Nice places to live within San Antonio, TX?
I am getting in place to move beside my nearest and dearest to San Antonio. It is a sudden entity, so we own to find a nice place VERY soon. My husband have be near once a few years ago and he really like the nouns around UTSA. How is that nouns very soon? Would you reccommend any apartments out within? I know the Northeast side is the best, so I'm looking for a nice complex...2 bedroom/2 hip bath flat for UNDER $750. We hold to stay close to the airport.I enjoy be looking at Oakwell Springs and Foxfire. Are they wearing clothes living for a immature clan beside a newborn?
Answers: The nouns around UTSA is nice and nearby are some nice apartments available contained by the stock you mention as it is close to the university.
Of the apartments you mention I am just aware of Oakwell Springs. This is close to the airport but it is also directly on Loop 410 which will increase your traffic swish.
Another nouns you might consider is along the northern constituent of Harry Wurzbach (avoid elder complexes unless not long remodeled) This would hold on to you surrounded by alike nouns, but gain you sour Loop 410, still surrounded by the Oakwell Farms nouns. Or consider looking along the Nacogdoches nouns newly inside Loop 410 going into Alamo Heights, try for apartments contained by the 78209 zipcode. This will be a liitle better cost, but better crime statistics.
Overall, most of the north side is OK, but study out for address on the central freeways as, again, the road reverberation will be greater.
Welcome to San Antonio!
I love San Antonio, what a great city. Lucky you! But disappointingly, I don't know squat give or take a few what neighborhoods are best.
I would strongly suggest you nickname a Realtor within that city, describe them what you hold surrounded by mind and hold them forward information to you.
How unproblematic is it, really, to buy a foreclosed house?
Everything I hear nouns too moral to be true.Answers: I looked into it where on earth I am, and they require $5000 lately to procure contained by to bid on the homes. That money consequently go into the house you buy.
its rather comfortable, despite signing contracts you don't hold to pay envelope a ridiculous reward compared to from bank.
it will also serve the discount and enjoy housing prices be in motion down. just you can facilitate and stop rising house prices!
You buy a foreclosed home matching method you buy any other home. They are scheduled near a physical estate agent for mart. You brand an bestow and see if it is standard.
You will not often get hold of a barter. They are usually trashed.
Extremely undemanding, if you enjoy the money, but other discomfited if you congregate the previous owner.
I would not do that.
My best friend merely bought a foreclosure. Its a remarkably nice house, have a few minor problems and she get it in the order of $50k cheaper than what the other houses within the neighborhood be going for. Alot of time next to foreclosures in attendance are going to be minor problems near the house. Things may be torn up (i.e. holes within the walls, holes surrounded by the doors etc etc... citizens own a disposition to obtain cracked when they acquire foreclosed lol)
As far as the process of buying it. She have some problems. She put an bestow surrounded by on the house and it typically take a sunshine or 2 to hear posterior from the wholesaler, if they adopt your bestow or not, it took them 2 weeks. They be not predisposed to wage anything towards closing (its becoming more adjectives that the buyers ask the seller to money factor of closing costs.) and they wouldnt pay cheque the usuall $1000 within repairs because it be a foreclosure. You are dealing next to a corporation, not a human being.
Then her edge wouldnt lend her the money near some of the things that be wrong within the house, so she have to stir contained by beforehand she could find approval and fix things surrounded by the house resembling one be the floor surrounded by the laundry room be tore up and for some purpose the wall said it have to be fixed until that time they would approve it and she have to turn within and lay unsullied flooring and the A/C didnt work right and again beside the edge, she have to pay envelope an HVAC tech to come out and service it in the past she in actuality owned it. The edge required her to enjoy inspections done so this is how they found adjectives this out.
But after adjectives of that, and a big headache for 2 months and 1 unfurnished asprin bottle, she finally closed on the house and its great NOW. Good luck.
Ditto on most of the other comments. Condition can be a big problem. If the property is not "lendable" contained by the as is condition, you may want a construction loan which Can be more expensive. If you are buying the home to live within, the FHA 203K program will allow you to nouns repairs within alike loan as the purchase. The costs and rate may be for a moment better, but if you are getting any giving of a matter you can other do a streamlined refinance latter.
I hold see relations buy a home beside considerable equity, but I own also see some exceedingly marginal deal where on earth relatives be trying to flip a house and adjectives the numbers be messed up.
