AN, what’s the point of stellar credit if you can’t even recover your downpayment from your existing property to retire elsewhere?
That’s why I stated I may have been better off removing $250K+ of my home “equity” back in 2004-2006. By the time I want to move away and “retire” (2014), the “deed-in-lieu” incident would have been 7-8 years behind me.
And I would have had the “mattress-cash” for a downpayment when my credit recovered :=}
