Post by emanon on Nov 13, 2015 3:39:21 GMT
Background...
We currently own our home...well us and the bank. We've been in it for almost 15 years, will have it paid off in less than 5, and it has appreciated in value. We have both decided that it's time for us to move on to a more functional house rather than the starter home that we have.
Now the "am I crazy" part.
We found a neighborhood that we absolutely love. The style of the homes is perfect and really speaks to us. The builder is amazing. Downside - they are almost sold out and lots are going fast!!
I am starting a new job and my income will be enough that I can carry the mortgage on a new house on my own. I suggested that we go ahead and start building and I will carry the new place it until we do repairs that are needed and sell our current house.
DH looked at me like I was insane. Now I"m trying to figure out if it was just because he hadn't thought of that as an option or if I really am crazy and just don't realize how bad an idea this is.... Is this a bad idea???
We currently own our home...well us and the bank. We've been in it for almost 15 years, will have it paid off in less than 5, and it has appreciated in value. We have both decided that it's time for us to move on to a more functional house rather than the starter home that we have.
Now the "am I crazy" part.
We found a neighborhood that we absolutely love. The style of the homes is perfect and really speaks to us. The builder is amazing. Downside - they are almost sold out and lots are going fast!!
I am starting a new job and my income will be enough that I can carry the mortgage on a new house on my own. I suggested that we go ahead and start building and I will carry the new place it until we do repairs that are needed and sell our current house.
DH looked at me like I was insane. Now I"m trying to figure out if it was just because he hadn't thought of that as an option or if I really am crazy and just don't realize how bad an idea this is.... Is this a bad idea???
