My husband and I have just moved to a home 40 minutes outside of Springfield, MO. We were excited at first because it's a beautiful home with acreage. Now, we feel stuck and isolated because its so far away from everything. We feel that we can't move because we don't have equity built in our home and we don't want to hurt our credit by only owning our first home for under two years. We also want to move sideways not down. Meaning, we don't want to lose some of the amenities we have come to enjoy like our yard and two car garage. What can we do?

Consider a trade with someone wanting to move your way.

You can admit you took a loss, sale for what you can get and move on.

My wife insisted on acerage a few years ago. I am not taking care of acerage, I have trouble mowing .10 acres or my yard. She said she would mow it. The deal was go and mow your dads yard for a season and we can talk. Daddy in law was happy, it lasted 2 months.

My wife insisted on a pool. I bought a cheap above ground pool that needs maintained dailey. I'm not doing it, she insisted that she would do it. It was to much work, no enjoyment, we have friends that allow us to use their pool, it was a cheap lesson.

Now she wants to move to a property where she can have a horse. We have NO idea about horses. So the deal is go take care of a horse, pay for the feed, shelter, whatever it takes for a year and I'll consider it as long as I maintain an apartment in the city, I don't want nothing to do with it.

Its just a property. Don't focus on loosing, moving sideways, focus on being happy.

REO my wife wants a horse also. We already have the acreage and we grow the hay to sell. But I don't want to take care of the horse. She says she will. uh huh. When it's 0 degrees out and snowing guess who will be out feeding the horse.

And for K-li. I don't think you will hurt your credit at all for owning a property for under two years. In fact it will help it. You will have made all the payments and then paid off the loan. How is that going to hurt?

you are just having a little buyers remorse which is natural and should pass;

try to relax and enjoy the place, after all it must have offered what you were looking for in order for you guys to buy it;

if you really don't want to stay there, have you considered renting the place out while you rent some other home?

is 40 minutes really that big of a deal?

I agree with ColoBroker -- if you sell and pay off the mortgage in full -- that is a plus on your credit reports, regardless of the length of time you lived there

If you can afford it sell the home, if you can't just wait to build an equity.

I would take up some new hobbies, seriously. What ever you have always wanted to do, do it now. When you move back to having neighbors, they will be in your business and it will irk you.

Sounds like you are having some buyer's remorse. Try to relax and remember why you wanted to move out there in the first place. Perhaps you can garden and a couple of dogs romping in the yard. Give it time, if you simply cannot stand living there you always have the option of renting it out (since you say you have little equity) and moving back to the city.

Sounds like you are in quite the sticky situation. If your home will sell then you can always take that approach. The only thing you must realize that if the only thing that is really bothering you about your house is location. It sounds like you enjoy the rest of your amenities you have accrued. It all comes down to sacrifices because the closer you move to your destinations most likely pricing will go up and your specific amenities will decrease. Is the closer location worth these changes? Well, that is up to you.

Tommy Lorden

www.coloradocommissionrebate.com

If you can afford to move, move. Be happy where ever you live if you can, two more years will not build up much equity unless you are making extra payments.