We fulfill one more goal this month: Our investment account is larger than our house’s value for the first time ever. In fact, it’s our biggest asset. However, it might be short lived depending on the closing date of our future semi-retirement home.
We made an offer on a foreclosure house that need about $50,000 repair. The bank countered our offer and we replied back with another offer. In the end the price was still above our price range.
Anyway, we turned our effort to another foreclosure home with the best location in the neighborhood. It has been dragged on for weeks now and it could go on for another month. But this works to our advantage as we are not in a rush to relocate immediately. Let’s see how this deal proceeds.