Since like a dozen friends moved this summer Justin and I were feeling left out. So, we are moving too. I promise, it is not nearly as exciting as everyone else's move. We decided to go live in my parent's basement for the fall semester. We are trying to save up for a single family home. With the housing market here and since we already own a house we need to save up a 10% down payment, 6% closing cost (hopefully the seller will help) and the 2 months resevere mortgage payments for our current property. We were told if the market turns and is officially no longer a declining market then we don't need to save nearly as much. We decided to take advantage of my parent's hospitality and jump start our savings. We will be back in Greeley in December though. We will probably rent a small apartment for the remainder of the lease that is current on our duplex (Aug 2010).
Its kind of scary to do this but I think in the long run it will be good. If it doesn't get us into a house at least we will have some reserve money in the bank so Justins stress level will drop.
To All our Greeley Friends- Don't Forget about us! Loveland is not that far away and we will be back!
Thursday, August 6, 2009
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