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	<title>Comments on: The Insanity of Choice</title>
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	<link>http://www.renaebair.com/2010/02/04/the-insanity-of-choice/</link>
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	<pubDate>Sun, 01 Aug 2010 07:32:14 +0000</pubDate>
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		<title>By: Altwies</title>
		<link>http://www.renaebair.com/2010/02/04/the-insanity-of-choice/#comment-2366</link>
		<dc:creator>Altwies</dc:creator>
		<pubDate>Sat, 13 Mar 2010 09:54:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.renaebair.com/?p=263#comment-2366</guid>
		<description>I'm glad you found the motivation you were looking for! Ir0nically, just yesterday we received a message from our primary mortgage company. We knew our rate was going to reset in April, but we hadn't had any luck getting someone to refinance it. As it turns out, our interest rate is going down by more than half. I'm not sure what that equates to payment wise (because we're also transitioning from an interest-only payment to a fully amortized payment plan), but from what the paper says it couod very well be a lower payment than we make now. If that's correct, then it meams we may actually be able to afford to rent it out at a reasonable place. Because the alternative is to just mail the keys back to the mortgage company at the end of the school year. One way or the other, we have to get outta New England...;</description>
		<content:encoded><![CDATA[<p>I&#8217;m glad you found the motivation you were looking for! Ir0nically, just yesterday we received a message from our primary mortgage company. We knew our rate was going to reset in April, but we hadn&#8217;t had any luck getting someone to refinance it. As it turns out, our interest rate is going down by more than half. I&#8217;m not sure what that equates to payment wise (because we&#8217;re also transitioning from an interest-only payment to a fully amortized payment plan), but from what the paper says it couod very well be a lower payment than we make now. If that&#8217;s correct, then it meams we may actually be able to afford to rent it out at a reasonable place. Because the alternative is to just mail the keys back to the mortgage company at the end of the school year. One way or the other, we have to get outta New England&#8230;;</p>
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		<title>By: Renae Bair &#187; Blog Archive &#187; The Sanity of Decision</title>
		<link>http://www.renaebair.com/2010/02/04/the-insanity-of-choice/#comment-2359</link>
		<dc:creator>Renae Bair &#187; Blog Archive &#187; The Sanity of Decision</dc:creator>
		<pubDate>Wed, 24 Feb 2010 02:17:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.renaebair.com/?p=263#comment-2359</guid>
		<description>[...] Stream      The Sanity of Decision  Tuesday, February 23rd, 2010&#160;&#124;&#160;Author: renaebair  This blog post is a follow-up to my last post, &#8220;The Insanity of Choice.&#8221; [...]</description>
		<content:encoded><![CDATA[<p>[...] Stream      The Sanity of Decision  Tuesday, February 23rd, 2010&nbsp;|&nbsp;Author: renaebair  This blog post is a follow-up to my last post, &#8220;The Insanity of Choice.&#8221; [...]</p>
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		<title>By: Chris B</title>
		<link>http://www.renaebair.com/2010/02/04/the-insanity-of-choice/#comment-2356</link>
		<dc:creator>Chris B</dc:creator>
		<pubDate>Wed, 10 Feb 2010 16:49:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.renaebair.com/?p=263#comment-2356</guid>
		<description>I'm glad you found the motivation you were looking for! Ironically, just yesterday we received a message from our primary mortgage company. We knew our rate was going to reset in April, but we hadn't had any luck getting someone to refinance it. As it turns out, our interest rate is going down by more than half. I'm not sure what that equates to payment wise (because we're also transitioning from an interest-only payment to a fully amortized payment plan), but from what the paper says it could very well be a lower payment than we make now. If that's correct, then it means we may actually be able to afford to rent it out at a reasonable place. Because the alternative is to just mail the keys back to the mortgage company at the end of the school year. One way or the other, we have to get outta New England...</description>
		<content:encoded><![CDATA[<p>I&#8217;m glad you found the motivation you were looking for! Ironically, just yesterday we received a message from our primary mortgage company. We knew our rate was going to reset in April, but we hadn&#8217;t had any luck getting someone to refinance it. As it turns out, our interest rate is going down by more than half. I&#8217;m not sure what that equates to payment wise (because we&#8217;re also transitioning from an interest-only payment to a fully amortized payment plan), but from what the paper says it could very well be a lower payment than we make now. If that&#8217;s correct, then it means we may actually be able to afford to rent it out at a reasonable place. Because the alternative is to just mail the keys back to the mortgage company at the end of the school year. One way or the other, we have to get outta New England&#8230;</p>
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		<title>By: renaebair</title>
		<link>http://www.renaebair.com/2010/02/04/the-insanity-of-choice/#comment-2355</link>
		<dc:creator>renaebair</dc:creator>
		<pubDate>Mon, 08 Feb 2010 15:58:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.renaebair.com/?p=263#comment-2355</guid>
		<description>You've all given me really great ideas to think about. You should have heard Adam shouting "yeah! yeah!" in agreement with what you were saying as I read the responses out loud to him! 

