Monday, March 2, 2009

Scrambled Cerebrum

How do people manage to buy a house when they still own one? Real estate ventures seem so confusing to me! John and I are considering making an offer on a foreclosed house and even just thinking about the whole process is frying my brain. :) We don’t want to sell our house until we know we have a place to live, so that means we’d have to have two mortgage payments for awhile (providing we can even get approved for a loan). We could swing that for awhile, but come December, we’d have to start forging for berries and hunting rabbits (unless I happen to get a full-time online teaching job, which I’m trying to get). Houses have been selling in our neighborhood, and the real estate agent we’ve spoken to acts like our house would sell within a few months, but what if it didn’t? Maybe we should try to sell our house first and hope that the house we want to buy is still on the market? Then we would probably be homeless for awhile. Plus, we want to make really low offer on the foreclosed house that the bank probably won’t even accept, so there’s no real reason to even be thinking about this. Probably none of this rambling makes any sense. That’s what’s going through my head right now though. Nonsense. Have a nice day!


Rachel said...

We'll be praying for wisdom - I had been meaning to call you all weekend to ask what you guys had decided to you!

Jennifer said...

You could make an offer contingent on the sale of your house. Although I don't know that you could make that fly on a foreclosure. But I guess it's worth a try, right?

Heidi said...

How stressful! You just never know what could happen in this market. I wish there was a way of predicting it! Good luck on your decision, I am no help whatsoever!