I crunched. Buy Out: $118,000 (that's AFTER my down payment is taken off, and nothing else)..
There are tenants in the rental now, so moving to the smaller place could'nt happen right away. The main house isn't that much bigger. Both places have 2 bdrms.
Main: bigger living area, 2 bdrm & office (not private; vaulted/open ceiling/door has thin-closet-doors. *Not really an ideal home for "sharing". Has a garage.
Rental: 500sqft 2bdrm. Tiny closets. As wide as a door.
We legally can't do AirB&B/vac rentals. That was our original plan, but an addendum was made so certain residential areas are not allowed to do so. Heavy heavy fines in the thousands of dollars if your caught doing so illegally.
I'm fortunate to have a paying tenant with a steady job. So many people struggling. This is one blessing through this. IF we did have a legal vac rental, we would have been out thousands from the pandemic. Tourisum shut right down. Just picking up again.
So that's that. I'm redoing my monthly budgets. I've done the numbers so many times.
I cant pay him off with that lump sum. He'd have to get payments. And I'd offer less. He'd probably want $100,000.
Oh what fun. I appreciate the cheer squad. I'm doing a little bit daily to push us forward. Lots of things listed to sell. If we havent used it...lose it. Also working on getting child care assistance. Got my health care assistance already. D4 is covered by xh. If that changes, she'll get help from my plan.
Geez! Chritmas is closing in! Zero gifts bought. Friday I'll get a few.
Be well. Be safe.
Last edited by CanBird; 12/16/2010:18 AM.
~Never Give Up ~ 2019 Mar BD June BD Dec Aow/xgf 2020 Jan he wants D Feb he flys2 ow Mar returns stuck here C19 Lckdwn Apr he leaves for work until Nov Oct D FINAL 2020 Living MY Happiest Life Ever