I've realized that the last thing I want right now is to buy a house here in Maine and get stuck with a mortgage payment and not be able to get out of here. Adam and I talked a lot this weekend and we've decided to go rent a townhouse in the Raleigh/Durham/Cary area of North Carolina for a year so we can checkout that area. We've always been interested in that region, plus he has a co-worker in the area, so we'd know someone down there. And it's WARM :) 

And like Ben Hamill said -- we have to start somewhere. You can't just stare at a blank page, too afraid to draw any lines. I feel like it's time to pull the trigger and make the decision. It's going to be so rough for our families, but like Jill pointed out, we need to do what's best for "our" (immediate) family. And although the kids would probably be happy just about anywhere, they are not going to be happy if Adam and I are miserable, so we need to work on making decisions about our lives that make us happy. 

Good luck with selling your house Jill! Good for you for being courageous enough to make such a big change! 

And Lar, thanks for your advice too. You're right, it's certainly harder to move around with kids, but then again it's even more important to create a good situation BECAUSE we have the kids. I think they'll appreciate it!

And Chris: thanks for sharing your experience. Just reading about being stuck in that situation was enough to keep me from taking the plunge and buying a house here in Maine! :) It really wouldn't be wise for us to do that, already knowing that we don't really love the area. 

All of this makes me question, why exactly is there so much pressure to buy a house from friends and families? Why does anyone care?</description>
		<content:encoded><![CDATA[<p>You&#8217;ve all given me really great ideas to think about. You should have heard Adam shouting &#8220;yeah! yeah!&#8221; in agreement with what you were saying as I read the responses out loud to him! </p>
<p>I&#8217;ve realized that the last thing I want right now is to buy a house here in Maine and get stuck with a mortgage payment and not be able to get out of here. Adam and I talked a lot this weekend and we&#8217;ve decided to go rent a townhouse in the Raleigh/Durham/Cary area of North Carolina for a year so we can checkout that area. We&#8217;ve always been interested in that region, plus he has a co-worker in the area, so we&#8217;d know someone down there. And it&#8217;s WARM <img src='http://www.renaebair.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>And like Ben Hamill said &#8212; we have to start somewhere. You can&#8217;t just stare at a blank page, too afraid to draw any lines. I feel like it&#8217;s time to pull the trigger and make the decision. It&#8217;s going to be so rough for our families, but like Jill pointed out, we need to do what&#8217;s best for &#8220;our&#8221; (immediate) family. And although the kids would probably be happy just about anywhere, they are not going to be happy if Adam and I are miserable, so we need to work on making decisions about our lives that make us happy. </p>
<p>Good luck with selling your house Jill! Good for you for being courageous enough to make such a big change! </p>
<p>And Lar, thanks for your advice too. You&#8217;re right, it&#8217;s certainly harder to move around with kids, but then again it&#8217;s even more important to create a good situation BECAUSE we have the kids. I think they&#8217;ll appreciate it!</p>
<p>And Chris: thanks for sharing your experience. Just reading about being stuck in that situation was enough to keep me from taking the plunge and buying a house here in Maine! <img src='http://www.renaebair.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> It really wouldn&#8217;t be wise for us to do that, already knowing that we don&#8217;t really love the area. </p>
<p>All of this makes me question, why exactly is there so much pressure to buy a house from friends and families? Why does anyone care?</p>
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		<title>By: Jill</title>
		<link>http://www.renaebair.com/2010/02/04/the-insanity-of-choice/#comment-2351</link>
		<dc:creator>Jill</dc:creator>
		<pubDate>Fri, 05 Feb 2010 14:03:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.renaebair.com/?p=263#comment-2351</guid>
		<description>When I was 23, I packed up my little geo prism with as much as it could hold and moved from Pennsylvania to Portland Maine by myself.  I needed out of PA and had visited Maine twice and liked it.  Granted at that time, I was young, naive and had nothing holding me in PA besides my family.  It was a difficult decision because I am very close with my parents, but at the same time I knew it was just something I needed to do for my happiness.  I never planned to stay.  I figured I'd be here for a year or two and then try somewhere different.  I met Craig after being here for about a year.  We absolutely loved Portland and I never has the feeling that I wanted to leave.  I couldn't imagine being happier anywhere else.  When I got pregnant with Benjamin I had an overwhelming need to buy a house.  I just thought it was the thing we were supposed to do.  Craig's parents were both living in Auburn.  My parents were 10 hours away.  I blame it on the pregnancy hormones.  I felt I absolutely needed to be near family, even if it wasn't my parents - which is what I really wanted.  So, we ended up buying a house in Lewiston.  As much as the support from his family has been great, I feel like it's one of the biggest mistakes we ever made.  I've been in Lewiston for 5 years now, and have never really been happy here.  I've made some great friends and there are some fun things to do, but in general, I hate the area.  Anytime we want to go somewhere, we have to drive at least a half hour to 45 minutes.  And then it's a whole day outing with lots of packing of lunches and stuff.  My point is, unless your sure, don't settle for something.  

