Q:I have been unemployed for about six months and have just secured a job in another city. I will reach retirement age in about six or seven years. I will most likely not retire in the new city I will be relocating.
Should I try to sell my current home and purchase a home in the new city? Or should I rent my current home and then rent something in a new city?
My home does need some work (new roof and painting, etc.). My home is worth about $200,000 and I owe about $75,000.