So one thing I have been thinking of A LOT lately is how much I have in available funds. I currently have 18k in savings and 41.6k available in my Roth. I anticipate netting 22k or so from selling the truck, which will be a quick sale. Also I hope at least 20k from selling the 5th wheel, but that may take longer to accomplish. More on that below. And then of course as soon as I am separated from my employer, I will have access to the 25k in my 457 plan, although I hope to not touch that this year. So that is 18k +41.6k + 22k = 81.6k which I can count on having available immediately, plus another 45k which will be on the horizon. I'm not going to lie, I wish that I had more. I am trying to buy a house plus live on this money until I find a new job.
I have been mulling over the idea of taking a personal loan someplace, to cushion my bank account. Of course, this is something which will cost me money. I'm not really certain I want another loan, but once I am no longer employed it will no longer be an option. If it turns out that I need a loan, it will be too late. Of course, I can always use my credit cards to pay for necessities. But this is not an appealing idea if I lack the funds to pay for my charges; a loan would likely be less expensive. So I have looked online a bit and the best deal I could find was with Citibank. On Friday, I accepted their loan; my check is in the mail. The terms are no origination fees, 11.99% interest, a 5 year repayment schedule, no prepayment penalty. When I receive the funds, I will throw them in savings and that will reduce the cost. Once I have a job, paying off this loan will be a high priority.
I have my eye on 2 houses listed for sale, both at 59k. The one which I like the most has recently been completely re-done inside. It is small, only 800 sq ft, but it is on 1/3 of an acre, unfenced. The other is a bit larger at 892 sq ft, but sits very close to the neighbors on both sides. It has a covered front porch which I just love and a fully fenced backyard. If they are still listed when I go to Illinois in September, I will see them. And I will keep updating my list between now and then.
I have some friends in my old area who camp a lot. The husband is very knowledgable about vehicles in general, including travel trailers and 5th wheels. If necessary, he will keep my 5th wheel and handle the sale, for a commission. I offered the commission, he did not ask. It will be a chore, so I wouldn't feel right about not compensating him for his time and trouble. I trust these friends completely and have no fear that he would cheat me in some way. Of course, I would prefer to sell the 5th wheel myself and quickly, but in case it does not work out that way, I do not want the 5th wheel holding me up from heading to Illinois.