One step forward, one step back.

[nockergeek]

We talked to our loan officer today about what our funding options are. Since our plan is to sell the house soon, a refinance isn't likely to happen, or to be of any real benefit to us. However, we also have the problem that our down payment for the new house, or even to start construction on the new house, is tied up in our old house. It has to be

Comments

[xvolph]

That sucks. Sorry to hear. :/ Incidentally, let me know when you're planning to start on painting the house so I can make sure I'm available.

[judge]

The slower and steadier approach is probably going to be what you'll have to settle for in this. You'll want to consider that if people are looking at your home to buy a starter home, they'll likely go FHA, which means very stringent guidelines on the condition of the home. It might be smart to shell out a little money to have a contractor come out to inspect the house to see what is going to come up during the course of the sale. Better to know it now then find out in the middle of the negotiation (where people usually find out).

[psychousagi]

When did we become such grown-ups? How did this happen? It's freakin' me out, man!

[tim_almasy]

Man, that sucks dude. But I'm sure things will work out for you.

And if you guys need any help on your house, I'd be more than willing to lend a hand. :) I've got plenty of time on my hands after all, and I'm always happy to lend a hand.