House Sold
After a year and a half of us trying to sell our old house, we finally did so, a little while ago. What a huge relief that is. Although we had decent renters looking after the house, our costs exceeded the rent and in 18 months we have chewed through a substantial chunk of savings. At points it was touch and go if we would have to foreclose on the property, as millions of other pour folks have been forced to do; but in the end we got through safely, and at last the house is sold.
Never again shall we take equity out of a house to buy a new one, without selling the old one first, although in our defence, everyone was doing it and we weren’t to know that the market would take its biggest plunge in decades.
It’s a relief to have just one mortgage again instead of 3!
