Hi. How're doing?
6 days into April and not a word. Sorry. I have been a big jangling ball of stress and nerves, yelling at everyone even strangers all the time. Eating my face off. Not being able to concentrate on a HUGE project I am working on that I NEED to get done by April 25, and it's not looking very likely unless I GET IT TOGETHER.
I have been so, so stressed about our house sitch. Should we suck it up and write a huge check at closing and walk away from our entire savings account? Rent it out instead of selling and keep our cash and minimize our tax liability but still lose money slowly and have to deal with the stress of being landlords? If we do rent it out, do we hire a property management company or maverick it? Is anyone even going to ever buy the damn place? I used to think that once we had enough money to take a loss of the house, we'd be able to sell, but that does not look like the case.
And then what about the other end? We have missed out on 2 houses we really liked and were genuinely sad when we heard they had accepted offers, but we don't want to rush into making any offers because this is supposed to be a buyer's market, damnit, so we want to find the right house at the right price. Lots of people are underwater like we are but are trying to sell their houses for what they owe, not what the house is worth, and we are not getting screwed on both ends of the deal if we can help it.
Should we keep stretching for that perfect 4 bedroom house with plenty of room to grow up in so we don't have to worry about moving again, maybe ever? Or do we buy one of the many smaller, perfect-for-now houses we have seen and look for something bigger in 5-7 years while enjoying low payments in the meantime? Also, exactly how much can we/ do we want to fix up-- I mean, are we really looking for anything beyond new blinds, new floors, and some paint? Or screw it, maybe we should just build exactly what we want.
So yeah. We are tying to answer all of these questions, and they are keeping me up at night.
Saturday was a lovely day-- a little windy, but in the low 50s. We went to the zoo, but when we got there we saw half the town had the same idea. Instead of pushing through the crowds, we went for ice cream on campus at the lake, with the other half of the town.