Sometimes the mistakes we make are hard to live with. Sometimes they are hard to accept and we'd like to blame others for our misfortune. Sometimes we just have to deal with it and move on and consider it a lesson learned. That is what we are facing today.
We signed a purchase agreement with a buyer, who is a mobile home dealer. We lost a lot of money on that house, but we couldn't go on any longer with the way things were. We were getting deeper and deeper into the hole and missing payments to our debtors. So the good news is that we will have enough to pay off all our credit cards and also have enough for Jake's mission. The bad news is that we won't have anything left over to splurge on several things we have on our list, such as a wood burning furnace to help save on propane heating costs, electricity to the garage, or a motorcycle for Joel to use for commuting to work and save on gas money, etc. But paying off our creditors frees up money for us to save for those things on our list. So we may not get them all now, but we have the ability to save for them, so that is good.
I'm thankful that we had the option to sell to a dealer, at least that's better than sitting on a house we can't get sold and paying thousands in lot rent and house insurance and getting deeper and deeper into late payments to our creditors. Hopefully there hasn't been too much damage done to our credit scores in the last couple of months that we can't recover from them in the next year or two.
So glad you were able to sell it. Moving on is better than sinking deeper. You did the right thing! And how great to be free of those credit card debts! Celebration!!!!
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