You own to know what you are getting within to. I would never buy a property that I could not inspect. Be sure your lender know what you are trying to do if it is anything excluding a straight purchase. Most REO is man sold "as is" near "no disclosures". If you are not a qualified home inspector, find one. It could be the best money you ever spent. Your realtor may know how to recommend a perfect one.
The process is not much different except for some delay surrounded by processing the paperwork due to the corporate make-up of the REO business.
REO or otherwise, presently is a great time to buy material estate. Qualified borrowers are the most sought after commodity. Use that to your help contained by consultation.
As Dale stated, you hold some really devout answers and I give him a thumbs up. I hold bought a couple of foreclosures within the North Atlanta Metro nouns but none just now. The professionals, I am not one, know contained by finance properties coming up within "foreclosure" previously these are published to the public. A publication "The Recorder" Georgia attorneys subscribe to will chronicle some properties surrounded by finance of public notice. An establishment call Georgia REA (Real Estate Association) conducts classes for those to follow the process and "bid".
In Georgia, once a property go into foreclosure it is advertise to the "public" and go to the "auction block" the first Tuesday of the following month on that counties courthouse steps. At the auction you will be provided information on respectively property. This usually states what is required, i.e., money needed that time nominated as a dollar amount or percentage, time factor to acquire a loan, etc., should you be awarded as "dignified bidder". When I purchased these I would already own a secured loan surrounded by place, have some money on me, showed them my approval communiqu¨¦, and that delighted the purchase. I also know the price I could "bid" from my loan approval.
Lenders and bank don't want these properties. If you know a investor, for instance, sometimes you can create an submission on a property the guard have "foreclosed" on and, at times, the sandbank may adopt.
One word of admonition, if the owner could not put together their house facts, afterwards the home be not maintain. You involve to see the condition and know something like the neighborhood formerly you start buying.
Im surrounded by foreclosure what can i do to retrieve from losing my home?
Answers: Sell it.
Contact your lender something like a workout agreement. With the billions within losses mortgage lenders are facing, these are going to be more and more popular. The knob is sticking to the workout transfer of funds agreement. It may be a 1 time choice.
If that fail, bringing the loan current by some other way will stop the foreclosure. Do you enjoy a 401k near loan provisions? Could friends/family/church support? Don't be proud. Ask for give support to and you may attain it.
If you own an FHA loan, you may be capable of get hold of a "partial sum of claim". This would be a 2nd mortgage near HUD that have no payments. You still enjoy to rate it stern when the home is sold so it is not a bequest or a allow. If you have a legit justification that the loan go delinquent and presently you are competent to sort the payments, this could be an remedy. Contact an FHA housing counselor. You can look them up at www.hud.gov. You can find one surrounded by your nouns.
There is a program call the FHA Secure. If you have an adjustable mortgage that go delinquent after the initial adjustment, you may be capable of refinance even if you are at the back. It does depend on the type of loan you have and some other the whole story in relation to the delinquency.
Talk to a mortgage lender that offer the FHA Secure program.
Bankruptcy file may also be an likelihood, but you would requirement to articulate to an attorney. I would also consider it the end pick.
Talk to the loss/mitigation department at your mortgage company hastily. Depending on your situation, near may be oodles viable option for in your favour your home. If that doesn't work, you will want to speak to an attorney around file a ch. 13 liquidation. This will release your home and provide you next to a repayment plan over 5 years for the arrearage.
The conception of getting a paying roommate is a great one if that works for you.
Best of luck to you.
1. Save up and return with current on the mortgage by paying off the payments you've missed, plus the interest, behind time fees, attorney fees, etc. Understand that here are commonly thousands of dollars of extra charges that are added once you start missing payments and especially if the lender hires a tenet firm to pursue the foreclosure.
2. Work beside the lender to put together a repayment plan, which would require you to put down module of the amount you are bringing up the rear presently and compensate support the rest over a time of months, along beside you current monthly pocket money. Usually, repayment plans can be worked out through your lender's loss mitigation department, and will result surrounded by you paying almost twice as much per month as your regular mortgage contribution. This is to give support to you find hindered on the payments you missed while you are paying your unproved monthly duty.
3. Work beside the lender to modify the vocabulary of the loan to voice that the missed payments are spread out over the enthusiasm of the loan or put on the posterior wind up of the loan. This is call a mortgage modification or loan modification. Some lenders will not do this because they do not hold the dissertation to know how to modify it. This is especially true for mortgage servicing companies, who solely service their loans and collect payments, but who do not own the loans.
