I don't know how to write a post about this. Our whole home-ownership story is filled with chaos and bad decisions, starting with the day we signed the purchase papers almost five years ago. We have learned a lot about ourselves as people, learned a lot about the goals we have for our life and learned many, many hard lessons about finances. We love the house, but for us it was a bad choice.
Bottom line is that we will be paying off the house debt for about three years even though we sold it two weeks ago.
When we bought the house we knew we were going to make things tight. Then we continued to pay for infertility treatments and finally were blessed by having a child. I can not tell you how quickly our comfort of finances went out the window and we had to borrow even more money to deal with that. Not a good feeling, and that is honestly when we really investigated a move to somewhere we could afford to be.
The good news is that we have now put ourselves into a place, both physically and mentally, that we can afford to pay off that debt now, and still live very comfortably here in St Louis. We are not naive enough to think we will not have hiccups, but we are smart enough to know that we need to set ourselves up for success in the future, not failure.
It has been several hard lessons to learn, but we are stronger people now. Stronger in the long run for our finances. Stronger in our relationship.
I do not know if we will ever buy a home again. We have talked through and around it. We have found a great apartment to live in in a wonderful location that is more-than-affordable. The people who live here, it seems, live here for many years at a time. One of our neighbors has been here for more than 15 years.
So, with signatures across two days and hundreds of miles, as of this two weeks ago, we are no longer homeowners. And we could not be happier.