Phil is certainly correct, a house is only worth what someone is willing to pay for it.Is her house paid for? If so, that opens another door, if not, lets start with the mortgage payment Next for me, would be to sit down and add up exactly how much per year the house is costing for her to live there. Those items include, but not limited to: utility bills, cable, phone, internet, taxes & insurance insurance, lawn care, snow removal etc.Total all that up and suddenly getting rid of the house quickly can overcome the perceived loss in selling price. And the responsibility of not owning the home? Priceless!
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