Friday, April 17, 2009
Stupid Housing Market
I hate the housing market right now. We can't sell our house for what we bought it for but adding on is turning out to be not as cheap as we want it. (Who said contractors are starving?!) I don't think we could rent our house out as well as buy a new place without have big monthly bills. It just makes my head spin. I just wish decisions like this could be easier.
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I know, its *very* frustrating. We were in the same predicament with our house so we did, in fact, rent it out & are looking to buy a new home in the area we want to live in. Due to the housing market & foreclosures there are plenty of renters. HOWEVER, we do still pay some towards our mortgage - rent doesnt cover the entire amount. We did the math & decided it was still worth it. :-/
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