Asked by Ron, San Diego, CA • Mon Mar 10, 2008
We were not able to sell our home in central California, so now it is rented for half of what we pay for the mortgage because we weren't able to get more than that. We are renting a home in San Diego now. So we have double mortgage. If we sell the house, then we won't make anything out of it. We would just be getting rid of it. No equity for us to get a sizable down payment for a home here in S.D. Any suggestions.
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