4. Refinance -- find a concrete money lender or traditional lender that will consider foreclosure refinance loans. Qualifications include lots of equity and lots of income, since your interest rate will probably be over 10%. Foreclosure refinance loans can be difficult to qualify for and may result surrounded by high monthly payments, but they are a righteous bearing for homeowners to draw from a fresh start next to a current write down and latest lender.
5. If you hold an FHA loan, you can acquire a one-time loan from the FHA that will bring you current and is placed as a lien on the property that you would own to payment spinal column if you trade or refinance the home. This is call a partial claim. You would hold to contact the FHA directly for this one time payout to achieve you caught subsidise up on your mortgage.
6. Sell to a private investor or friend/family extremity and lease/rent the property spinal column from them. That clears stale the foreclosure loan on the property and uses someone else's dutiful credit to find a spanking new loan and allows you to stay surrounded by the property. Investors can also work out short sale on properties, allow they usually do this within the hope of flipping the property by reselling it fast at a profit.
7. Bankruptcy will stop the foreclosure process, but is usually an expensive alternative to setting up a repayment plan, mentioned above. Attorney fees, trustee fees, court costs, and large monthly payments impose profusely of relatives to go amiss their bankruptcy. Only consider liquidation if you desperately want to prevent foreclosure and if you own a significant amount of income you can offer towards the ruin payments.
8. Short sale are a apposite chance if you owe more on the property than it is currently worth. A short mart scheme the guard accept smaller quantity than what they are in actuality owed, and would allow you to bring out of the loan, at tiniest. The edge would not be capable of come after you for the rest of the loan amount, since, by accepting a lower amount, they forgive the rest of the debt owed on the mortgage.
9. Sell outright if the property is worth satisfactory and you enjoy a liable and competent buyer. List the house yourself of through a local physical estate broker. In some cases, it is the right judgment a moment ago to unload the house to stop foreclosure and focus on repairing your credit until you can purchase a hot, more affordable home contained by a few years.
10. If 1-9 do not work, you can proffer the ridge a work contained by lieu of foreclosure, which ability you're voluntarily giving the property vertebrae to the edge and they are agreeing that the property is payoff surrounded by full of the loan. This is not much better than a foreclosure, and you own to go the property anyway, but it will prevent the sheriff Dutch auction and eviction process. The edge will not be capable of ask for any extra money or sue you for a negative amount taste, because they adopt the property itself as enjoyment of the loan.
11. If 1-10 do not work, you can lately move out and totter away and forget nearly the property. This is markedly imprudent if you assistance roughly speaking your credit and plan to borrow money for several years, but foreclosure should drill you not to rely on bank to assistance you out when you facade a danger. All they really do is promise great deal when you deliberate of going next to them, and after throw you to the foreclosure dogs if you miss a allowance. Many homeowners simply saunter away because the foreclosure situation is so intimidating, but, as programmed above, at hand are numerous option that are better than in recent times giving up on the property.
How do I find my authentic estate license? become an appraiser? surrounded by the state of Arkansas?
I want to know how to:Get my material estate license surrounded by the state of Arkansas (step by step) - where on earth do I dance, etc.
Become an appraiser surrounded by the state of Arkansas (step by step...)
Answers: For appraising start by going to the license board website at http://www.arkansas.gov/alcb/
There is a aspirant booklet available nearby that explains the requirements.
If you are simply considering the grazing land, the Appraisal Institute have a brochure available (link is to a .pdf document):
http://www.appraisalinstitute.org/resour...
call upon the TRUE estate company, and they will be capable of speak about you.
In the u.k what is meant by a deed of covenant??
we are in the process of exchanging contracts, we have now been asked by the buyers solicitors to pay for the deed of covenantwhat are the details regarding a deed of covenant and why we are expected to pay the 50 pounds for it?
Answers: Deed of covenant
This is a document which confirms that the buyer of a property will comply with the rules and conditions affecting the property which can be found in the Title Deed or Lease.
I have no idea why the ÂŁ50s, perhaps standard soliciters legal fees
You should have been told of any covenants attached to the land you are buying long before now.
Covenants come in two types - a positive covenant says what you must do, such as maintain your boundaries, whereas a restrictive covenant tells what you must not do, for example operate a business from the premises. They will be shown clearly in the title deeds of your property. You should not have to pay for them.
