I have gone through a personal loss and I no longer need the house size or car that I have.
Easy question first, can I roll my negative balance into a car trade in? I have a ~$48k balance on a ~$43k KBB valued car. How little down will a dealership take for a trade in at 5k loss, plus taking home a $10k car? Credit/FICO is over 700.
For the house, how can I move out if I can't cover the cost, or afford to live somewhere else while this house sits on the market? The house is worth at least $100k more than the mortgage, but I don't know how that helps me before I sell the house. It's also a high priced house that will likely take a while to sell, which I know only hurts my situation. What are my options? Thanks for your time.
Submitted January 02, 2020 at 06:55PM by CFOGetsPaidFirst https://ift.tt/2QgM06q
