The Random Musings of a Jersey Girl & Her Family Finding their Way Around The World
Categories: Just for the hell of it
4 offers and 4 rejections
Time’s running out
Have you considered just renting for a couple of years? I know it’s hard to save up for your own home when you’re paying someone else’s mortgage, but it sounds like the benefit of getting your own place and out of your ILs’ (oh boy, I’ve been there and done that!!) would be exponentially higher in the long run. Maybe you can find a furnished place first, then work your way up.
I agree with Tors. Why not rent? In Melbourne, we’ve found that renting is far cheaper than buying anything. We were planning to rent at first, and buy down the road, once we had decided on the best suburb. As it turns out, the best suburb for us will be back in the states, LOL, but even if were staying, I’m not sure we’d be able to afford to buy something that was equal to what we had in NJ. In fact, I’m certain we couldn’t, just based on perusing the real estate section in the areas we would want if we were staying.
Watching movies in your underwear is a basic human right. I hope you can gather the funds you need, or that a rental becomes an option for you. Good luck!
We’ve looked into renting and it actually doesn’t work out any better here. It’s close to a mortgage payment, therefore, there would be little chance of saving. Unless I was able to get a job soon enough in which we could totally save then. I don’t believe in counting my chicks before they hatch so right now we’re stuck here with our in-laws until a miracle happens and I find a job. Before we moved here, we kept a close eye on real estate and jobs here and we were very hopeful. Of course, we enter Australia and the rug is pulled out from under our feet.
Did you sell your house back in NJ? Or did you keep it? If you sold it, what are you going to do when you get back?
We sold it, as we were assuming we weren’t returning. It took 6 months to sell, which I guess wasn’t terrible, given the market. I’d love to return to the same area, but it’s going to depend on where DH gets a job, so I can’t be too picky. Unfortunately, we’ll probably have to rent for a bit when we make the move back, and then buy a place and move house again (though hopefully within the same area, so we won’t switch schools yet again). Not looking forward to the upheaval that’s going to cause, but we’ll just take it a step at a time.
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