Thinking about selling your home and buying a new one?

So, we officially put in our offer last night, and are waiting to hear back.

Putting an offer in on a house is stressful stuff, and its hard to know if the stress is all worth it.

For instance, I learned last night that closing on both houses (the one you are selling/moving out of and the one you are buying/moving into) on the same day is super-duper common practice. Huh? Ok, so essentially you'd have to be approved for both mortgages at the same time, carrying both payments, in order to close even a week later.

So much for my well-thought out, take-a-week-to-move-and-paint idea.

Essentially this "closing on both houses on the same day" idea means that you hire movers (my friends are great movers but there's always beer and pizza invovled and "quick" is not always the name of the game) come to the house you are selling, and pack all of your belongings into their truck.

You go to closing, sign all the paperwork and officially, legally sell your "old" house.

Then you go to your second closing of the day and officially, legally buy your "new" house.

Then you drive to your new house, where hopefully the dudes in the truck have all your belongings and lug them all inside.

Which sounds like a nightmare. Oh wait, I have 2 dogs,  a cat, and a 7 month old. It IS a nightmare : )

Additionally, the idea of showing our current home to sell it is a little tricky now. Cause, you know, I work from home 3 days a week. With a baby, 2 dogs and a cat. Um, yeah, that sounds like fun!

So, there's a distinct possibility the next few months will be a little chaotic, but the up side is we'd end up with a forever house at a decent price, hopefully with a low interest rate...and there are still 30 days in this $8,000 tax credit for new home buyers, which hopefully would entice a buyer for our house.

We'll see what happens!