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Money 911 is Back

Posted by Jean

Watch the video below for answers to your questions about real estate investing, life insurance, and those rising credit card interest rates.

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I have a question on reaching our goal to winter in the south, and summer here in northern Mi. Our home is presently on the market for $199,000. We bought the home in 2/07 for $185,000. We have approx, $80,000 in investments, a trust of approx $200,000. A credit card debt of $10,000 and automobile debt of $12,000. We have approx $27,000 in equity. If our home sells, which will probably be at a loss by the time all is said and done, what should we do? Diane
- Posted October 5, 2009 by palmateers1995