Wednesday, July 27, 2011

Bubbles burst

We knew that we paid too much for the house. Didn't we all back then?

But that was the market then.

And this is now.

Today I met with our banker to set up a loan to cover the loss once we sell the house. After calculating our available cash we estimated that we would need a 18K loan.


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Happiness is a place between too little and too much.
- Finnish Proverb