As you know, we just put our house on the market.  We bought in 2005 which sucks.  Luckily our agent thinks we can ask the same amount that we bought it for 5 years ago.  So, we don't make any money but we don't lose any either.  The thought of not being able to sell and being stuck here has been making me sick for quite some time.  I'm at a point where I just want out.  I hate feeling tied down to this area.  As soon as we sell the house, we're packing everything up and moving to Philadelphia.  Most people probably think were crazy to do that with two kids and no job.  Craig graduated in December and still can't find a job up here.  It's awful.  It's bad everywhere, but the market is better elsewhere.  I keep thinking about all the new things that we will experience living somewhere else.  I love Maine.  Most of the time.  Winter sucks.  I will definatly miss it, and my friends and family.  But it comes down to what I feel is the best for me and my immediate family.  I say if you're thinking of trying somewhere else out, go for it.  If you hate it, it's not the end of the world.  If you do decide to buy a house, I think it should definatly be for happiness though and not for convience.  At least in my experience.</description>
		<content:encoded><![CDATA[<p>When I was 23, I packed up my little geo prism with as much as it could hold and moved from Pennsylvania to Portland Maine by myself.  I needed out of PA and had visited Maine twice and liked it.  Granted at that time, I was young, naive and had nothing holding me in PA besides my family.  It was a difficult decision because I am very close with my parents, but at the same time I knew it was just something I needed to do for my happiness.  I never planned to stay.  I figured I&#8217;d be here for a year or two and then try somewhere different.  I met Craig after being here for about a year.  We absolutely loved Portland and I never has the feeling that I wanted to leave.  I couldn&#8217;t imagine being happier anywhere else.  When I got pregnant with Benjamin I had an overwhelming need to buy a house.  I just thought it was the thing we were supposed to do.  Craig&#8217;s parents were both living in Auburn.  My parents were 10 hours away.  I blame it on the pregnancy hormones.  I felt I absolutely needed to be near family, even if it wasn&#8217;t my parents - which is what I really wanted.  So, we ended up buying a house in Lewiston.  As much as the support from his family has been great, I feel like it&#8217;s one of the biggest mistakes we ever made.  I&#8217;ve been in Lewiston for 5 years now, and have never really been happy here.  I&#8217;ve made some great friends and there are some fun things to do, but in general, I hate the area.  Anytime we want to go somewhere, we have to drive at least a half hour to 45 minutes.  And then it&#8217;s a whole day outing with lots of packing of lunches and stuff.  My point is, unless your sure, don&#8217;t settle for something.  </p>
<p>As you know, we just put our house on the market.  We bought in 2005 which sucks.  Luckily our agent thinks we can ask the same amount that we bought it for 5 years ago.  So, we don&#8217;t make any money but we don&#8217;t lose any either.  The thought of not being able to sell and being stuck here has been making me sick for quite some time.  I&#8217;m at a point where I just want out.  I hate feeling tied down to this area.  As soon as we sell the house, we&#8217;re packing everything up and moving to Philadelphia.  Most people probably think were crazy to do that with two kids and no job.  