When does it make financial sense to just dump your house???

[CA renter]

[quote=Bugs]Wow, this place has really changed.[/quote]

What sort of changes do you see? I’m interested because you’ve been gone awhile, and things have really changed a lot in our world. The government is encouraging and abetting criminal and/or unscrupulous behavior, and housing prices are rising along with the stock market during “The Greatest Recession Since the Great Depression” and with unemployment levels that haven’t been seen since the early 80s.

The world has been turned upside-down, the bears are now bulls, and the responsible people are now encouraging irresponsible behavior in others (because we feel like chumps for being responsible). So…what’s changed? 😉

[oxfordrick]

It’s just business.

In this specific case the second has no leverage, not advice, just thinking aloud.

The big picture is that the toothpaste won’t go back in the tube, as soon as Gov gets out of the way realistic risk premiums will take mortgage rates back up to 8% and 30% downpayments in a heartbeat.

[oxfordrick]

It’s just business.

In this specific case the second has no leverage, not advice, just thinking aloud.

The big picture is that the toothpaste won’t go back in the tube, as soon as Gov gets out of the way realistic risk premiums will take mortgage rates back up to 8% and 30% downpayments in a heartbeat.

[oxfordrick]

It’s just business.

In this specific case the second has no leverage, not advice, just thinking aloud.

The big picture is that the toothpaste won’t go back in the tube, as soon as Gov gets out of the way realistic risk premiums will take mortgage rates back up to 8% and 30% downpayments in a heartbeat.

[oxfordrick]

It’s just business.

In this specific case the second has no leverage, not advice, just thinking aloud.

The big picture is that the toothpaste won’t go back in the tube, as soon as Gov gets out of the way realistic risk premiums will take mortgage rates back up to 8% and 30% downpayments in a heartbeat.

[oxfordrick]

It’s just business.

In this specific case the second has no leverage, not advice, just thinking aloud.

The big picture is that the toothpaste won’t go back in the tube, as soon as Gov gets out of the way realistic risk premiums will take mortgage rates back up to 8% and 30% downpayments in a heartbeat.

[(former)FormerSanDiegan]

Based on the numbers you posted, the after tax difference between staying in your house and renting is about equal to or less than a typical car payment.

In your shoes, I would give up that few hundred per month to avoid landlords, moving hassles, and a place to call home. I know $150K is a lot of money, but in the grand scheme of things, it is not.

[(former)FormerSanDiegan]

Based on the numbers you posted, the after tax difference between staying in your house and renting is about equal to or less than a typical car payment.

In your shoes, I would give up that few hundred per month to avoid landlords, moving hassles, and a place to call home. I know $150K is a lot of money, but in the grand scheme of things, it is not.

[(former)FormerSanDiegan]

Based on the numbers you posted, the after tax difference between staying in your house and renting is about equal to or less than a typical car payment.

In your shoes, I would give up that few hundred per month to avoid landlords, moving hassles, and a place to call home. I know $150K is a lot of money, but in the grand scheme of things, it is not.

[(former)FormerSanDiegan]

Based on the numbers you posted, the after tax difference between staying in your house and renting is about equal to or less than a typical car payment.

In your shoes, I would give up that few hundred per month to avoid landlords, moving hassles, and a place to call home. I know $150K is a lot of money, but in the grand scheme of things, it is not.

[(former)FormerSanDiegan]

Based on the numbers you posted, the after tax difference between staying in your house and renting is about equal to or less than a typical car payment.

In your shoes, I would give up that few hundred per month to avoid landlords, moving hassles, and a place to call home. I know $150K is a lot of money, but in the grand scheme of things, it is not.

[jpinpb]

Just thinking outside the box after reading all the posts. It sounds like the place you’re in suits you for the most part. Seems very disruptive to move a family w/a kid on the way, no less, into the uncertainty of rentals and unknown real estate market.

I have to agree w/others that 2000sf is plenty big. If the wife is the one wanting more rooms, well, how about expanding, then. Room on the lot to add a room or add up? Construction costs seem to be lower now. That might be an option. It sounds like you’ve done some work on the place (yourself?) Maybe you can do the finish and save that way. Get someone to do sticks and bricks on it.

Just a thought.

[jpinpb]

Just thinking outside the box after reading all the posts. It sounds like the place you’re in suits you for the most part. Seems very disruptive to move a family w/a kid on the way, no less, into the uncertainty of rentals and unknown real estate market.

I have to agree w/others that 2000sf is plenty big. If the wife is the one wanting more rooms, well, how about expanding, then. Room on the lot to add a room or add up? Construction costs seem to be lower now. That might be an option. It sounds like you’ve done some work on the place (yourself?) Maybe you can do the finish and save that way. Get someone to do sticks and bricks on it.

Just a thought.

[jpinpb]

Just thinking outside the box after reading all the posts. It sounds like the place you’re in suits you for the most part. Seems very disruptive to move a family w/a kid on the way, no less, into the uncertainty of rentals and unknown real estate market.

I have to agree w/others that 2000sf is plenty big. If the wife is the one wanting more rooms, well, how about expanding, then. Room on the lot to add a room or add up? Construction costs seem to be lower now. That might be an option. It sounds like you’ve done some work on the place (yourself?) Maybe you can do the finish and save that way. Get someone to do sticks and bricks on it.

Just a thought.

[jpinpb]

Just thinking outside the box after reading all the posts. It sounds like the place you’re in suits you for the most part. Seems very disruptive to move a family w/a kid on the way, no less, into the uncertainty of rentals and unknown real estate market.

I have to agree w/others that 2000sf is plenty big. If the wife is the one wanting more rooms, well, how about expanding, then. Room on the lot to add a room or add up? Construction costs seem to be lower now. That might be an option. It sounds like you’ve done some work on the place (yourself?) Maybe you can do the finish and save that way. Get someone to do sticks and bricks on it.

Just a thought.

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