I am in Escrow, but extremely nervous now…what should I do.

[looking]

I am also in escrow after an extremely long time watching the market. I am also nervous and I fully expect that the prices of houses in the higher end areas will continue to go down in inflation-adjusted terms; however, I think the actual price may not drop that much. If it does, oh well. I need to get on with the rest of my life and things like school for my kids start to come into the picture. Good luck with whatever you choose to do.

BTW, I think the inventory will be dribbled out over a prolonged period depressing prices for 5-10 yrs. It’s unclear to me whether inflation or the inventory will win out.

[scaredyclassic]

because we want inflation so badly we will not get it. until we give up on it and it comes roaring in so horrifically we just wat it to stop.

[scaredyclassic]

because we want inflation so badly we will not get it. until we give up on it and it comes roaring in so horrifically we just wat it to stop.

[scaredyclassic]

because we want inflation so badly we will not get it. until we give up on it and it comes roaring in so horrifically we just wat it to stop.

[scaredyclassic]

because we want inflation so badly we will not get it. until we give up on it and it comes roaring in so horrifically we just wat it to stop.

[scaredyclassic]

because we want inflation so badly we will not get it. until we give up on it and it comes roaring in so horrifically we just wat it to stop.

[an]

You said you can afford the house. As long as you’re prepared to stay in it for long term and ride out any down turn, you should be OK. You would also be better off if, like FSD said, compare your PITI vs rent of similar area. There’s a cost of housing, be it renting or buying. No one really knows how this whole thing will play out. But you’re already in escrow, so the ball is definitely rolling for you. I say, trust in your instinct and trust in yourself and your own decision. Take everything you read on here with a grain of salt. We all have your bias. Only you know what’s right for you.

[an]

You said you can afford the house. As long as you’re prepared to stay in it for long term and ride out any down turn, you should be OK. You would also be better off if, like FSD said, compare your PITI vs rent of similar area. There’s a cost of housing, be it renting or buying. No one really knows how this whole thing will play out. But you’re already in escrow, so the ball is definitely rolling for you. I say, trust in your instinct and trust in yourself and your own decision. Take everything you read on here with a grain of salt. We all have your bias. Only you know what’s right for you.

[an]

You said you can afford the house. As long as you’re prepared to stay in it for long term and ride out any down turn, you should be OK. You would also be better off if, like FSD said, compare your PITI vs rent of similar area. There’s a cost of housing, be it renting or buying. No one really knows how this whole thing will play out. But you’re already in escrow, so the ball is definitely rolling for you. I say, trust in your instinct and trust in yourself and your own decision. Take everything you read on here with a grain of salt. We all have your bias. Only you know what’s right for you.

[an]

You said you can afford the house. As long as you’re prepared to stay in it for long term and ride out any down turn, you should be OK. You would also be better off if, like FSD said, compare your PITI vs rent of similar area. There’s a cost of housing, be it renting or buying. No one really knows how this whole thing will play out. But you’re already in escrow, so the ball is definitely rolling for you. I say, trust in your instinct and trust in yourself and your own decision. Take everything you read on here with a grain of salt. We all have your bias. Only you know what’s right for you.

[an]

You said you can afford the house. As long as you’re prepared to stay in it for long term and ride out any down turn, you should be OK. You would also be better off if, like FSD said, compare your PITI vs rent of similar area. There’s a cost of housing, be it renting or buying. No one really knows how this whole thing will play out. But you’re already in escrow, so the ball is definitely rolling for you. I say, trust in your instinct and trust in yourself and your own decision. Take everything you read on here with a grain of salt. We all have your bias. Only you know what’s right for you.

[HLS]

1. Are you looking at a 30 YR Fixed loan at 5% or below ?

2. Have you been told that with 25% down you might get a lower cost for the same rate ?

3. If you knew that a lower selling price would come with a higher interest rate but your payments were similar, would you still be “extremely nervous” ?

[HLS]

1. Are you looking at a 30 YR Fixed loan at 5% or below ?

2. Have you been told that with 25% down you might get a lower cost for the same rate ?

3. If you knew that a lower selling price would come with a higher interest rate but your payments were similar, would you still be “extremely nervous” ?

[HLS]

1. Are you looking at a 30 YR Fixed loan at 5% or below ?

2. Have you been told that with 25% down you might get a lower cost for the same rate ?

3. If you knew that a lower selling price would come with a higher interest rate but your payments were similar, would you still be “extremely nervous” ?

[HLS]

1. Are you looking at a 30 YR Fixed loan at 5% or below ?

2. Have you been told that with 25% down you might get a lower cost for the same rate ?

3. If you knew that a lower selling price would come with a higher interest rate but your payments were similar, would you still be “extremely nervous” ?

[Author]

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