DoggerBogger

The house I wrote about last time: I actually went ahead and signed the sales contract – then changed my mind a few hours later.

Legally, you have three days to back out and I’m glad I did. The house was a nice house, but the location was stupid – which is why is was so affordable. There’s a reason nobody says “floor plan, floor plan floor plan”.

I’ve been waffling back and forth on it – but house buying is on hold for me. For at least a year.

1. I’ve only recently got out of debt and I need to save money right now.

2. I’m in business building/career rebuilding mode and I don’t need to needlessly tie myself to a location.

So, for now, no house.

The house will be better when it’s right. Right means

1) I can afford it – not barely afford it.

2) I feel good about committing to a location.

Not as good as I thought it would be. She’s fine – it’s just a waste of money.

I think her eating ideas are dumb.

I know what I need to do. I don’t need her – but I am going to finish out the next three sessions because I paid for them.

Besides, it’s more exercise than I was getting previously (none).

There’s nothing wrong with the idea I guess- it’s just too expensive.

I’m glad I tried it.

I really, really need to get into a regular exercise routine – and find work that I like.

I actually put a “hold” on a new house today.

I wrote a check for $100 and I offered an amount less than the list price. I’m waiting for an answer. Either way, I can get my $100 back if I decide not to proceed.

Even if they counter with full price, it’s still not a bad deal.

They only want the $100 as earnest money. So, even if I sign the sales contract, I’m only out $100 if I decide not to go to closing.

I’m conflicted about it.

On the one hand, I really want a house. Really bad. It’s a nice house. Not too expensive so that it’s scary because I can’t afford it. But, not so low priced that it scares me because it’s just horrible. It’s in the middle. Just right.

On the other hand, my job isn’t stable. I could get fired soon. I’d use up all my savings to buy it.

On the third hand, if I don’t get fired or replace my job with a job that pays the same or better, I’m living on half my salary and can save. In other words, I can afford to have my salary cut in half and I can still qualify for the mortgage. I could afford to have my salary cut even more than half and still afford to pay. Not comfortably, but still pay.

I’m running out of hands, but on yet another hand, buying this house, or any other house, reduces flexibility on where I can work. If I take a job out of state, I have to maintain two households or rent this house.

They will counter with something tomorrow. Naturally, if they accept my offer, I’m expected to sign the sales contract.

I’m glad I didn’t buy that other new house I looked at. This one is the same price (if they accept my offer) and it’s far better. House wise anyway. I still need to examine the location in more detail. Seems ok, but I have more research to do. Besides I have over a month before closing to research away and only be out $100.

But house wise – this one is way better. Bigger. Better floorplan. Although the other one did have some nicer upgrades. Overall, the new house is much better.