Our enormous gamble paid off.
We found a new house to purchase, went under contract, went to settlement, and only then did we put our old house on the market. Fortunately we got multiple offers within a week and we are now living in the old house until it sells and fixing up the new house.
Now we just have to keep our fingers crossed that the sale on the old house will go through without a hitch. And we have to fix up the new house quickly so we can move in. And we have to adjust to heating and maintaining a larger house. And we have to adjust a larger mortgage payment. The old house has a payment of $585 per month. The new house has a payment of $1320 per month. Ack! But much of the difference will be made up by not having to pay preschool tuition any more, since our son will be in public school in the fall.
Fortunately, we're still employed, although one of my employers has been trimming hours a bit. So far I've lost only a little bit of work.
And now I'll subside back into defunct-ness. I hope the recession isn't hitting any of you too badly.
08 June 2009
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