Quote:
Originally Posted by JERRY2KONE
We're all in kind of a tough spot right now with our homes. We have a house in California that is upside down as well, but what can we do. So we have it rented out to a nice family to cover a good % of the mortgage so we just have to wait it out. We had to draw about $40K out of our 401K to do a complete renovation to the hoiuse just so we could get it rented out. Man did that hurt when we did our taxes for last year.
Thousands of people are also stuck in just the same way. They cannot move to another city for a job, because they are stuck in a house that will never sell under the present situation. I hope it all works out for you one way or another. We keep hearing hints of a recovery, but without some significant change in our Gov and economy I dont see how it is going to change anytime soon. I still think there is more trouble on the horizon. Especially looking at the presidential candidates we have to chose from.
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It's all good Jerry, I've got a job and my family is OK, things are very tight financially, when something goes wrong we are falling in a little deeper in the hole. So I'm doing my best to work extra jobs on the side to help stabalize that...
Compared to many others out there,,, I'm not going to complain, I just don;t have a quick and easy fix just like all of us in this mess.... Frustrating as hell!!!! But I'm employed, my kids have food and clothing, and we have a roof over our heads. That's what counts to me....
Now only if I can win that darn lottery, I just keep forgetting to buy the tickets as I don;t ever carry cash on me anymore... loll :cool:
Now what the heck is Robin doing about that site of his? Starting to look pretty gloomy if you ask me....
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