Thanks ladies. Something to think about. The house we want is the house we plan to live in forever. It's big enough for kids, but not so big that we'll be rattling around in it when there is two of us again, in like 100 years. The house we're in now was the house we knew would get us into the property market. We got what we could afford, but didn't borrow as much as the bank said we could. The big con against moving right now is that we've just finished the house really, and haven't had much of a chance to sit back and enjoy it. And we're really proud of the job we've done. We're going to talk to a broker soon about refinancing anyway so will see what he says too.
I also meant to say... but you probably already know.... never trust the figure the Real Estate Agent first gives you. They inflate it to get you to put the house on the market. After a few open for Inspections they always start to bring the figure down... has happened to us twice. Best way to know what your house is worth is to do your own research. It also sometimes pays to give the agent an incentive to get over a certain figure rather than to just agree to a set percentage no matter what.
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