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Reply to "How would you handle buying a SFH in this situation?"
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[quote=Anonymous]We were in almost this exact situation when we bought our home 3 years ago. We were able to buy that million dollar home first with 10% down and the recast to a much smaller loan once we sold our townhouse (we put in $300K). Our PITI now is $4800/month with a $280K HHI and we are thrilled with two late ES-aged kids to have a much larger house and yard. Worth it. *Our utilities increased but not by as much as we thought. Maybe this house is just better insulated?[/quote]
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