Help… Should we sell, or stay???

[fredo4]

I agree. Just rent a nice place in your area. There are fantastic rentals now since so many people are renting out their houses.

My husband and I were in a similar situation a couple of years ago. We lost our biggest business account and were struggling with our high mortgage in L.A.
We decided to move down here to S.D. and rent until the market settled– and I’m so happy we did. We are way happier and will be able to buy a much better house when we do buy.

[Homeschool2Boys]

Yes, I’m on meds for BP… better believe it! That’s my pressure when I don’t take them.

Thanks for all the advice so far. This is a great site! I wish I had discovered it in 2005, when I could have pocketed some cash and rented like some of the smart (lucky?) people on here. I hate the idea of selling low — but if I also buy low, and lower my property taxes and eliminate future capital gains, I guess it’s not so bad.

Maybe we should put the place on the market for 3 months and see what happens. If we don’t get a buyer, we can always refinance and stay where we are. It is tough, though, to refinance when I know I can pay it off in 9 years — forced savings. Have a low rate now, too. If rates come down a little more, I would be more motivated to refinance and stay.

Does anyone know if it is better to have a mortgage, or not, when your kids go to college? Do the colleges look at your assets, monthly expenses, or both…? We’re wondering how lowering our income or eliminating our mortgage might impact how much we have to pay toward college costs. We’ll have two kids in college at the same time.

[Homeschool2Boys]

Yes, I’m on meds for BP… better believe it! That’s my pressure when I don’t take them.

Thanks for all the advice so far. This is a great site! I wish I had discovered it in 2005, when I could have pocketed some cash and rented like some of the smart (lucky?) people on here. I hate the idea of selling low — but if I also buy low, and lower my property taxes and eliminate future capital gains, I guess it’s not so bad.

Maybe we should put the place on the market for 3 months and see what happens. If we don’t get a buyer, we can always refinance and stay where we are. It is tough, though, to refinance when I know I can pay it off in 9 years — forced savings. Have a low rate now, too. If rates come down a little more, I would be more motivated to refinance and stay.

Does anyone know if it is better to have a mortgage, or not, when your kids go to college? Do the colleges look at your assets, monthly expenses, or both…? We’re wondering how lowering our income or eliminating our mortgage might impact how much we have to pay toward college costs. We’ll have two kids in college at the same time.

[Homeschool2Boys]

Yes, I’m on meds for BP… better believe it! That’s my pressure when I don’t take them.

Thanks for all the advice so far. This is a great site! I wish I had discovered it in 2005, when I could have pocketed some cash and rented like some of the smart (lucky?) people on here. I hate the idea of selling low — but if I also buy low, and lower my property taxes and eliminate future capital gains, I guess it’s not so bad.

Maybe we should put the place on the market for 3 months and see what happens. If we don’t get a buyer, we can always refinance and stay where we are. It is tough, though, to refinance when I know I can pay it off in 9 years — forced savings. Have a low rate now, too. If rates come down a little more, I would be more motivated to refinance and stay.

Does anyone know if it is better to have a mortgage, or not, when your kids go to college? Do the colleges look at your assets, monthly expenses, or both…? We’re wondering how lowering our income or eliminating our mortgage might impact how much we have to pay toward college costs. We’ll have two kids in college at the same time.

[Homeschool2Boys]

Yes, I’m on meds for BP… better believe it! That’s my pressure when I don’t take them.

Thanks for all the advice so far. This is a great site! I wish I had discovered it in 2005, when I could have pocketed some cash and rented like some of the smart (lucky?) people on here. I hate the idea of selling low — but if I also buy low, and lower my property taxes and eliminate future capital gains, I guess it’s not so bad.

Maybe we should put the place on the market for 3 months and see what happens. If we don’t get a buyer, we can always refinance and stay where we are. It is tough, though, to refinance when I know I can pay it off in 9 years — forced savings. Have a low rate now, too. If rates come down a little more, I would be more motivated to refinance and stay.

Does anyone know if it is better to have a mortgage, or not, when your kids go to college? Do the colleges look at your assets, monthly expenses, or both…? We’re wondering how lowering our income or eliminating our mortgage might impact how much we have to pay toward college costs. We’ll have two kids in college at the same time.

[Homeschool2Boys]

Yes, I’m on meds for BP… better believe it! That’s my pressure when I don’t take them.