Craig graduated in December and still can&#8217;t find a job up here.  It&#8217;s awful.  It&#8217;s bad everywhere, but the market is better elsewhere.  I keep thinking about all the new things that we will experience living somewhere else.  I love Maine.  Most of the time.  Winter sucks.  I will definatly miss it, and my friends and family.  But it comes down to what I feel is the best for me and my immediate family.  I say if you&#8217;re thinking of trying somewhere else out, go for it.  If you hate it, it&#8217;s not the end of the world.  If you do decide to buy a house, I think it should definatly be for happiness though and not for convience.  At least in my experience.</p>
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		<title>By: Lar Van Der Jagt</title>
		<link>http://www.renaebair.com/2010/02/04/the-insanity-of-choice/#comment-2350</link>
		<dc:creator>Lar Van Der Jagt</dc:creator>
		<pubDate>Fri, 05 Feb 2010 03:27:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.renaebair.com/?p=263#comment-2350</guid>
		<description>It sounds to me like you absolutely should not buy a house, and should start exploring as soon as possible. If you already feel you are settling for convenience over happiness, that choice will never get easier to deal with if you can't be content with it now.

Not having kids myself I would expect that does make things a bit more difficult. Moving around is exponentially more complicated, but if you can pull it off you will find it all that much more rewarding. Especially if you encourage a love of new experiences in your kids along the way. There will be a lot more responsibility to make sure that your kids get all the support etc. that they need vs. shipping them off to school and hoping for the best.

In summary, I believe that choosing not to be tied down will be harder, but ultimately your family will be better off for it. Just my two cents as a practicing nomad.</description>
		<content:encoded><![CDATA[<p>It sounds to me like you absolutely should not buy a house, and should start exploring as soon as possible. If you already feel you are settling for convenience over happiness, that choice will never get easier to deal with if you can&#8217;t be content with it now.</p>
<p>Not having kids myself I would expect that does make things a bit more difficult. Moving around is exponentially more complicated, but if you can pull it off you will find it all that much more rewarding. Especially if you encourage a love of new experiences in your kids along the way. There will be a lot more responsibility to make sure that your kids get all the support etc. that they need vs. shipping them off to school and hoping for the best.</p>
<p>In summary, I believe that choosing not to be tied down will be harder, but ultimately your family will be better off for it. Just my two cents as a practicing nomad.</p>
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		<title>By: Ben Hamill</title>
		<link>http://www.renaebair.com/2010/02/04/the-insanity-of-choice/#comment-2349</link>
		<dc:creator>Ben Hamill</dc:creator>
		<pubDate>Thu, 04 Feb 2010 19:46:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.renaebair.com/?p=263#comment-2349</guid>
		<description>I think this applies to a lot of decisions. When I was younger, I drew a lot (I draw somewhat less now). I used to be terrified of a blank sheet of paper. "How do I know what lines to draw? How do I know where to start?" I would think and, you know, not draw any lines at all.

