My brother closed on his ‘new’ house today. His mortgage is $950 a month, which seems pretty expensive for a 168k 2 bdrm house.. especially in a market that’s supposed to be so cheap.. but you add in $190 taxes every month from the city, and home insurance and the monthly price skyrockets to $1300.
Upon hearing that, I knew Thomas and I wouldn’t be able to afford anything in this area that wouldn’t be either a run down rat infested shit hole, or the nicest house in the ghetto.
That was after things were finally looking up with the whole credit situation.. kind of. We figured out if we just didn’t put my name on the loan, we’d only have to pay one of the bills in collection for Thomas equaling $150, and we’d be approved.
Then comes news from the real estate agent that we’d have to have 1% of the total loan in our bank account (I do, Thomas doesn’t), and if we actually found a house we could afford, we’d have to pay for an inspection ($300), an appraisal ($500), a ‘good faith’ payment to hold the house (about $500).. among other fees. That’s a lot of money, BEFORE even getting to closing costs and beginning to pay your actual mortgage. All money we do NOT have.
This all happening on the day where i’m sitting downstairs freezing my ass off because of how drafty all of our windows and doors are and the heat is turned up to almost 80 freaking degrees. So now what to do? We do NOT want to stay in this crap hole.. but moving into another rental unit, that will almost definitely be smaller just to have a less crappy place doesn’t seem all that appealing either.
If we’re going to move.. we want to move into a place we plan on STAYING at. Moving all of our crap with a small child and 2 cats only to have to move again seems totally absurd.
A huge part of me is incredibly jealous that my brother can move into a house and we’re stuck in this crap hole- even if I would have never bought the house he did.. it’s still a house. Something to call his own. It just feels like it’s never going to happen for us at this point.
Our lease is up in a little over a month and we have no idea what we’re going to do.
Finding a rent-to-own would be a perfect option, but let’s face facts.. there aren’t many of those around these days. People want to just sell their house as quickly as possible and be done with it.
I really don’t know anymore.. I’m at a serious loss.
Have I mentioned lately how much I hate the holidays?
You wouldn't sniff a stranger's butt to see who pooped their pants.... so you probably shouldn't do these other parental things to strangers, either. holdinholden.com/2017/12/weir…
Weird Things you do for your kids but not Strangers goo.gl/fb/oVuwvG
Tis the season! pic.twitter.com/5VgMLnt22E
I am weak pic.twitter.com/LYdRQ6EZcC
You know that feeling when you don't chew a chip all the way and it cuts you all the way down and you swear it's gonna kill you, but you go ahead have another right after? That's what it's like when you decide to have another kid.