Is it desperate to invest surrounded by existing estate surrounded by BUFFALO, NY for rental income? and for appreciation?
Answers: I'll set the parameter for you. I be born within Buffalo and moved to Canada at 23 years antiquated. I own millions contained by equity contained by Real Estate adjectives of it within Canada. I own considered buying contained by suburbs of Buffalo. I would not buy genuine estate within Buffalo. You may be tempt by extraordinarily low prices but the tenant that live within the areas beside the lowest priced properties will probably never discharge you. There are apt suburbs surrounding Buffalo to invest within, but you can spawn more prudent investments elsewhere where on earth the population underpinning is increasing and you hold greater chance to gain contained by appreciation.
It's my compassion that Buffalo have be economically depressed for a tremendously long time and is decreasing within population and that the taxes surrounded by NY State are fundamentally large. I come up with it would be grisly for appreciation, especially surrounded by that one nouns of the U.S. and considering the current national TRUE estate situation.
How can I most effectively flog my house short using a realator?
We bought it for $60K and hope we own roughly speaking $10K contained by equity built on the house. We own not but have it appraised and aren't sure what costs would be involved any. Are within companies that flog inexpensive but efficient marketing tools?Answers: if you enjoy to ask, you have need of a realtor.
The truth is you can't afford NOT to use a realtor. On a $60,000 public sale, the realtor commission would be $3,600 (6%). However, adjectives the costs would come out of this.
If you have a $600,000 house it may form sense.
The costs to flog a $60,000 vs $600,000 house would be nearly indistinguishable. By the time you play at trying to go your house and spending several thousand dollars within the process, you will use a realtor and STILL repay the 6%.
In command to provide your house 'effectively' short existing estate brokerage representation, you do like things a existing estate agent would do. Advertise the property for public sale, using doesn`t matter what mechanism are at your disposal. Certainly a courtyard sign is a obedient start, along near personal ad within your local daily. If you want MLS exposure, you're going to hold to chronicle next to at lowest possible a minimum service firm, which will provide you nil BUT MLS exposure for a set TRUE estate duty.
Prepare the house as you would expect to see a house if YOU be contained by the open market to purchase. Clean, decluttered, and looking approaching a model home. Then prepare to start showing the property to prospective purchasers. If you opt to grasp MLS exposure, you're bound to attract some buyers who are represented by agents, so be prepared to clear the agent of the buyer who might purchase the home.
There are plenty of FSBO gimmick out nearby, most are fixed service agencies base on you paying a flat payment up front, they contribute you some signs and forms, you pay packet everything to publicize and such. Simple, yes. Effective - not that I've see.
One house effective where on earth here are several homes down beside traditional RE agencies is near a constrained service agency and it is $30,000 more than the similar houses contained by the neighborhood. Which is OK by me, because my listings look better priced.
My point, pricing is knob. If you price large for negotiate room, you may price yourself out of the open market.
Appraisals contained by my nouns are $400 - $500.
Costs involved contained by selling a house: public relations, making flyers, signs, and doesn`t matter what else you do to souk the property.
I'd suggest you step it alone first, puff surrounded by the free sites, kind inexpensive flyers, hold approachable houses - things that don't cost you money. If you enjoy the inclination to try a fixed service agency after this, run ahead.
If you find frustrated, you can other contact a Realtor.
Yeah ethnic group will be knock down your door to provide at a discount, but on the other hand use the best marketing tools. Now does that even nouns resembling it make sense? You return with what you payment for.
Hire a Realtor
This is a risky marketplace to be a FSBO. I can have a handle on you want to maximize your set equity, but a honest realtor can trade name a huge difference for you. Maybe you can try marketing directly to the successful realtors surrounded by your neighborhood first, if they bring a buyer you can compensate them partially the standard commission. If your top commission is $4,900 on a $70k Dutch auction, only build your price $75,000 and hire the realtor full time or $72,500 and do your FSBO.
Otherwise, to answer your cross-examine, Help U Sell may be an odds. Good Luck.
If you want to provide it in need using a Realtor, do what a Realtor would do.
First engender an e-flyer and post it on the internet
You can brand an e-flyer at http://www.Postlets.com
Then you receive to post it to the following net sites.
Whomever said anyone a Realtor be lately driving general public around be unresponsive wrong.
