New House Fever!

[skiesthelimit]

All this talk on moving and houses gave me new house fever!!!  We own our own home and have been there almost 6 years.  It's a nice house but it's really small.  The neighourhood is great, we have awesome daycare and it only takes me 20minutes to get to work.  DH loves it because we border the National Park and he bikes to work and goes mountain biking a lot.  We have a ton of renos to do and just little things to fix so there's no way we can sell/move, but now I have the bug!  I keep looking at houses closer to my family.  We can get so much more house for our buck if we moved closer to them and it would be so nice to have family closer to help out with X.  If we could update our house it wouldn't be so bad, but after we moved in we found a big water infiltration problem and it cost us almost 30K to fix.  So we are kinda stuck there for now.  I'll just live vicariously through all of you.

[Faevantastic]

We have a small house too. Unfortunately, DH bought it at the height of housing market. When it crashed, we lost a lot. We have no equity since we now owe more than what the house is worth.

[skiesthelimit]

Jun 4, 2013 7:54:21 GMT -5 Faevantastic said:

We have a small house too. Unfortunately, DH bought it at the height of housing market. When it crashed, we lost a lot. We have no equity since we now owe more than what the house is worth.

We are in kinda the same situation.  We had to remortgage in order to pay for the repairs.  So even though we are 6 years in we have zero equity.