We just got word on the appraisal from the credit union, and the news is not good. Our house has lost about 10% of it’s value since we bought, which means we are nowhere near 80% equity and will have to pay mortgage insurance if we go ahead with the refinance. We are planning to cash out some of our retirement funds without penalty in order to pay off some of the loan and still maintain 80% equity, so I think we can still do it.
As if that wasn’t enough bad financial news, it looks like Northridge is going to have to lay off 8 more employees in order to stay afloat for the coming year. Some of the 8 include good friends of mine at the company.
All of this would be easier to deal with if Liam hadn’t decided to stop sleeping through the night. He now wakes up regularly around 2am and can only be soothed by watching television. We were hoping to make it until he was 2, but at least now I can catch up on SportsCenter.
Yeah, right.
Crap, Matthew, you had me going for a few minutes. I miss being able to put salt in your sugar bowl, or vice versa.
well, at least there’s an upside – liam’s gonna have a cousin! guess who’s preggers?
Nice.
OMG.