Should we sell or refinance? › Budget101 Discussion List Archives › Budget101 Discussion List › Should we sell or refinance?This topic has 0 replies, 1 voice, and was last updated November 21, 2007 at 5:58 am by Guest.Viewing 0 reply threadsAuthorPosts November 21, 2007 at 5:58 am #254376 GuestI don’t know if this is the place to do this, but mods will delete ifit isn’t. We have about 30% equity in our house. It’s a little morehouse than we need, although it is nice and in a nice area. We alsohave $30K in consumer debt, outside the remainder of our mortgage. Welive on one income ($45K). We could move to a less expensive house inthe area and pay off the debt, or refinance and ride this horriblehouse market out until it improves, not being able to save anythingand still have debt. The irony is that we have excellent credit andfico score. It’s almost as if being in debt helps this? I guess ifyou always pay your bills, it’s all good…at least that’s what my DHsays.Anyways, I realize this is just an opinion, not expert advice, butwhat would you all do?thanks!jill (newbie)AuthorPostsViewing 0 reply threadsYou must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In › Budget101 Discussion List Archives › Budget101 Discussion List › Should we sell or refinance?