Showing posts with label finances. Show all posts
Showing posts with label finances. Show all posts

Monday, August 8, 2011

Money Monday

Well today is Monday and I'm talking about money.  I received my tax assessment in the mail a couple of weeks ago and was utterly pissed.  The value of my home has gone down again. I hoping/praying/wishing that it would at least hold steady but the joke was on me. So after careful consideration I've decided to do a "strategic foreclosure" on the property.  In the beginning I was SCARED about messing up my credit but in the end I am tired of throwing money away. 

Since I am/was a real estate agent I have thought about this and I know the market is not going to change anytime soon. When I purchased the house my intentions were never to live here this long (7 years). However due to the economy I was forced to stay here.  While in school I will be living on campus so I will have a place to stay the next two years.  When I finish school I will be a renter or live in my other property (my childhood home). I really think my Atlanta days will be over when I finish anyway so I keep asking myself  'why keep this house.'

If I was married or had kids I would keep the home but I have neither.  I have decided to never buy another piece of property until I get married. This shit is not for single women.....I am completely over owning a home.

I think I am going to use You Walk Away to assist me through this process.

I will be sure to keep you all updated on the process.