[QUOTE=stomachmonkey;3991301]Had two houses for sale in NY.
Relocated to TX.
Ended up with 2 mortgages AND rent for a bit.
Closed on one NY house last Nov.
Closed on 2nd NY house 2 weeks ago.
Closing on new place in TX in 8 days.
Lease in TX is over end of month so for 3 weeks I'll be back to mortgage and rent.
Your story makes me feel better ! We will be just fine since we have a good savings and 2 good jobs. We do a great job of planning ahead and knew that this situation may arise since. It's just good to hear that someone else tool a calculated risk and it seems to be working out for you.
"Since your up a 100k on the new house why not take less on the old house. Don't be greedy!"
No greed involved at all. We've got the old home listed for about 15k more than we owe on it. To be honest we have no problem just breaking even.
We've got out home priced right and it's in a great area. We just need to be patient and it will sell.
One went under contract in our neighborhood earlier this week.