Good Morning All,
I know you may think - not another should I sell post. But I really need advice as I am going through a divorce that is rather contentious (not my choice).
We purchased our home in FL last July with a VA rate at 2.8%. I did not want the home but for reasons I will leave out, we bought the home anyways. My spouse decided to divorce me 2.5 months ago so we are just starting the process and I wanted to list the house asap. Well, my spouse decided they would like to drag their feet on signing the listing paperwork and are coming up with every excuse possible, including my listing price being too low. I priced the house aggressively to get it sold but not to take a loss. With them dragging their feet now for over a month, I am growing increasingly concerned that the house will go from minimal profit to a loss especially with rates going up again in Nov.
I have no interest in being a landlord but is it worth it to try and find a renter to ride out whatever is going on in the market or should I continue to try to sell, if even for a small loss? I was going to market the home as assumable in hopes of getting a slightly higher price but don't want that amount up for grabs in my divorce seeing as it would lock up my VA loan unless another veteran bought it.
Any thoughts or advice is appreciated.
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source https://www.reddit.com/r/RealEstate/comments/yc6g1z/requesting_advice_fl_home/
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