Saturday, July 7, 2007

diaster averted?

My husband wanted to buy a house, RIGHT NOW. He was going nuts he wanted us to have closing paperwork started by today. He talked me into looking and we saw a lot of nice places in our price range. He started filling out paperwork for the contract to negociated with the seller and I couldn't do it. It would be nice to have our baby in our own home but I wasn't ready for what it would do to our finances. I wasn't ready to buy a house yet. The one we were looking at needed some work too. It was his first favorite and my first was the backup. The house I wanted was newer and would need no imeadiate work, unless an inspections showed otherwise. It was full of brand new appliances too. In the other house we would have to buy all the appliances except the washer and dryer we already have, the carpet would need to be replaced before the baby is born, the cabinets would have to be replaced, bathroom and living room had to be repainted and possibly new drywall in the living room do to how many things they had had haing apparently, and the roof needed some new shingles.

Seeing that the roof needed new shingles really made me nervous. If you haven't seen the weather TX has been recieving an enormous amount of rain lately. Many people are in boats. So with this much rain and parts of the roof exposed...me thinks additional roof work would be needed. Both houses were located at the top of a hill and it was pouring when we looked at them, neither had flooding issues.

Ivy, our realtor, decided to stop the process. I hadn't said anything but she could see how tense and nervouse I was. I'm not ready to get in to a house that needs so many repairs right away. I don't have money for that. I don't want to be stuck in the army for 20 yrs so we can have the money for the house...which in 2 years we will probably have to leave anyways. Ivy said she thought it was a really bad idea to get into something that we weren't both 100% on. I'm glad she did. I wasn't feeling pressure from her, but a lot from chris. In the end we stopped completely. We are going to look at some different rentals to try and get out of the neighborhood, but worst comes to worst and we are here another 6 mo. It doesn't really seem like we have been here 6 mo. already.

This gives us time to get money together for a down payment, enerst cash, inspector, and a stash for surprises. Should we get something that does need some minor work, new stove or fridge I want to have the money to do it. It will also give us a little bit to continue to improve our credit.

Waiting also gives me the opportunity to make up my mind about whether or not to leave the army. If we had bought a house, I would have no choice.

In any event I can finally sleep again. This has been eating me up so much I've hardly slept in a week.

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