Friends,
Help me I am so confused; 2006 Immigrant to Canada, and came back to my previous job at Africa, Re-enter again to Canda in 2008 and work for few places and found it very difficult,,,,, well with family and children and put my all money to buy a house....
Now Job less, and expenses are high, not getting full time job and money ??
I am stuck , seems I made a mistake to leave my Arica Job ,,,
Not able to decide what to do ?? shall I go back and sell this House ?, pay back the mortgae and loose big amount. , Or stay at try to survive...
thanks
s
Quote:
Originally posted by Victor9
Friends,
Help me I am so confused; 2006 Immigrant to Canada, and came back to my previous job at Africa, Re-enter again to Canada in 2008 and work for few places and found it very difficult,,,,, well with family and children and put my all money to buy a house....
Now Job less, and expenses are high, not getting full time job and money ??
I am stuck , seems I made a mistake to leave my Africa Job ,,,
Not able to decide what to do ?? shall I go back and sell this House ?, pay back the mortgage and loose big amount. , Or stay at try to survive...
thanks
s
___________________________________________________________
If you could sell the place you are living in, you will loose money currently. To live in that place you need a job. That is the current dilemma with a lot of people and if there is no job in sight, then you should sell and move back to a place where you have a base and some support. Do it early. Take the loss. But it is very difficult to sell and they will beat you down so low, you wish that you had never bought it.
If they ease the conditions of mortgage, you may be able to get a second or a third also and top it up. See if any one will provide you with relief. Then if you put it up for rent and move to an out of town location where the rents are cheaper then you can save yourself the agony of the mortgage and live even with minimum wage till such a time the situation improves. For this you have to be an optimist and learn to live frugally.
What they are saying in the USA is that there will be tent cities cropping up all over because no one has a job nor has money for rent.
Also there are other means of support you can avail through the social assistance system and get benefits from them. Don't feel bad about it. It is free and there is no need to return the benefits received. So find the nearest center and enroll into it. First see if you qualify.
Hope this helps you a little.
Freddie.
Location: Brampton, Ont, Canada
Posted on: 04-03-09 11:00:53
How hard is to find odd job if you cant find your dream job?
i am sure not everyone is going bankrupt ..
there are job in delivery, factory, fork lift, if u speak good English then telemarketing and so on.....
If you are ready to change your life style then what stops u ?
u said u put all your money to buy house means u had put big down-payment - m i right ?
we dont know how much mortgage u owe but if its is hard for u to pay monthly mortgage then re-finance it with lower rate ( no harm paying penalty) - may be u can re-fiance with xtra money so u can hv some cash to use.
selling house is not a good idea at the moment ,,,
if u really want to sale house there is some tricks that u can use... like offer them zero down payment or give them some xtra cash from your profit...u will find people
-----------------------------------------------------------------
'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)
