What to do with house sale proceeds? Selling home, which should net around $120-130k without any capital gains or tax liability incurred. Background: Couple with child. Student loan debt: $17k student loans (combined) Consumer debt: $0 Joint salary: $130-140K net (after taxes / deductions). No intentions for purchasing another home at minimum a few months. Were at a loss on wha…

Where to park proceeds from the sale of a home? We’re currently living overseas with our housing here paid for, and we expect to be here for ~3-4 years. We’re in the process of selling our home back in the States and expect to net around 300k from the sale. This money will probably eventually be used toward the purchase of a new home when we do move back to the States. We currently have a fu…

What to do with proceeds from sale of home We recently sold our house but are still looking for another house (temporarily renting in the meantime). The proceeds are in the seven figures but it will all need to go into our next home whenever we find one. In the housing market where we’re looking, this could take several months. Considering the FDIC-insured coverage limits, would you keep…

What should I do with the proceeds from a home sale? I recently bought a new house and am expecting to close on the sale of my old house in a few weeks. What would you do with the proceeds in my situation? So here’s the cliffsnotes version: when I was 22, I bought my previous house in 2012 for 51k. I expect after all fees and payoffs to clear roughly 100k from the sale. The new home I recently pur…