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Originally Posted by tdw28210
^^^ Definitely rent before you buy.
And my refi got pushed out 2 weeks because the"investor" could not get their due diligence completed in time. The IRS is not processing tax transcript requests in a timely fashion. Cost me an additional $800 but i have a really killer rate locked that I can not get today.
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If the housing market doesn't right itself prior to us moving out there in July/August then we will. After discussing the issue with my wife we'd prefer to do a longer term Airbnb vice a standard year-long lease in order to give us more flexibility once we sell our home here in Virginia. That way if anything were to come on the market in San Diego and the arbitrary loan limits were removed we could be in a more advantageous position to buy.
That's good. Its pretty wild how varied the rates are from watching them day-to-day. Apparently massive amounts of refinances has caused a delay and artificially caused higher rates to limit applications.