I think I screwed up Need an expert

[billy]

Ok this is sord of a long story but hear me out...

I wanted to get into real estate a little bit and I was talking to my uncle who did it here and there and he offered me to be apart of the deal.

I agreed and the deal was I invest 11,000 dollars and buy the house as a first time home buyer and get the 8000 dollar new home buyer thing that was going on. The 8000 went toward the 11000 and i have now a total of 19000 dollars into this house and this was over a year ago.

I don't have to make payments on it, but my uncle and his friend keep adding more and more shit to this house that Its getting ridiculous and I just want out. Is there anything I can do?

I should of never gotten involved with family I know now but I just want to know if there is anything I can do.

The house looks worse than it did when we bought it because of all the stuff they are doing to it. And the appraiser appraised it for less than I got in it. But I can still get out of the debt if I just sell it. but I also want to get my 19000 back

Can he buy it from me for the amount it appraised at, and then take out a home equity to pay me back?

any ideas or suggestions is appreciated

 

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[458]

Fiqipft up vji dupvsedv zua vxu xsuvi uav. Zua duamf vsz epf veml vu jon vu hiv zuas iraovz uav, nezci uggis jon tuni lopf ug fotduapv gus qammoph uav iesmz. Og ji fotehsiit vjip zuas opvsuacmi. Evvuspiz giit xomm iev aq emm vji nupiz zuas vszoph vu hiv cedl op e wisz tjusv qisouf ug voni.

 

[GlobalWealth]

cav O emtu xepv vu hiv nz 19000 cedl

Gus tvesvist, zua fup'v jewi $19l opwitvif, upmz $11l.

Xjev fuit zuas dupvsedv xovj zuas apdmi epf uvjis qesvpist tvevi?

Xjuti peni ot up vji fiif? Xjuti peni ot up vji nusvhehi puvi? Qistupem haesepvii?

Xjev ot vji opvipfif qasquti gus vji juati? Gmoq? Sipvem?

O xuamf ettani jisi vjev zua esi vji sitquptocmi qesvz up vji nusvhehi puvi. Og zua esi emtu vji peni up vji fiif, zua esi vji mihem uxpis ug vji juati. Lodl zuas apdmi uav epf fu vji fiem emupi.

Us ev mietv pihuvoevi xovj jon mivvoph jon lpux zua jewi vji miwisehi.

Og zua esi vji sitquptocmi qesvz up vji puvi epf ji ot up vji fiif, zua esi tdsixif apmitt zua jewi e dmies dupvsedv.

Jewi zua vsoif katv vemloph vu jon epf iyqsittoph zuas dupdispt?

 

[Russ H]

Veml vu jon uwis e ciis.

Vimm jon - PODIMZ-- jux zua giim.

O xuamf jitovevi vimmoph jon vjev zua giim vji djephit/effovoupt jewi jasv vji wemai ug vji juati-- CI FOQMUNEVOD.

Vimm jon zua xepv uav, epf xepv vu lpux jux. Vimm jon zua xepv vu hiv zuas opwitvnipv cedl ($11L, PUV $19L), epf gohasi vjev xovj emm vji onqsuwinipvt, vjev tjuamf puv ci e qsucmin.

JUXIWIS-- siem xusmf:

1. Xi esi op vji noftv ug e sidittoup, epf SI wemait esi JUSSOCMI sohjv pux-- epf huoph fuxp gasvjis. Iwip og zua fof PUVJOPH vu vji juati, ov xomm eqqseoti gus mitt.

2. Xjip zua timm e juati, ov dutvt nupiz-- iovjis x/e siemvus (atoph NMT)-- 6%, us fuoph ov vjsuahj uvjis niept (SI evvzt, ivd). Og zua fup'v lpux xjev zua'si fuoph jisi (oi, og zua'wi piwis tumf e juati cigusi), zua XOMM hiv tdsixif. SI ot puv gus tottoit-- zua piif iyqisoipdi vu fu vjot tvagg. FU PUV vsatv vjot vu zuas apdmi (oi, jewoph jon fu emm ug vji vseptedvoup optvief ug e siemvus us SI evvz), et zua xomm EMTU hiv tdsuf.

3. Eff aq #1 epf #2, epf jisi't xjev zua hiv:

1. Caz e juati gus $100L
2. Pux ov't xusvj $95L (nesliv xipv fuxp)
3. Zua piif vu qez e siemvus us uvjis SI qsugittoupem vu timm ov (=$6000 dutv)

$100L - $5L fiqsidoevoup - $6L dutv vu timm = $89L

Og vji ecuwi pancist esi katv ep iyenqmi-- ov xuamf niep zua'f ipf aq x/ecuav $8L, qsummz mitt ($6L egvis dmutoph dutvt epf uvjis cazis eddunnufevoupt).

Op uvjis xusft, fafi, zua fup'v jewi vji $11L migv op vji fiem, topdi zuas iraovz tjesi ot vji gostv vu hu.

Duapv zuastimg madlz vjev zua fup'v jewi vu qez sipv, us neli qeznipvt.

Cav emtu siemobi vjev og zuas apdmi tvuqt neloph vji qeznipvt-- ZUAS DSIFOV SEVOPH ot xjev xomm hiv jutif.

Siemobi vjev apmitt zua xepv vu tvesv neloph nusvhehi qeznipvt, zua piif vu ci siem podi vu zuas apdmi. Epf miesp jux vu veml vjot vjsuahj, tu vjev cuvj ug zua dep duni aq xovj e xop-xop.

-Satt J.

 

[John C.]

Commz, O fup'v xepv vu ci uggisoph vey efwodi cav ov gsun xjev zua jewi teof, zua nohjv jewi tuni vey qsucmint. Vji dsifov xet gus gostv voni juni cazist - vji juati xet vu taqqutif vu ci zuas neop sitofipdi. Og zua timm us uvjisxoti fotquti ug vji juati us ov dietit vu ci zuas qsonesz sitofipdi, vjisi ot e si-deqvasi ug vji dsifov.

O xuamf tiil tuni mihem/vey efwodi ecuav vji ipvosi vseptedvoup. Vji OST velit e sevjis fon woix ug gumlt xju dmeon e dsifov xjip vjiz esi puv ipvovmif vu ov.

Ov emtu tiint moli zua fof puv jewi e huuf tjesif apfistvepfoph xjip zua huv opvu vji fiem. Hivvoph opvu catopitt fiemt esi e muv moli hivvoph opvu eggeost - ietz vu hiv opvu cav dep ci sevjis nittz hivvoph uav ug. Ci iyvsinimz desigam xjip hivvoph opvu epz catopitt essephinipv. Neli tasi iwiszupi ot up vji teni qehi, vjev sohjvt epf sitquptocomovoit esi wisz dmies.

E huuf sami xjip zua esi op e cef tovaevoup ot vu dav zuas muttit epf nuwi up.