In 2004, I purchased my first home. I was recently divorced, and took a loan that didn't include taxes and insurance. In 2005, I refinanced to include taxes and insurance, and also paid off my car loan. In April 2006, my mother came to me and asked me and my family if we'd be willing to move into her home since she's having a brand new one built. It's a bigger, nicer house and in an excellent part of town with really good schools that my kids go to and love. I put my house up for sale, even though I have a pre-payment penalty...and after it being listed for 5 months...I took an offer and agreed to $6000 less than my asking price, and $5500 towards closing costs...now I'm only getting $1325 out of the sale of the house!!! And now the buyer wants all these repairs done...even though they'll have about $4600 cash from closing! I know this is bad, but part of me just wants to be done with it....this house we'll be moving into will be mine and it has no mortgage....What do you think
2007-01-25
07:24:21
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11 answers
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asked by
Darth Darwin
4