.
2007-01-24
15:08:21
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11 answers
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asked by
Tr0nik
2