I'm recently unemployed (October 2009) and currently living with family for next to nothing. The job search is progressing, and has not been totally fruitless, which is encouraging. I'd probably have accepted something by now if I was chasing a paycheck, but I'm really chasing an opportunity. I figure while I have the opportunity to seek a good fit out while collecting unemployment and living nearly expense free, I might as well find something I'm genuinely interested in for things other than direct deposit.
Anyways, I'm also casually browsing homes in the area, and have recently stumbled upon some real gems at prices that would put them well within reach if I had a verifiable income to get a loan approval.
This little guy has enough room for now, room to grow if/when needed down the line, is in an area I'm familiar and comfortable in, and is a couple blocks from my brothers new house. I could put down about $25k tomorrow and end up with a monthly payment under $1k, which would be very comfortable at what I expect my next job will pay. I just need the job first!!
Argh. Maybe I should just quit "casually browsing" until I get the job thing sorted out. I suppose similar deals will continue to pop up here and there for the foreseeable future . . . it's just way to easy to picture yourself in one of these charming little intown cottages!
Anyways, I'm also casually browsing homes in the area, and have recently stumbled upon some real gems at prices that would put them well within reach if I had a verifiable income to get a loan approval.
This little guy has enough room for now, room to grow if/when needed down the line, is in an area I'm familiar and comfortable in, and is a couple blocks from my brothers new house. I could put down about $25k tomorrow and end up with a monthly payment under $1k, which would be very comfortable at what I expect my next job will pay. I just need the job first!!
Argh. Maybe I should just quit "casually browsing" until I get the job thing sorted out. I suppose similar deals will continue to pop up here and there for the foreseeable future . . . it's just way to easy to picture yourself in one of these charming little intown cottages!
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