We finally sold our second home yesterday. Closed on it, and made a modest profit. For the past 8 years we have had the burden of 2 mortgages. Had tried renting the other house out, on and off, but all that created was expensive damage. I hated being a landlord.
Then when my wife was out of work those months with her spine surgery, don't know how we made it, because she got no pay (WC never made good on her wages) and all I have is SSD. Plus we had utility bills on 2 houses.
Felt blessed, as house was on market less than 5 months and the buyer was a cash buyer, so it meant no appraisal, no inspection, no termite letter, no financing, etc.
Feel such a financial burden has been lifted, as that alone eliminates over 1,000 a month coming out of our limited income. Feel like it was almost a miracle. From the date of the sales contract to the closing was only 15 days, and no snags appeared.
Just wanted to share a small piece of good news for a change.
David in SC