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i feel like i've spent the weekend processing what i'm losing by walking away from this marriage (something that came up in therapy last week), and a solution came to me regarding some financial stuff that involves a serious sacrifice but ultimately makes things simpler.<br><br>
two years ago, my dad convinced me to move because our house was "too small" and he was at a point financially where he could help me out, but would not be in the position in the near future (like, now) because he would be starting a new company so his assets would be tied up. i agreed to it, and this was the deal - he'd pay cash for our new house; when the old house sells, we'd get a mortgage on the new one to pay him back. it took a long time to get the old house fixed up and ready to sell, and now it has been on the market for a long time (with the price dropping from $90 to $85 and finally now to $77k). it's just not selling, and i feel miserable owing my dad for the new house. plus i'm paying taxes, insurance and utilities on both houses. i hate the whole situation and have frequently regretted moving, even though i love the new house and especially the new neighborhood. i loved the old house too (although it's half the size, at 700 sq ft) and the neighborhood was okay; not my favorite, but very convenient.<br><br>
my solution is to split up with stbx, move back into the old house with the kids, and sell the "new" house (with the proceeds going to my dad). once the divorce is final i'd have to refi the old house in my name only. there is some humility involved in moving back into the old house, especially alone. i don't really mind though. it's easy enough to understand: it just didn't sell, so we had to sell the other house instead.<br><br>
i have to talk to my dad about all that but i think he'll agree that it's a decent idea.
two years ago, my dad convinced me to move because our house was "too small" and he was at a point financially where he could help me out, but would not be in the position in the near future (like, now) because he would be starting a new company so his assets would be tied up. i agreed to it, and this was the deal - he'd pay cash for our new house; when the old house sells, we'd get a mortgage on the new one to pay him back. it took a long time to get the old house fixed up and ready to sell, and now it has been on the market for a long time (with the price dropping from $90 to $85 and finally now to $77k). it's just not selling, and i feel miserable owing my dad for the new house. plus i'm paying taxes, insurance and utilities on both houses. i hate the whole situation and have frequently regretted moving, even though i love the new house and especially the new neighborhood. i loved the old house too (although it's half the size, at 700 sq ft) and the neighborhood was okay; not my favorite, but very convenient.<br><br>
my solution is to split up with stbx, move back into the old house with the kids, and sell the "new" house (with the proceeds going to my dad). once the divorce is final i'd have to refi the old house in my name only. there is some humility involved in moving back into the old house, especially alone. i don't really mind though. it's easy enough to understand: it just didn't sell, so we had to sell the other house instead.<br><br>
i have to talk to my dad about all that but i think he'll agree that it's a decent idea.