Cincinnati Nesties
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
kyfirewife
How'd the meeting with the realtor go? Just curious.
Re: kyfirewife
Basically there have been too many foreclosures in our area, and our house isn't worth near what we thought. Not even close. Like 20-30% less.
He suggested if we really want to move (I do), then we go ahead & buy and rent out our current house until the market improves.
If the lender says we need to sell before we buy, he recommended we sell our rental property, because it has more equity in it than the house we live in, turn our current home into a rental, and then move.
So the next step is to talk to a lender. I'm still set on moving, it's just gonna be more complicated than I thought.
We'll see.
Thanks for asking!
Yeah. Our house is worth right about what DH paid for it when he bought it. But considering he bought it as a foreclosure back in 2004(?), and has done a ton of work to it... we were expecting to have SOME equity in it. Not be breaking even.
I'm glad we're not underwater in it right now, but if the market doesn't come back soon we might be headed that way.