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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: a new place ? Date:  7/6/2010  10:11 AM
Author:  Gingko100 Number:  298386 of 312823

With everything going on in your life, why on earth would you want to a) become landlords with all the time and hassle that involves and b) acquire more debt?

Sell the house and use the $ to buy another one, or just rent at the new location for a while. There's absolutely no reason to buy right away.

I would also suggest that since you have no house payment, and still have no savings that taking a loan for a house payment might not be wise until you have figured out how to boost your savings habit (Hint: No one "needs" a $900 grill).
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