So, this payday on Friday will be my first with the base pay reduction. I've done some of the math, and know enough that we need to tighten up even more. We've been doing basic stuff, but now it needs to be more concentrated. Between our taxes and Husband's bonus (yes, he still gets one-it's performance based), we should be able to get rid of two pieces of credit card debt, which will help. We've just got to suck it up until the late March/early April time frame, and it may get a little easier.
Why the title then? Um, well, the house that I gushed about a couple of posts ago? The one that Husband actually likes and can see himself in?
They dropped the price another $18k.
I so want this.
If I were making the same amount, I would be up for trying to find a way to (a) sell our house and (b) find other sources for the rest of the down payment so we don't have to pay PMI. If we could accomplish that, we could get a whole lot more house for about the same payment as we have now.
But I'm not making the same amount. It also took our neighbor over six months to sell her house. She bought at the top of the market, and from what I can tell, took about a $30k loss on the deal. Still, if we could get what she ultimately did, we may be in business.
It will probably be a moot point in a week or so anyway; this house won't be around much longer at this price. The timing is all wrong. However, when I talked to Husband about it today, he did point out that since when has our timing ever been right, or more to the point, have we ever paid attention to it?
Part of me is almost antsy in the anticipation of trying to make this work-in five years it could be one of the best things that we could have done. However, the fear of what could happen if something goes very wrong also makes me twitchy. One of loses our job, some major health incident where one of us can't work, and we're gone.
Sigh. As Bill Cosby said, God has a sense of humor. At this point, I think it is a pretty wicked version.