thread: Where to Live Dilemma - Does This Sound Sensible? (Grab A Cuppa - Tis An Epic)

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  1. #1
    Registered User

    Dec 2007
    Sunny Qld
    14,682

    Yup I'd definitely do the second idea.

  2. #2
    Registered User

    Dec 2007
    Melbourne
    1,628

    I agree with Mel. I would do the second option. But again its a decision only you can make

  3. #3
    Registered User

    Mar 2007
    on cloud 9.....
    2,105

    You know what, we did the same thing that you have just suggested, rent out our home and we rented a bigger place. We did this years ago and it all worked out just super.
    Best of luck.

    We are in a completely different position now though as all 6 of our kids, cept Bella of course, have buggered off to their other parents to live and we have since bought and sold quite a few places and have now, fingers crossed, settled into our new house for the long haul. That is til DF decides to put the house on the market - AGAIN, need I say more
    Last edited by Nicambhar; March 20th, 2009 at 08:36 PM.

  4. #4
    Registered User
    Add fionas on Facebook

    Apr 2007
    Recently treechanged to Woodend, VIC
    3,473

    Thanks guys - it's always good to hear that you haven't come up with a dumb idea.

    Lulu - you're very wise, this house has been doing my head in BUT we have almost finished our renovations which is also why it will feel a little silly to move. But I did those on the basis that they needed doing for my sanity and would only add value to the house's rental or selling price anyway. Plus, we wouldn't be moving until I was up the duff and who knows how long that will take. You're right about DSD too - she may decide not to move out but by that stage I may be back at work full-time and if so, we'd be in a position to buy.

    It's hard because a trusted friend reckons we should just bite the bullet and buy somewhere and DP is a bit averse to the renting idea. I've told him that I'll consider buying somewhere only if we do a dry run financially and manage to pump into our current mortgage for the next six months what we'd need to pay on an increased mortgage. And if we do that without having constant arguments over who's put what on the credit card and why we can't afford to go out for dinner, then he may have a deal. I think that's fair but I still think that I'm more comfortable with renting and having almost no money worries.

  5. #5
    Registered User

    Oct 2006
    Sydney NSW
    4,837

    I think that idea is very sensible Fiona, then you can really see how it would be financially.