Join Date: Jul 2005
Location: The Room of Requirement
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The biggest issue is the huge credit card debt we've piled up because of this house. We were supposed to havea 5-10 year guarantee on certain things for our USDA loan and basically the owners made everything look pretty and the inspector missed HUGE issues. Like the roof flying off within the first month, the boiler system being rusted entirely through, the porch caving in, pest issues, etc. So were were told these wouldn't be issues for our low-income rural homebuyer loan, and we were lied to. It's too late for legal reprecussions (I contacted the bank within a couple weeks of moving in and they said I had no legal recourse and I stupidly believed them), and we are hoping to sell the house and rent for awhile to regain our footing. But so much needs fixed to sell. The market here sucks and it's market value is about what we bought it at, so we will actually take a loss selling from realtor fees since we've paid $40k in interest and only $4k towards capital. It's just horribly upsetting.
And now I look into our medicaid and we might lose our state medicaid if I work since we're near the line. Dh's health insurance is $1600/month through work, and that's 60%+ of our income. We can't do that. I just don't know. I wish there was a way to "buckle down", but we really don't waste money as it is.
Dh did tell me to quit the job last night. We will have to cancel on our entirely paid for free vacation with family-our first real vacation ever. And with the insurance and tax issues, we will probably end up with LESS money if I work. Ugh. I would hate to quit when I'm in training, though. It doesn't seem right to leave them high and dry like that.