#house

I sold my house and made 36k. What in the world do I do with it???

( www.reddit.com )

I sold my house and made 36k. What in the world do I do with it??? So for some context, I’m 25(m) and I sold my house. I’m moving back in with parents (I’m newly single after divorce) because I really want to save and invest as much money as possible for either a house or early retirement. I’m a teacher and make about 50k a year and will probably pick up a summer job as well. What should I do with the money? I …

Reddit Personal Finance 734 2025-02-05

Downsize to supplement low income or stay in house.

( www.reddit.com )

Downsize to supplement low income or stay in house. Hello I am new here from AUS. I am late 40’s and I am wondering if it is better as single mother with 2 children 12 and 17 on low income due to disability to- 1) to have a house paid outright which is slowly withering and reducing the assets $ surviving paycheck to paycheck. Or 2) Sell/downsize to an apartment, pay ongoing body corp fees but hav…

Reddit Personal Finance 1.0k 2025-02-03

Does my father‘s house have to be sold with a reverse mortgage, now that he will be moving into a long-term facility and would no longer be living in the house?

( www.reddit.com )

Does my father‘s house have to be sold with a reverse mortgage, now that he will be moving into a long-term facility and would no longer be living in the house? The reverse mortgage was taken out by both of my parents. Mom is deceased, and dad has been living in the house by himself for the past few years. He will be moving into a residential living facility soon. His life expectancy is somewhere between five and 10 years. There is no equity left in the home to make it worth anyone’s time to buy out th…

Reddit Personal Finance 1.2k 2025-01-31

When is it worth selling company-granted stock for something like a house payment?

( www.reddit.com )

When is it worth selling company-granted stock for something like a house payment? I have ~$14k in fully vested stock given to me by my company over the last handful of years. It’s 5Y return has been +21.35%, but 1Y is -1.71%. While we might get a boost when we share year-end results, (or a tank, LOL) I honestly don’t know how much I believe in this company’s future. Anyway, I’m working on selling my condo to buy a small home…

Reddit Personal Finance 908 2025-01-30

Max out 401k or save towards a house?

( www.reddit.com )

Max out 401k or save towards a house? TL;DR do I prioritize buying a house or saving for retirement? I’m almost 42 years old and am behind on retirement savings largely because my early jobs didn’t have a 401k and I didn’t make much money until my late 30s (didn’t hit 100k until I was 35) and was also supporting my father financially. My father passed away a few years ago, but I now…

Reddit Personal Finance 363 2025-01-30

Staying at a relatives/friends house when traveling?

( www.reddit.com )

Staying at a relatives/friends house when traveling? Hello All, I wanted to ask the community and get this off my chest. When traveling, whether to a different country or anywhere away from your home, and you have relatives or friends there that you are visiting, do you prefer staying at there residence(if they offer) or getting your own place, hotel/airbnb? For me, if staying at someones house, t…

Reddit Travel 1.1k 2025-01-29

Trying to figure out how to navigate out of being house poor while still making progress renovating my house

( www.reddit.com )

Trying to figure out how to navigate out of being house poor while still making progress renovating my house Had fun living far from home for several years post college. Moved back and lived with my parents for a few months to save up. Landed an amazing fixer upper that I’ve made great progress on, but now I’ve basically run out of cash to do some of the next items on my laundry list….Literally, framing out and finishing a laundry closet is my next pro…

Reddit Personal Finance 969 2025-01-29

Weird Dude In My Rock Star House & Other True Tales

( elsaelsa.com )

Weird Dude In My Rock Star House & Other True Tales I was blogging stories, circa 2000. Someone said they wanted to hear a love story. Of course I agreed to tell one.  But you know me. Crazy things happen all the time. This includes times when I’m falling in love. This is an excerpt from my story, “Falling In Love & Stuff”.  It has a Source

Elsa Elsa 466 2025-01-27

I own a house, but have no credit score.

( www.reddit.com )

I own a house, but have no credit score. Hello everyone! I inherited a house worth $250k from a relative. I can’t get a loan on the house due to no credit history. I took care of said family member for 10 years. I was paid by them, but nothing to file a tax return on to build credit. Any ideas from anyone would be appreciated. I’ve been up this issue and down the other in my mind and I…

Reddit Personal Finance 568 2025-01-24

Buying a house as a low income family

( www.reddit.com )

Buying a house as a low income family My fiancé and I are looking to move out of state in about two years and we would really rather buy than rent. We’ll be married before we start seriously looking. I’m just gathering information at this point. We both have credit scores in the low 600s. I’m a stay at home mom and he makes $45k annually. Right now we live in a mobile home owned by …

Reddit Personal Finance 1.2k 2025-01-23

Father owes on house and has limited SS income.

( www.reddit.com )

Father owes on house and has limited SS income. My dad lives on his own in his home. He took out a mortgage due to medical debit to try to save my mom. But she passed 2 years ago. He still works self emp but worked for cash a lot so his SS income is about 800/month. Which is his mortgage, taxes, ins. He still has utilities and living cost. He’d like to stay in the area but needs more income. …

Reddit Personal Finance 1.0k 2025-01-22