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Reply to "Would you spend 700K on a house with 165k HHI?"
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[quote=Anonymous][quote=Anonymous]Op here. Our current mortgage is 1900 but we pay $2400 to pay it down faster. We are looking for a house to stay in and not need to move again until retirement. We don't have a house to buy but have been looking at houses range 550k to 700k but most of the houses are closer to 700k. We are looking for a house that has been updated and definitely would not spend 700k on a house that seemed like it may need significant work in near future. You never know, so we keep $100k for emergency fund. [/quote] Why are you trying to pay down your current mortgage if you’re looking to move?[/quote]
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