Forum Replies Created
Thanks Sonyasal. Yeah I know about the rent assistance which is a positive and thanks for your help. I love my house and it has so much potential but there is also so much to do to it. I tthink I will have to cut my losses and sell I was going to to try and rent it out for 6-12ths but unless I move in with my parents which is not an option at this time then it is really not worth it cause I would still have to top up the mortgage … unless I get another job. which is hard to come by. If I sell then at least I will ahve no debt and over $100000 in the bank and maybe start again in a year or 2. Who knows what or who is around the corner.
Cheers
Hi
Hoping someone can help me. I am a single mum who has been paying off my home for the last 10yrs my kids and I dont get to go on holidays and I am stuggling week to week now. I usually rent out a room which helps a little. But I am not getting anywhere. I am actually putting my house on the market tomorrow but have been told that I should rent it out as this would be better. The market sucks at the moment and I am not sure I will get what I want for my house $470000 which will leave me $130000 roughly. This is after paying out all my other debts. I dont really want to sell but I dont see another way out my loan is a principle only one at the moment and I cant refinance.
Should I sell or rent my house out???
If you need more information to help me out let me know
Hope someone can
Cheers
Molly
