What do you think you would do?

CaseyLea

Should we sell our house??

A little background - we bought our house 2 years ago, before we knew that we would be adopting.  DH is in school part time and working part time so we live off my salary and save/pay debt with his.  We have an older home, and I feel like the maintenance costs are taking away from what we could be saving for adoption costs.

We aren't stretched to make the payments now and have a good budget.  I wouldn't get maternity leave, only FMLA, so we'd have to live off of some savings when we bring a baby home.  I am wondering if it would be better to find an apartment or townhome to rent with less possibility of a financial burden.  I love our house, but I'm always nervous about what we might have to work on next - and neither of us are very handy so we're always paying someone else to do the work.

The market isn't too terrible here, but we would wait until spring anyway since houses don't sell well in the dead of winter.  We haven't made a very big dent in our mortgage, but if we could just come out even I'd be ok with it.

What do you think?  Anyone done this?

MayDayGirl

I always thought owning was way better than renting.  Until we moved to chicago and decided to rent for the three years.

Honestly it is nice!  We don't have to do anything to the house ever except just live here   Also we never do updates because it isn't our house! When we owned we always had things we wanted to do to the house.

That being said if you can't sell your house without taking a loss it might not be worth it.  Also keep in mind that moving is expensive!