RENT OR SELL? can you help?

In my country house is high expensive,many people have to loan from bank.many people dream to own their private house.the price of house is too high so that many people choose loan from bank.but he must pay back a mount of money monthly.it is a pity many people make themselves slave of their desired house. If you can not keep monthly loan ,sell it !When you have more money ,pay for another one.

i can not say any more because i don't know the marketingyou there.maybe you should think more before making the decision.

It depends on how the market is in your area and what you think you can get for it. If you rent the house you may only be able to rent it part of the year and then you will have to get someone to cover the rest of the year. It is something you can consult with a realator on.

Basically you really have to figure out if this house is above your means? Meaning if your making enough to support your family and house without struggle. But is sounds like your struggling. What I would do is cut out the extras first. Meaning if you have cable, phone and internet package get rid of cable and phone and have the internet. Unless if you don't have a cell phone than keep the phone or get a lower plan. Cut down in other finances. Such as your electricity. Meaning use money saving blubs. Save on your water by using and alarm clock to give yourself a limit of how long your in the shower for. Run the dishwasher only if it's fully full. Shut off lights when your not in the room. During ths summer and winter months have heavy curtains to keep your house warm or cool. All of these things save you money. And if you do all that and your still struggling. Try cutting back any extras. LIke going out to eat, entertainment, gas. Every little bit counts. Cook big meals and freeze them. Buy whole meats and grid them yourself and buy whole turkeys or chickens to cut up or chicken halfs and debone them and skin them. All these things save money. I know it's hard at first but every little change helps a lot. And just think with these changes you should be able to keep your house. And since the market isn't the greatest as it was you won't be losing money. And of course there are loans or refinancing that you can do now to save you money and to give you a better interest rate. And if you call your bank I believe theres other ways to help you keep your house. I believe the government has put out grants. To keep families in there homes. It's worth checking it out. Just remember to live with your means and not out of it. Good luck to you and I hope this has helped.

It depends on the marketing of house around where you live, maybe just rent it and if that doesn't help sell, and maybe look for another cheaper house. Hopefully, i helped xx