I made a serious mistake. I'm 28. I sold my childhood home for 160K. I had 155K in the bank @ that point. I bought a house (that I think I overpaid on) for 230K, I put 70K down. I went from owing 12K on the childhood home to owing 160K on the New Home (I beat myself up for that one).
Then, I realized I don't really like the house. It need's a lot of work. It needs a new roof. It need's drywall done, etc.
Then, I realized the prospect of staying @ my current job for the next 30 years depressed the crud out of me. I'm being offered the opportunity to live an RV, go to school, and essentially be a hippy for awhile. (I know, this sounds so millennial.)
I put my house on the market, and I know I will take a loss if I sell it. I listed it for 240K. I have an offer on the table for 200K. It's a BIG loss, I know. If I roll the dice, and go chase my vague dreams, will I be able to recover from this?
I have 60K in cash, 20K in APPL stocks, and 30K in 401K.
Submitted September 29, 2021 at 06:15PM by EscoCzar https://ift.tt/3oiGQIs