Eventually, I came to the realization that just picking anywhere to start is better than just staring at an empty page. This advice is perhaps not so easy with three kids, but if you want to move, I'd say pick a place that sounds interesting and rent an apartment or house there for six months. Plan to go somewhere else after that. Get really good at packing and unpacking. It doesn't matter if that first place is the best choice... you're looking to go places, not a place. So if the first one isn't The One, then, well, good.</description>
		<content:encoded><![CDATA[<p>I think this applies to a lot of decisions. When I was younger, I drew a lot (I draw somewhat less now). I used to be terrified of a blank sheet of paper. &#8220;How do I know what lines to draw? How do I know where to start?&#8221; I would think and, you know, not draw any lines at all.</p>
<p>Eventually, I came to the realization that just picking anywhere to start is better than just staring at an empty page. This advice is perhaps not so easy with three kids, but if you want to move, I&#8217;d say pick a place that sounds interesting and rent an apartment or house there for six months. Plan to go somewhere else after that. Get really good at packing and unpacking. It doesn&#8217;t matter if that first place is the best choice&#8230; you&#8217;re looking to go places, not a place. So if the first one isn&#8217;t The One, then, well, good.</p>
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		<title>By: Chris B</title>
		<link>http://www.renaebair.com/2010/02/04/the-insanity-of-choice/#comment-2348</link>
		<dc:creator>Chris B</dc:creator>
		<pubDate>Thu, 04 Feb 2010 19:27:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.renaebair.com/?p=263#comment-2348</guid>
		<description>We bought a condo in early 2005, near the zenith of the housing market boom. Our daughter was just a year old at the time and we thought we were doing the responsible thing and that it would be a good investment. 

Since then we've decided that MA is not the place for us. We want to be where it's warm, and though we have a few other requirements that is the biggest one. Florida seems to be the place that keeps coming up -- it's warm, it's on the east coast so traveling back north to family is easier (than from the west coast), there are plenty of pharmacy jobs for my wife, and programming jobs for me (and it's the stomping ground of the Rails Envy guys), and it's near the ocean, and it's probably the most liberal of the southern states, etc. etc.

However, the sad fact is that we're stuck in a condo that has lost about 30% of it's value since we bought it. All of the other units that have sold around us have been foreclosures. We don't want to walk away from the house, but renting it out might not be feasible either. The phrase "your money or your life" comes to mind...

On the other hand, it's a nice house and we're both employed near where we live and there's a great school nearby, so it wouldn't kill us to stay. But it's not warm, and we hate being cooped up for so many months.

So yeah, I hear ya...</description>
		<content:encoded><![CDATA[<p>We bought a condo in early 2005, near the zenith of the housing market boom. Our daughter was just a year old at the time and we thought we were doing the responsible thing and that it would be a good investment. </p>
<p>Since then we&#8217;ve decided that MA is not the place for us. We want to be where it&#8217;s warm, and though we have a few other requirements that is the biggest one. Florida seems to be the place that keeps coming up &#8212; it&#8217;s warm, it&#8217;s on the east coast so traveling back north to family is easier (than from the west coast), there are plenty of pharmacy jobs for my wife, and programming jobs for me (and it&#8217;s the stomping ground of the Rails Envy guys), and it&#8217;s near the ocean, and it&#8217;s probably the most liberal of the southern states, etc. etc.</p>
<p>However, the sad fact is that we&#8217;re stuck in a condo that has lost about 30% of it&#8217;s value since we bought it. All of the other units that have sold around us have been foreclosures. We don&#8217;t want to walk away from the house, but renting it out might not be feasible either. The phrase &#8220;your money or your life&#8221; comes to mind&#8230;</p>
<p>On the other hand, it&#8217;s a nice house and we&#8217;re both employed near where we live and there&#8217;s a great school nearby, so it wouldn&#8217;t kill us to stay. But it&#8217;s not warm, and we hate being cooped up for so many months.</p>
<p>So yeah, I hear ya&#8230;</p>
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