i dont know what to do about my house?
Byi bought my house 4 years ago for 182,00.. it is a multifamily home, with 2 bedrooms downstairs, 3 bedrooms upstairs, and an efficiency apartment on the third floor… the house needs major work,, the reason i bought such a big house is because my in laws moved in with us. heres the situation, I want to live alone at this point, they have kind of completely taken over the house, everything except the floor i live on. i feel like i am a child and they are the parents and i am living in an apartmnet. it does have its perks because i dont have to pay for a sitter, my mother in law watches the kids while i am at work, and they help with cost of repairs for the house and pay rent, but i kind of feel like i am suffocating, and that i dont have my own home… the other thing is the house needs a roof, driveway, new furnaces, windows, the floor i live on is not insulated so utilities are crazy high, our water bill is 600 alone, every 3 months, gas is about 250-350 a month and electric is about 200 a month.. we are going through a hard time finacially andi am having a hard time running the house since my husband was laid off. our bathroom is gutted so we are using my in laws and the flooring is horrible – we tore up carpet because we were doing remodeling before my husband got laid off… it looks so awful that i wont even let my son have friends over because i am embarrased.. heres my question. i want to sell the house, i dont even know if i would get enough to pay off the loan. but i know i cant afford the house anymore, it would need about 50,000 worth of work to even be able to rent it out.. the only thing stopping me is my in laws. the lost there previous home that they lived in all their life, and we bought the double to be able to accomidate them, under the agreement that they watch out children when needed. i gave them the larger nicer floor of the house, and have been very giving about the whole situation. I am afraid to sell and make them move again, they are elderly and were not planning on ever moving again. but i am drowning finacially and i am just not happy there. i dont know what to do. my husband feels the same as me- he doesnt want to make them move but he knows we are never getting ahead in this house,, and it is not the home we want to live in.. we cant buy another house right now without a huge interest rate because we have been forced to file bankruptcy from the lay off… but we were thinking about renting something we could afford for a couple years till we repair our credit and can buy a smaller more resonable house.. i am so confused and feel so guilty to spring this on my in laws- should i suck it up and stay because i made an agreement with them or should i just move…