I Can't Afford My Inherited House-Should I Sell or Hold On?
Briefly

A Reddit user has inherited a house amidst personal losses and financial uncertainty, feeling burdened by the associated costs. Covering the expenses consumes a large portion of their monthly income. Following discussions with fellow Redditors, the user is advised to keep the house, as its mortgage of $1,100 monthly is considered excellent compared to current market rates. Suggestions include finding a roommate or taking a second job to alleviate financial strain. The consensus is that selling the house could lead to greater regret given rising housing market challenges.
"Do not sell that house. $1,100 in housing costs is unheard of, and you won't be able to beat that anywhere in the near future."
"With today's mortgage rates still well above 6.00% and with rent costs and housing costs rising nationwide, giving up such an affordable property would likely be something that the Redditor ends up regretting."
Read at 24/7 Wall St.
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