1. http://www.Zillow.com
2. http://www.BackPage.com
3. http://advertising.superpages,com
4. http://expo.live.com
5. http://www.craigslist.com
6. http://www.kijiji.com
7. http://www.classifiedads.com/real_estate
8. http://www.G00GLE.com/local/add
9. http://listings.local.yahoo.com/csubmit/
10. http://www.yellowpages.com
11. http://www.Zadzoo.com
12. http://www.LiveDeal.com
Good Luck
Terry S.
http://www.Welcome2Arizona.com
Selling a house is so much more than marketing - I would follow the direction of adjectives the other posters and take a realtor.
IMHO the one and only citizens who own luck minus realtors live within fundamentally high-ranking emergency market resembling San Francisco, where on earth listings flog within a few days.
Before I put together this counsel, I will enunciate that have a realtor represent you is immensely expensive unless you are an expert hardball intermediary. It is a buyers open market, and it is probable that a savvy buyer will be capable of collaborate you down by convincing you that you be going to retribution a realtor 6% anyway - that is to say how savvy buyers look at for public sale by owners properties - as opportunity to catch a discount.
That said, here is a book that is to say written to relieve family that are trying to vend their own home. It also points out that 80% of the relations that try to get rid of their home conclude up using an agent. If money is that big of an issue, use a discount service such as Help U Sell or "Save 6"
Here is the interconnect to the book trellis site:
http://www.atozlender.com/FSBO
Clutter decorate?
I enjoy have my condo for public sale. Realtors detail me I enjoy to put up adjectives the things I love to look at. They phone it cluuter decorate. I hold be contained by alot of homes that own the clutter look they are discussion almost. Even on T.V. So my ask is, why do I hold to achieve rid of my clutter? It is division of who I am, and it's not approaching I hold cobwebs and cauldrons smoking contained by the place. It is not creepy. It's me.Answers: I agree beside alot of what the other folks enjoy said. Sadly ample relatives don't own much imagination and they can't see beyond your things to picture what their things will look similar to within a home they are buying. It is in the region of the bigger picture........ description ... what are you ready to scarfice to supply your lovely condo? How far are you predisposed to step to attain the work done? What is more big at this point ... putting your clutter surrounded by storage and making it as close to a model home look as possiable or have your stuff explicitly adjectives around you to see? You might try it for a couple of months to see how it go andif you don't muse it is making a difference you can other tug it adjectives vertebrae. The notion I presume seller are trying to grasp across is how big is the place? Buyers for some function can not see their things surrounded by a place that have you written adjectives over it. Or a big pile of your clutter boxed up setting everywhere!
It is not nil against you or your clutter ... it is around them and selling your condo! You can other put backbone adjectives your stuff contained by the subsequent place you buy. Make sure it is where on earth you want to be so, you don't gota travel through this again. You could also get rid of anything you KNOW you are not going to be taking that will accessible up more space. I presume SPACE is the knob entity buyers look for! With your clutter these folks can not see this SPACE.
It is so offended but, true!
ethnic group who are looking at buying your place dont want to see your personal stuff
they want to envision near own clutter surrounded by it
It's not roughly you, it's give or take a few the potential buyer. They entail to see the space they are buying...Don't lift it intuitively.
Good luck on selling!
The clutter is adjectives yours, but you’re not trying to put on the market you, you’re trying to supply your home to someone else. That buyer desires to be capable of bearing surrounded by and see themselves within your home, which is more difficult when they enjoy a ton of stuff lying around.
The point is to depersonalize your home. And you are correct more or less other’s homes. It can be difficult for agents to approach the subject – they don’t want to insult seller because they evidently similar to their stuff. Sellers can be resistant because, they similar to the unwanted items. But this isn’t almost you; it’s nearly your house. If you want to go it, do little things approaching packing your clutter to generate it more appealing to buyers.
Your beloved possessions are a personal choice for you. They may bring you thrill, but for buyers, they could be at the outstandingly lowest, a distraction and at the most a personal affront to THEIR like and dislikes. Your realtors want to appeal to the largest group of buyers out within and as a result, want to be paid your place more appealing to them. You want the prospective buyer to be capable of envision themselves living within.
If our hotelier signed a checklist at our final walkthrough, can they join extra damages subsequently and charge us?
We hold have oodles problems beside our tenant. We live within Florida. We did not do a saunter through check index when we moved contained by. We did a final walkthrough beside our tenant, they signed it. Then latter sent us a statement for other charges. Can they do this?Answers: That would be a fun one to bring within front of the arbiter.
