What To Do with Boston-Area House

Posted by Mark Minervino on February 13, 2003 at 00:04:28:

I've moved with my job and bought a new house in North Carolina. Meanwhile, my house in Scituate, Mass., has been on the market for more than five months. It's the lowest-priced house in the town, but I still can't move it (being far away, I can't push the process). I cannot affort to pay two mortgages anymore, and am becoming desperate. I don't want to rent it out, as it will be ruined, and Mass. laws always favor the renter, never the landlord. The house appraised for $300,000.00, and I owe $230,000.00. Any suggestions?

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• 2 Houses in Mass (url) - Trinity Consulting 02:02:58 02/15/03 (0)

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: I've moved with my job and bought a new house in North Carolina.  Meanwhile, my house in Scituate, Mass., has been on the market for more than five months.  It's the lowest-priced house in the town, but I still can't move it (being far away, I can't push the process).  I cannot affort to pay two mortgages anymore, and am becoming desperate.  I don't want to rent it out, as it will be ruined, and Mass. laws always favor the renter, never the landlord.  The house appraised for $300,000.00, and I owe $230,000.00.  Any suggestions? 


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