[quote=nocommonsense]I’ve been very very frustrated with the government’s meddling, and don’t know if they’ll ever let up. We’re extremely close to throwing in the towel and instead biting the bullet. I resolved not to stretch too thin to buy a house, but now we’re at the brink of signing a contract. It’s a dream house in terms of size, floor plan, and location, which is the only reason we’re pulling the trigger. I wish I could say we got a great price, but I think it’s only fair or good at ~$224 per sq ft ( a big house).
We’ll be paying almost half of my income (single income family) a month towards mortgage and will have zero cash left. If it weren’t for the mello rous, the loan is actually quite affordable to us, but with the extra $1000 tax a month it’ll be tight.[/quote]
