Hi! I don't get post much at all, but always try to read during lunch at work!!
We will be moving for my job & have only been in our current house three years. The market is pretty good in CN Arkansas, but I expect we may be at a small loss just due for the commission & closing fees. We are priced at about a $2,500 gain.
So, I will have a much higher salary and was wondering:
1. is it better to pay down the principal $5 - $10k, and be able to drop the price if needed
2. or just bank some extra to be prepared to pay more at closing.
Hhhm, when I write it out, #1 just seems to make so much sense, but I can't seem to get my brain around this!
Any thoughts or suggestions are greatly appreciated!
Anne in Arkansas