I’m sure many of us can relate to the feelings of grief and pain that come with the loss of a loved one. Unfortunately, this is an all too familiar story for me. On December 9th, 2022, I lost my 21-year-old daughter to suicide. It has been an incredibly difficult journey since then, and it has taken me some time to come to terms with my loss.
I had been living in my current home for four years prior to my daughter’s passing. We had paid cash for it and then did a cash-out refinance for 3% during the Covid-19 pandemic. The mortgage payments had been a modest $1000 per month for the $188,000 home. The current valuation of the home is now $325,000.
The memories of my daughter’s passing have been too much for me to bear so I have decided to put the home on the market and start fresh somewhere else. I recently found a new home that will improve my quality of life and am currently pending under contract. I am fortunate that I can pay cash for the new home and avoid the higher mortgage rates.
The thought of selling my current home has brought up a lot of fear and uncertainty. I was worried that I was making a foolish decision to sell my home while I still have a 3% mortgage. I was also worried about becoming a landlord and dealing with the associated costs and responsibilities.
I want to thank everyone for their kind words and encouragement during this difficult time. Your words have warmed a grieving mother’s heart and validated my decision to make a fresh start in a new home.
The decision to sell my home was not an easy one, but it was the best decision for me. It will allow me to move on from this painful time and start afresh. I know that I will never forget my daughter, but I am hoping that the fresh start will help me begin to heal and move forward.