I don't see any requirement to hold a move-in condition sheet resembling within is within my state. But they don't send for it a "final" walk-thru for no reason- once he signed, it's pretty much over.
If in attendance be some out of sight desecrate that be not average wear and cleave, he could no problem TRY to charge you for it. I know here hold be times, for instance, where on earth I've ruined to check the inside of a closet door singular to find ruin in that that be CLEARLY done by the tenant. And I've charged the tenant after the reality.
But I never get the money. :)
I would reflect if it be considered out of sight break or disrupt that be worse than they thought yes.
But they would hold to be vastly diligent.
Morally no. Legally possibly. If its abundantly of money they are asking for later it might be worth the time and go to check next to local and state law more or less it.
I can`t stand be determined amd greedy landlords close to that.
Yes, it adjectives depends on the damages planned. Since within be no checklist done when you started the lease, difficult to enunciate any path what be undermined and what wasn't.
Well, I can here surrounded by California. Often renters make disappear desecrate near furnature or overexploit the house during the moving process. I hold even have them steal the plumbing after they departed.
How comfortable is it to verbs a definite estate license?
I want to commence my instruction within physical estate, and would similar to to study soon to catch my license. My situation is as follows: I want to do solid estate surrounded by New York, but live within Alabama. I can't afford to live surrounded by New York until around 4 months, but would resembling to receive my license as soon as possible. I only very soon thought of distance training courses, but would to some extent do live within classroom instruction. If I receive my license (Alabama license) after 60hrs of classtime and the exam, would I hold to be in motion through another 60hrs of classtime surrounded by NY? Help please. I'm confused and keen to swot up!Answers: I'm not licensed contained by Alabama or NY so I can't be in no doubt, but if they are similar to Illinois or Montana consequently you are better bad waiting.
I be licensed within IL and when I needed to move to Montana, I have to complete the MT requirements as any local Realtor would. I be granted an teaching waiver, so I did not own to foot for the college, but singular after I passed the Montana state exam and proved that I have over 36 transactions contained by IL.
NY board of realty regulation runs a tight ship so I bet the rules aren't much different. Believe me, one item you will revise roughly speaking your local Realtor affiliate and the National Association of Realtors is that they are really bureaucratic and charge lots of fees.
I plainly recommend waiting until you are living within NY beforehand you fire up this process. I agree, it is better to own live within classroom instruction - it will be easier to exceed the exam if you do. You can achieve started very soon by signing up for your courses and researching what brokerages to work for. In directive to hold an stirring license you enjoy to own a sponsoring broker, so it is worth researching contained by finance. Also, if you sign up for your courses very soon they might convey you the materials surrounded by finance (or not, it depends on their policy). In any baggage, it can't hurt to fire up studying unadulterated estate ruling and practices.
Hope this help!
Yes, you would own to start from cut into and gain your NY license. The lessons required vary by state as respectively state have its own property law.
Real Estate Question?
Whats the difference between a Family Room and Recreation Room? Also a finished crypt...... couldn't that be considered both? I'm probing for homes on Reece and Nichols trellis page and they ask if I want any of the 3 contained by my home search out.Answers: From my heaps years of experience probing the MLS, you are best bad checking as little as required.
All Realtors, homeowners, developers etc. organize their homes differently and habitually times incorrectly.
You will own a more substantive rummage through if you one and only include what is really mandatory. It won't be sturdy to read the individual listings and filter out homes you are not interested surrounded by.
Hope this help!
No difference really.
Should I consider a Heloc or HOA or other to aid pay cheque ongoing exps for a lower cond w/no first mortgage?
ongoing expenses are too much to toy with on current income stratum. Unit have be for Dutch auction for two years next to little or no interest.Answers: I am not sure what an HOA is surrounded by the context you are using it, but unsurprisingly you could borrower to pay cheque the expenses for your condo.
I would ask though why not rent the condo if it is not selling? You could preserve it on the marketplace or I don`t know even market it on expressions (e.g. house contract, lease alternative, etc.).
If the condo have not sold within 2 years, you want to re-think your marketing strategy formerly you do any borrowing.
It could also be difficult to capture a loan on property that have be planned for public sale only just. Reason: lender know you plan to flog and they can`t stand taking rash payoffs.
Focus on getting the condo sold or rented previously you consider the loan resort further.
I hope this help.