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Old 12-03-2011, 11:54 AM
 
1,832 posts, read 5,088,540 times
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Originally Posted by Voltige View Post
Yep, we might do that. But I'm not sure we will ever feel SECURE again. My husband was working with a large, secure company, got great yearly reviews, had been promoted up and up, was well respected. Then the entire group was let go. It was as unexpected as it gets. Given that experience, I'm not sure I can imagine a scenario where we will ever feel SECURE again. There will always be that doubt.

We do have money set aside for a house. We sold ours in Philly when we moved here. It's a nice down payment. That's not the issue.
I know how you feel. We moved here for work and less than a year later, the entire company--boom--was gone. I think we may feel a little like depression-era people felt. The kind of fear that had them, decades later, shaking their hands at their grandkids' wastefulness and rinsing aluminum foil to use again.

We were able to make things work and kept our house, etc. I think my recommendation would be to buy well under what you can afford, and to figure on updating/adding on with cash when you can. And buy one of the smaller models in the nicest neighborhood you can afford.
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Old 12-03-2011, 05:13 PM
 
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Lots of good info here. Many things to think about. Thank you!

I wonder when/if we will ever be in a seller's market again?
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Old 12-03-2011, 05:15 PM
 
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I wouldn't count on it being anytime soon!
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