Where to put funds from a House Sale

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I am living with my husband in a rental in a HCOL area. We are quite lucky to have our rental for the rate, area, leniency of the landlord (we have a zoo of different animals). We have to live in this area until our kids are grown (custody and parenting agreements)

I am working to list a home that I own in a LCOL area. After fees, and paying off two of our car loans, we should get $50k in savings.

We really have no hope of purchasing a new home right now with the current housing market. The only debt I will have after the sale of my house is about $27k in student loans.

Where should I park this $50k from my house sale? What are my options?

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parmiseanachicken

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Posted: 1 year ago
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