Moving back and forth from Tennessee to Alaska, Michael Rogers and his wife Christy have twice been stuck simultaneously paying a mortgage and rent.
Once, in 2006, the situation dragged on for eight months, finally ending when they sold their house in Tennessee for $20,000 below what they’d paid for it.
Other adventures in homeownership ended well — the couple doubled their money after selling a fixer-upper.
The couple just renewed their lease for a third year, and have decided to remain renters for good.
Mr. Rogers, a construction manager, likes the convenience of being able to move when a job calls.
Persons:
Michael Rogers, Christy, homeownership, Rogers
Locations:
Tennessee, Alaska, Kingsport