September 13, 2005
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Days over...just waiting for Rob to come.
I keep forgetting to share this, something to definitely smile about.
While its loading, still thinking. I'm amazed how excited my mom is about the move. She rather hates our house we live in now. *Snigger* Okay, not the right word. She just sees all the projects in it that need to be done, and how rather squished we are in here. She would love to see us take out a second and "fix" all the things wrong with it still. Unfortunately we for her we won't. LOL We have felt very strongly about staying out of debt...which is rather funny thinking about what we're considering doing right now.
Because temporarily there's gonna be some huge debt if we do things as we are currently planning......
Ideally the *best* plan would be to get a six month lease on the "new" house with a option to buy. This would give us time to sell our house AFTER we get out of it. I just can't see trying to sell it and keep it showing ready with six kids...it just wouldn't be pretty.
But wether the individual would even consider that I have no idea.
So currently the plan is to take a equity loan out on our house to get the down, and then get the financing for the new house. (I think.) Sound confusing? It is. *giggles*
If the owner would consider owner financing that would of course cut a bunch of paperwork corners, but we don't know if he will, and won't until Wednesday. So we keep planning for all contingencies.
Sounds rather like we're doing this doesn't it? LOL That's cause we're seriously considering it........
Anyhow my smile picture;
Comments (2)
We were just discussing moving in about 5 years. I love my house, but I do want something a wee bit bigger- not because we are outgrowing like you, but because I just want something a wee bit bigger (we are currently at 1556 square feet- more of a starter house size in my opinion). But I think house debt is good debt if its the only debt you have. I know you two are stickler on debt- good for you!
I pray this is the right course!
I hope your road goes smoother than ours has! It would be much easier to sell the house if it was empty. Trust me, it is NOT fun to try to get 4 children to not make a mess, much less 6. Good luck getting the new house!
RYC about our house...the description on the web page says that this would be the perfect house for the handy man, and they could stamp it with their own colors, etc etc. Plus the realtor stresses that before they come. Irritating!!!!
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