I follow Dave Ramsey and highly recommend his advice. We took Financial Peace and try very hard to follow his recommendations. He recommends no more than 25% of your income (including tax&insurance) go toward a house payment.
Good rule of thumb especially if you are in the midst of the Debt Snowball!... more
Hello, I am Beth a Realtor with 1st Choice Better Homes & Land in Fredericksburg, Chris's advice is great. Some other options maybe to contact Habitat For Humanity or the Salvation Army they maybe able to pick up some large items, if they are able to be donated. Another option maybe to sell anything left in the home with value to help offset the expenses of the clean out and repair. :)... more
Christopher, I am a little confused. If your home was foreclosed on, then how do you still have the same loan? If you can be a little more specific I you may get some answers you need. However, I would like to advise you to speak to a foreclosure attorney for some legal advise as well.