We are facing a $70,000 loss! OMG!
Just got estimates on that crap property to get it sell-able...... the BEST estimate was over $50,000. So we shopped it out as a fix n flip.... but they won't even give us the $112,000 we owe on the loan, so we would not get any of the down payment or losses on it to date back! But since we don't have $ in the IRA to do it ourselves, we may just have to suck it up and lose almost $70,000 on this one property.
Bottom line, I don't know how Tom and I can survive retirement without selling our home... I am so depressed!