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Updated about 4 years ago,
MY VERY FIRST HOUSE AND I DONT KNOW WHAT TO DO!??!
HELLO EVERYONE!! this is my very first post, and it starts with a question... Should I sell or rent my home? Currently I own a ranch style home in Springfield, MA. The neighborhood has gotten less safe since 7 years ago when moved in. I owe ~85k on my mortgage and the home is valued around 189k. So I'm wondering should I sell the home and payoff all the rest of my debt ( credit cards, 2 vehicles, personal loan for bathroom remodel, etc.) and start fresh, or should we move and try to rent the home?