Reply to Beyond Frustrated in Vienna market

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[quote=Anonymous][quote=Anonymous]Op here - I am not a troll. I am not sure how me venting about the TOV market devolved into a discussion about my finances. We have an excellent financial advisor and he has signed off on our plan. We are just fine financially- I just have to set my budget somewhere for housing and that is our line. Of course we could take on a mortgage but we don't want to. 
My original complaint remains that I just can't believe the prices and competition happening for decent TOV homes when we are this far from DC. That's all. [/quote]

Mmm hmm.

Ok. Hey PP who is sick of the term "troll" being overused ... looks like here it wasn't. This whole thing makes zero sense. "Ugh, I can't afford a house in TOV because our budget is 2M -- when we look at houses in that range they get bid up! Oh, and our 2M budget is cash. Don't want to take on a mortgage. Our "excellent financial advisor" thinks it's a great idea to sink millions of cash into a house and not take on a mortgage. So whaaaaa ... can't afford a house! I just can't believe these prices!! And the competition happening! A house we liked listed at 2M got bid up to 2.2M! How are we supposed to afford that when we only have 2M in cash!!!" [/quote]

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