That would be ME! I don't believe I am alone these days when I say I feel like a prisoner in my own house. The truth is, I am not happy living in my current home anymore. My house is large and presents too much of a responsibility for two career minded people who are off working most of the time.
On the surface, life appears to be good. But, we are imagining ourselves in some other place right now. Like a condo or townhouse.
Our plan was to only live here for 5-7 years. We needed the space when there were two teenagers living with us. I can assure you that raising two teenagers is only sometimes fun. But, fun or no fun - the time did fly by. And, now it's time for us to think about ... well, US.
And, just when our time became OURS...
...just as we started feeling like the time had come to think about selling...
...the real estate market shifted.
And, 9 1/2 years later, we're still here but our heart is somewhere else.
NO, I am not upside down on my mortgage. I can even afford to sell at a realistic price and still have hefty proceeds from the sale. We would not even be taking a loss. But, I've done the math. My house needs some work. So, the first place we thought of turning to was our savings. At first, we were even willing to pay the penalty on our retirement accounts. But, when we found out how much our nest egg had shrunk. No way! We don't want it to shrink any more than it already has, by taking more money out of our accounts to improve our home so it will sell. When it comes to our assets, we are trying to protect what is still there. And, because I am a real estate agent - there is not enough cash flow these days for the necessary home improvements that are needed to get our house in a marketable condition.
So, as I write this post from my 3000+ square foot jail cell, I guess I am resigning to the fact that I feel like a prisoner in my own house.
Drats! I guess we'll be staying here until I sell a few more houses and the economy improves. At least I can say that I love my husband very much - and despite it all, he actaully make a nice cellmate!