The big problem with staying and having a baby is the dogs, they bark the baby wakes up. In a bigger house I could keep the dogs on the other end of the house on the 1st fl and it wouldn't be a problem.
With housing prices and interest rates low it may be worth it to me in the long run to take a credit hit now, the wife is not attached the the condo and she has perfect credit. I'd bounce back in as little as a year or 2. I'd like to avoid doing a "short sale" and pay the bank what their owed, I guess I could call them and find out about a promissory note or some other sort of unsecured loan if I sell for less than what Is owed. I can handle a higher mortgage + another note no problem, just have no experience setting something like that up.
I'm also waiting to see if the tax credit will be extended to all home buyers, theres talks of it being upped to 15k even. If that happens I should be able to cover the difference and have money to put down on another place.
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