I am excited that we'll be in a house that has plenty of space, but I am also apprehensive about an interest-only mortgage payment in a risky market that experts say is near bust. The news today of the tax strategy to eliminate breaks for homeowners was not welcome news. Never has the economy looked so gloomy as far as I'm concerned. For a family that lives on the proceeds of one wage-earner's salary, the cuts to the "middle class" are close to the quick... and could mean the difference between the middle class and the "tragically financial-impared class".
My prayer is that not only will God more than enable us to sustain our living expenses here, but that He would bless us richly and prosper us so that we are able to completely dig out of the bondage of debt... and we are able to be a blessing to others for Him. We commit our ways to Him, sink or swim. If it is the Lord's will, we pray that this house will close and we will be legal residents of our new state in November of 2005.
Jeremiah 29:11 - For I know the plans I have for you," declares the LORD, "plans to prosper you and not to harm you, plans to give you hope and a future."