Thanks for all the advice so far. This is a great site! I wish I had discovered it in 2005, when I could have pocketed some cash and rented like some of the smart (lucky?) people on here. I hate the idea of selling low — but if I also buy low, and lower my property taxes and eliminate future capital gains, I guess it’s not so bad.

Maybe we should put the place on the market for 3 months and see what happens. If we don’t get a buyer, we can always refinance and stay where we are. It is tough, though, to refinance when I know I can pay it off in 9 years — forced savings. Have a low rate now, too. If rates come down a little more, I would be more motivated to refinance and stay.

Does anyone know if it is better to have a mortgage, or not, when your kids go to college? Do the colleges look at your assets, monthly expenses, or both…? We’re wondering how lowering our income or eliminating our mortgage might impact how much we have to pay toward college costs. We’ll have two kids in college at the same time.

[fredo4]

Not sure about the college question, but as far as the selling idea goes- If you really want to sell you’re going to have to price it aggressively (low) and then hope to create a bidding war. Pricing it in the middle or even slightly lower won’t do it now. I think most of the realtors on this site would agree with me. You’ll be competing with short sales and repos so go in with a bang and you’ll sell easily.

[fredo4]

Not sure about the college question, but as far as the selling idea goes- If you really want to sell you’re going to have to price it aggressively (low) and then hope to create a bidding war. Pricing it in the middle or even slightly lower won’t do it now. I think most of the realtors on this site would agree with me. You’ll be competing with short sales and repos so go in with a bang and you’ll sell easily.

[fredo4]

Not sure about the college question, but as far as the selling idea goes- If you really want to sell you’re going to have to price it aggressively (low) and then hope to create a bidding war. Pricing it in the middle or even slightly lower won’t do it now. I think most of the realtors on this site would agree with me. You’ll be competing with short sales and repos so go in with a bang and you’ll sell easily.

[fredo4]

Not sure about the college question, but as far as the selling idea goes- If you really want to sell you’re going to have to price it aggressively (low) and then hope to create a bidding war. Pricing it in the middle or even slightly lower won’t do it now. I think most of the realtors on this site would agree with me. You’ll be competing with short sales and repos so go in with a bang and you’ll sell easily.

[fredo4]

Not sure about the college question, but as far as the selling idea goes- If you really want to sell you’re going to have to price it aggressively (low) and then hope to create a bidding war. Pricing it in the middle or even slightly lower won’t do it now. I think most of the realtors on this site would agree with me. You’ll be competing with short sales and repos so go in with a bang and you’ll sell easily.

[barnaby33]

Maybe its my crazy upbringing but I’d say ask your wife to get a job. You working 80-90 hours a week is fucking insane. Leave the rest of the issue aside. A wife that would be ok with that for a lifestyle needs some kind of attitude adjustment.

One of my problems is that I always seem to date work-aholic women and the toll has always been evident. however none of them works 90 hours a week and my present girlfriend is a self employed horse trainer who works 6 days a week.
Josh

[barnaby33]

Maybe its my crazy upbringing but I’d say ask your wife to get a job. You working 80-90 hours a week is fucking insane. Leave the rest of the issue aside. A wife that would be ok with that for a lifestyle needs some kind of attitude adjustment.

One of my problems is that I always seem to date work-aholic women and the toll has always been evident. however none of them works 90 hours a week and my present girlfriend is a self employed horse trainer who works 6 days a week.
Josh

[barnaby33]

Maybe its my crazy upbringing but I’d say ask your wife to get a job. You working 80-90 hours a week is fucking insane. Leave the rest of the issue aside. A wife that would be ok with that for a lifestyle needs some kind of attitude adjustment.

One of my problems is that I always seem to date work-aholic women and the toll has always been evident. however none of them works 90 hours a week and my present girlfriend is a self employed horse trainer who works 6 days a week.
Josh

[barnaby33]

Maybe its my crazy upbringing but I’d say ask your wife to get a job. You working 80-90 hours a week is fucking insane. Leave the rest of the issue aside. A wife that would be ok with that for a lifestyle needs some kind of attitude adjustment.

One of my problems is that I always seem to date work-aholic women and the toll has always been evident. however none of them works 90 hours a week and my present girlfriend is a self employed horse trainer who works 6 days a week.
Josh

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