#house

Selling a House vs. Renting It Out When Relocating

( www.reddit.com )

Selling a House vs. Renting It Out When Relocating Recently ended a long-term relationship, during which I purchased a house on the nice end of a small city. The purchase was largely a combination of the market at the time and needing to be in the area for a few years while my ex was attending grad school. Life and career prospects for me are much better just about anywhere but here, so I see my…

Reddit Personal Finance 906 2024-06-30

Inheriting a house question

( www.reddit.com )

Inheriting a house question If I’m left with a house having 50% of the home and 2 other people are each left with 25% of it what happens? If I want to sell it and the other 2 don’t want to how would it work? Of if 2 of us want to sell and the other does not then what? If the other 2 can’t afford to buy me out what would happen? submitted by /u/Betty20242024 …

Reddit Personal Finance 842 2024-06-30

Lien on my house is not right

( www.reddit.com )

Lien on my house is not right Closing on my house next week and a lien came up from a company that responded when I had a water leak. I have a judgement against me somehow. I’ve never been served. I have been in dispute with them over the amount I was charged and the work they did. I did not sign any document with them. They were one of the three referrals my insurance agent…

Reddit Personal Finance 1.2k 2024-06-28

Max out 401k vs. Save for house?

( www.reddit.com )

Max out 401k vs. Save for house? Hello everyone! I’m currently a single 25 y/o making $80k a year. Here is my current situation: Zero student loan debt My truck is fully paid off 4 month emergency fund Maxed out Roth IRA for 2024 w/ my job bonus (All in VTSAX) Currently contributing 10% to a Roth 401k with a 4% employer match (All in VT) My question is: should I contribute ev…

Reddit Personal Finance 701 2024-06-28

To sell or to rent current house

( www.reddit.com )

To sell or to rent current house I need help making a decision. My wife and I are moving out of Florida and have a house. We have 250k in equity with a 3% interest rate and a whopping 26 more years on our mortgage. In our HYSA (4.5%) we have about 70k. It looks like we have two options: Sell our house. Buy a house in the state we are moving to with 20% down and put another 10…

Reddit Personal Finance 985 2024-06-26

Renew House Insurance with an open claim

( www.reddit.com )

Renew House Insurance with an open claim Hello, I am super worried. My house insurance is about to expire on July 9, and I received a notice from my current insurance provider, Allstate, stating they won’t renew my policy due to roof damages. We filed a claim last September, but their adjuster didn’t approve the hail damage. I had to hire a lawyer, who takes a substantial commission, a…

Reddit Personal Finance 715 2024-06-25

My Recent Interview to Simply Rent a Small House in Los Angeles for Six Months

( www.mcsweeneys.net )

My Recent Interview to Simply Rent a Small House in Los Angeles for Six Months THEM: Are you the Dan Kennedy who has written all about how to make millions of dollars? You sell a program of some sort to people and say they can get rich with this program if they buy your books and stuff? ME: Oh, god, no. I’m really glad we’re meeting. That’s a different Dan Kennedy. No, I’ve written three books, comedy books, and humor. I’m…

McSweenys 1.1k 2024-06-24

Does it make sense to invest my house savings

( www.reddit.com )

Does it make sense to invest my house savings 29M. Hello, I’m not sure where to put savings for a house. -Don’t see myself buying a home for 3-5 years Current house savings: Have 20k in TWCGX 25k in FXAIX Another 11k spread between other indexes/etfs. -8k in a HYSA Currently putting all future contributions and the 8k into FXAIX, as housing in my area is very costly. Does it make sense to…

Reddit Personal Finance 976 2024-06-24

Advice on if I should sell my house or not.

( www.reddit.com )

Advice on if I should sell my house or not. I currently have a mortgage on a house that I built 3 years ago, Over the last year or so my mortgage repayments have gone up heaps and am currently paying $3200 per month plus $100 for insurance and about another $100 in council rates During this time my yearly income has dropped a fair amount as well, have also fallen behind on my tax and cu…

Reddit Personal Finance 980 2024-06-22

House 1 low interest rental, House 2 high interest primary. Sell House 1 to be debt free?

( www.reddit.com )

House 1 low interest rental, House 2 high interest primary. Sell House 1 to be debt free? House 1 Worth ~$500k with $220k left at 2.7% interest rate. Being rented for $2300 with monthly cost of ~$1800 which includes everything (maintenance, mortgage, etc). Lease ends on June 2025. By 2027, I can sell and be excepted of the tax since I lived there 2 years of the past 5 years. 4 bed, 2 + 1/2 bath, 2000sqft with 4000 sqft backyard+ 2 …

Reddit Personal Finance 1.1k 2024-06-22

Pay off student loans or down payment on house?

( www.reddit.com )

Pay off student loans or down payment on house? Hello! I’m in the process of selling my home and will make $120K on it. I need about $15k to pay off some dumb stuff (credit cards and a bad loan). but the rest could either go to student loans or the new house. Student loans are $50K with Sallie Mae at 13% Houses we’re looking at are 450-480k. We are approved for 425K. the mortgage would go u…

Reddit Personal Finance 734 2024-06-22

Would you stretch to buy a house if you have more savings than income?

( www.reddit.com )

Would you stretch to buy a house if you have more savings than income? We live in a VHCOL area and our dream is to buy a house here. We make good money and are in a really good place with our savings, but we’re struggling to feel like we can afford a home here… we know we could do it easily anywhere else but we like where we live. We’d be considered very high earners … if only we didn’t live in one of the highe…

Reddit Personal Finance 1.2k 2024-06-22

Buying a House vs Maxing Investments

( www.reddit.com )

Buying a House vs Maxing Investments Hi! I have been thinking about buying a house and having my friends live in it with me. My question is I’ve been doing some research and it seems like it may be better to rent and invest the difference in maxing my Roth and 401k. I’m 24 years old and the opportunity cost of not using these first 5-10 years of my investing time horizon seems high…

Reddit Personal Finance 709 2024-06-21