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"Liquidating" a house is slow and relatively expensive. You're probably losing a decent chunk of that $100k if done in a rush (and of course, you need somewhere
by mattkrause 7y ago
"Liquidating" a house is slow and relatively expensive. You're probably losing a decent chunk of that $100k if done in a rush (and of course, you need somewhere else to live too).
Another chunk of that $100k is probably tied up in a car, which has the same problems.
- ikeboy 7y agoSure, but credit is cheap and easy. You can get a HELOC easily.