Mobile home mortgage

[Petstacular]

Bought a decent used mobile home 2006. In 12 yrs I have mostly paid interest, min on the principle.  The home is literally falling apart and although I've made a lot of repairs, more keep surfacing.  I can't sell it the way it is and can't possibly make it new again, the floors are now not sections of soft/wet areas, but almost all over, except areas I've already replaced, which showed no insulation and no support.  When removed sections, saw right down to the dirt underneath.  

  Still owe $29,000, which prevents me from buying a new efficient mobile home.

feeling very stuck.

  Any suggestions or advice would be greatly appreciated!

[Carl]

Really would help to have more information. 

 - Are you married?

 - If so, does your spouse work?

 - Any kids? if so, what are their ages?

 - What is the household take home pay each month or year?

 - What's the terms on the mortgage? 15 years? what's the Interest rate? 

 - What about the land the home sits on? Is it included in the mortgage? Or is it paid for and owned by you?

 - What other liabilities do you have? Car Payments?

 - How many cars and what year?

 - Whats the balance on each car?

 - Need some details on any other debt too, especially credit cards. 

 - If you did a garage sale next weekend, after looking around to see what you could sell, what do you realistically think you could make?

I've a few ideas and suggestions that depends on your responses to the above. None of them are easy, but they are doable. It's easy to wander in to debt. But you can't just wander out. Getting out of debt so you can get into better accommodations will take deliberate sacrifice on your part. But the sacrifice doesn't last forever.