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Pam Cameron's Advice

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Pam Cameron wrote:

Separated- likely getting divorced. House needs work. Should I sell?

Answer
First of all thank you for being brave enough to ask for help. Lots of people wait until it's to late....Procrastination is a friend to all of us!I agree it is important for you to seek legal advice so that you and your investments are safe and that you understand your rights. Now on to your home. If your finances will not allow you to stay in your home comfortably for the next 6 months to a year, I would say to sell now. None of us have a crystal ball, so we can't tell you that the real estate market will come back in 2-3 years, it could take longer.That certainly depends on where you live and how real estate is doing in your part of the country/world. So to give you that hope is not realistic. You may need to deal with your investment now and give yourself a "fresh" start....you deserve it!A "fresh" start will give you the opportunity to move on to the next phase of your life and begin making "new" memories! :)  Best of luck to you!!
June 13 2010
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