Thread: Ok now what?
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Old 08-22-2005, 10:40 PM   #1 (permalink)
TheWife
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Default Ok now what?

So, yes I haven't been around much. We had sold our house, we wouldn't be able to afford it on dh's (future) instructor's salary so we decided to sell it. So it sold, and the people said they were going to close on Aug 5th, so we moved out on the first. We made sure their buyers on their house had done an appraisal, inspection, and preapproval, and they also had the same thing on our house. So it was supposed to be just a matter of paperwork....long story short, we moved out, we are in a 1 year lease in an apt, and the buyers backed out about 10 days ago. So dh had to stop flight training and get another job so we can pay mortgage and rent. So now, we are facing Sept mortgage, after already having to pay Aug which we didn't think we'd have to. Our choices now, after 10 days of no other interested people (which is so sad because we had 3 offers within the first week! Now nothing!) so now we can either sign with an agent and we will make absolutely nothing after 4 years of payments and $4K we put into the basement. Or we can put an ad in the paper for a few hundred, but if it doesn't work we are back to getting an agent and out a few more hundred on top of it. Or we could look at renting it which I really didn't want to do because it scares me that someone will trash it, but if we found good tenants then at least maybe we'd have some more equity by the time we did sell it maybe in a few years. Or we could move back, try to get out of our lease, and dh can pretty much forget flying cause he'll have to work too much just to pay for our house. Any thoughts??
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