Lughnasa College Moon
In to our financial consultant today. Issue: getting to Colorado and into a house we want inside our means. To my surprise she recommends qualifying for two mortgages and purchasing a home in Colorado before or during the sale of this house. This takes a little getting used to as an idea for me. Intuitively paying two mortgages when you can only live in one house doesn’t make sense to me. But that’s the intuition of the middle-class guy who grew up in Indiana in circumstances where financial flexibility was not even an idea.
In our case we have cash flow, assets and available cash that can make this idea work. Deep breath. Let it out. It has a lot to commend it. It makes moving, especially moving the dogs, much easier. It makes doing work on a new place easier since Jon is out there already and competent. It solves one end of the equation allowing us to focus here solely on selling the house.
There are risks. What if it takes a very long time to sell this house? What if the price we get for it falls below our preferred minimum? But, life has risk associated with it and this is manageable. So I’m inclined to go for it. This is an all-in move.