As Daughter is finishing her junior year at college, I have been thinking about down-sizing the house and only half-heartedly looking at smaller houses.
Imagine my joy at finding the original house I bought in 1992, and sold in 1999, back on the market.
Took a quick tour of it today and it is still as charming as it was in 92. But it is an FHA foreclosure so it will probably go quick. Unfortunately, I am not ready to put my current house on the market.
Am looking at finances to see if I qualify for the 2nd house without selling my current house — for a couple of months anyway. FHA foreclosure will not carry a contingency on selling my current home.
At least I have enough equity in my current home to come out ahead, pay off my mortgage, and put a fair chunk on the new house. Timing is an issue though.
Oh, what to do?!? Will I be able to go home again?