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re: House(s) on the market

Posted on 5/3/21 at 9:28 am to
Posted by LSURep864
Moscow, Idaho
Member since Nov 2007
10967 posts
Posted on 5/3/21 at 9:28 am to
quote:

If your current home isn't a 'forever' home I would sell get your equity out of it get out of debt and park the money and sit for a year and see what happens. I am renting for a year after being a homeowner for 16 years and there has been some adjustment to renting instead of owning but I feel good knowing I have no debt and have money to buy at anytime I choose. Being a renter and having money and options isn't a bad thing as it is temporary. Renting if you are broke in debt and living paycheck to paycheck is a whole other issue.



Yeah debt free with a pile of money that is growing rapidly seems like a position of strength to me. It's really where I'm leaning. It was going to take us another 1-2 years to even get out of debt if we were aggressive.
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