(2) of us (1) big adventure

Yessidey and I have been “in the housing market” for a long time now. You can probably argue that we’ve been in it ever since we moved to Dallas in the summer of 2007.

But this time it’s really foreals. I mean it.

I find myself split trying to find a house that we could make money on down the road, and finding a house with all the comforts of home that Yessidey and I want for our family… ie: pleasant neighborhood, excellent schools, close proximity to work, etc…

I found a few points to consider when buying a house written in a post by Seth Godin:

A house is not just an investment, it’s a place to live. This is the only significant financial investment that has two functions. Things like cars and boats always go down in value, so most of the time, if you’re investing, you’re doing it in something that you don’t have to fix, water, fuel or live in. You shouldn’t fall in love with a bond or a stock or a piece of gold, because if you do, you won’t be a smart investor. The problem (as people who sell and fix and build houses understand) is that you just might fall in love with a house. And that my friends is a pretty silly reason to make the biggest financial investment of your life.

Now consider that you’re probably not going to be able to flip your house in nine months for a big profit. Maybe not even nine years. So revisit the previous paragraph and imagine that there is no financial investment, just a house you love.

Spend accordingly.