Forum Discussion
Larryzv7
Feb 04, 2014Explorer
namtrag wrote:
The rental market here is such that, currently, I could rent the house perhaps for $250 less than my payment. But more likely it would be $350 less than my payment.
Sounds like you have a rather high mortgage. I say this because rents are usually much more than a monthly mortgage, and I bought my mortgage payment down by refinancing several years ago.
Anyway, good luck in your journey. There are always options; although sometimes the options are not desirable, nonetheless, usually more than one option often exists. Seeing all of the options is another story.
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