House Hunting

Why yes, we are actively house hunting. Over the past six months we have had threats of a car being towed while parked in our reserved spot, a shutdown Airbnb, four dogs a barking and a partridge in a pear tree. The next door neighbors and the home owners association are definitely our driving factors for house hunting. And, after looking for three weekends or so we have found an area where we can downsize the mortgage and upsize the property. By increasing my daily commute by approximately 40 minutes a day, we can afford a single family home on a quarter acre of land, and save the home owners association fees I pay now (which coincidentally will offset the cost of my mother’s current home care). We will also be able to cut the mortgage from a 30 year to a 15 year and by about 35% of where I started on this condo. That means there is an actual chance we could own a home of our own in maybe 11 years or less! The key for us though is finding a buyer who will accept an offer contingent upon us selling my condo. We will be using the equity from the condo to put the down payment on the house. You do gotta love the loan agents and real estate agents who try to push for multiple loans and for us to get stuck with multiple properties […]

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There Goes the Neighborhood

When your only debt is your mortgage is it normal to question selling on a daily or weekly basis? It used to be such a quiet neighborhood.  Mr. Cabbage and I are now greeted every single time we leave or arrive home – by our townhouse’s neighborhood watch made up of four large, ridiculously LOUD and obnoxious dogs who all live next door.  They awaken us every weekday and weekend morning and we used to LOVE sleeping in.  The dog’s owners leave their bags of poop in their front yard next to their stoop at times for the entire week until trash day.  It looks so classy.  The same lovely neighbors own both a piano and a drum set and some sort of speaker system that literally shakes our walls occasionally like an earthquake or a helicopter.   I know that if we did choose to sell our townhouse, that this neighbor would dissuede buyers.  Do people ask neighbors to clean up their mess and quiet their animals so we can sell and escape them?  As you might have guessed, we’re not friendly. Our community shut down our Airbnb that we were running very successfully after six months.  According to the Home Owners Association, temporary leases have to be a minimum of a month-to-month basis.  Our Airbnb was lovely and we were consecutively Superhosts AND we earned enough from it to throw a chunk at the mountain of mortgage debt.  The effort to flip the basement […]

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Separate But Equal

Mr. Cabbage and I are a duel income no kids (DINK) couple and we will NEVER EVER combine our finances. We have both been in marriages where we combined finances and the other person had different or no financial goals. I am now in a relationship where I am open about my finances and financial goals and it is wonderful […]

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