I own a house, my son lives in, I rent nearer to my job. I want to sell him my house, his credit is fair. I have owned the house since 1985, refianced in 1995. Pay off is about 40,000.00. I want to get as much as possible for the house without putting them in a bind. 'The house needs some work, maybe about 8000.00. for a new ac and flooring and outside boards. Should I fix it up first to get a higher appraisal, sell it cheaper and let him get full loan and fix it himself? What should I do? I want to buy closer to work and need the equity and to get this out of my name.
What are my best options for selling my house?
keep it on the market as long as you can
What are my best options for selling my house?
I would sell it cheaper and have him fix it up if he is willing :) less of a hassle on you
What are my best options for selling my house?
Why don't you discuss it with your son and the both of you do that which is agreed upon.
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