We are getting a VA loan, or were I should say.
Also I should clarify, In terms of size, I don't think we will out grow ths house. I say it could "fit" two children. But we don't plan to have two children anytime soon or ever. Our goal is one child down the line in a few years.
Plus, we have a home business and I'd like to have an office but there is plenty of space for that in the old dining room (they put on an addition so the "old" living room is now a big dining room). I just mean, we might be able to get something "newer" in 2 years with more money. Ie Granite, stainless etc and save having to do it ourselves and replacing this 1999 house we are looking to buy. Also, the house does not have a garage, so at some point we'd have to invest in that...since there is room to add it on.
But, I am afraid that we won't necessarily find anything in this neighborhood again- and I love the ammenties, its on a culdesac, the golf course, the pool club the beach etc...is really my fear. I mean I am sure someone else in the neighborhood might put their house in the market but who knows.
i really think I got too emotionally invested in this home since it seemed like a "done" deal.
We can't use the money from the trust as income payments, the underwriters won't allow it becase the money is technically in my dad and uncles name and it is distrubuted by my uncle and tey said that at any foreseeable time my dad and uncle could "refuse" to make my student loan payments. The money isn't just delegated to my students loans, its to pay mine and my two cousins loans- plus my brothers rent (since he didn't have any loans left) for 2 years.