Kept the house in the divorce and now I'm drowning in repairs

I got the house in the settlement last year in Portland, but I had to choose between keeping it or taking a cash payout. I picked the house thinking I could handle the maintenance, but it's already cost me $4,000 in plumbing and roof fixes. Has anyone else regretted keeping a big asset just because it felt like the right move emotionally?

2 comments

2 Comments

vera_campbell17d ago

$4,000 doesn't sound like drowning to me, honestly.

jordang3217d ago

Add on that $4k is just one payment though. People forget that's due every single month for years after buying. For most folks, $4k a month is more than their entire paycheck, especially with rents and grocery prices the way they are now. You're talking almost $50k a year just to keep the car, before you even put gas in it or pay insurance.