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Tag Archives: sell-the-house

Should I Sell My House to Get Out of Debt? – Esperanza

Woman in safari hat looking through binoculars

“Dear Jon, I am a single mother of two. I bought a house for 150,000 almost two years ago. My monthly payment is 928. I owe 27,000 in credit cards. I am making minimum payments for 600 every month. I can’t do it any longer. My credit score is over 700. I am current on my payments. I live in ... Read More »

    We Make 150K But Living Paycheck to Paycheck. What Should We Do? – Roy

    middle age couple

    “Dear Steve, My wife and I are in our mid 50s living in suburban NY. Our kids are in college. Combined, our income is $150,000. While this is considered to be good money, it just doesn’t seem to be enough to cover our needs and save for the future during the years that we should be doing that. We owe ... Read More »

      Did I Give The Right Advice to Sell the House? – Dawn

      Ready to Collapse

      “Dear Steve, My husband and I have a good friend who is single. He inherited a 3br 2 bath home from his parents on their passing. He is in his late 40’s, has trouble keeping steady employement, and is always struggling with money. I suggested he might want to consider selling his 2000+ sq ft home and downsize to somthing ... Read More »

        My Wife Had to Quit Her Job to Take Care of Her Parents. – Charles

        “Dear Damon, We were doing fairly well until my wife had to quit her job to take care of her parents, both of us are only children so not much choice. Anyway, from an asset standpoint, we have 2 homes , both valued at about $115,000 ea. One we owe nothing on, the other we owe $106,000. All cars are ... Read More »

          I’m Tired of the Stress of Living Under the Financial Pressure. I Want to Live Below Our Means. – Janece

          “Dear Andy, We moved to GA a year ago. I hae a job but hubby had a hard time finding work. We got a great deal on a home but were at the cap of what we could afford. The kids have finally settled in to school and love the home and kids in the neighborhood. But I am miserable! ... Read More »

            Should We Sell the House to Pay Off Our Debt? – Mark

            Ready to Collapse

            wife and i are 55 years old, both work full time, two kids, one in college, one out, both went thru school on PLUS loans, we owe mortgage and home equity loan, plus lots of credit card debt, which may all equal the selling price of our home. at our ages and situation, would it be best to sell the ... Read More »

              We Moved Out of Michigan to Find a New Job and Left a Home Behind. – Nancy

              Ready to Collapse

              “Dear Steve, We moved out of Michigan in January 2009 due to a new job. We were able to qualify to purchase a home in Indiana even though we had not yet sold our house in Michigan. So, now we own two houses. Due to the lousy housing market in Michigan, our house there is worth between $10,000 to $30,000 ... Read More »

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