darkwing42 OP t1_iuird0i wrote on October 31, 2022 at 5:17 PM

Reply to comment by np20412 in Got a new job offer in another state with a much lower COL. Can I use my existing 401k for down payment? by darkwing42

Darn, I pretty much came to the same conclusion, but with good homes available at under $300k I got stars in my eyes and was hoping for a hail mary.

I suppose waiting a year won't be so bad, it'll give some more time for home prices to drop further and rent for a similar place I'm at now is about half the price, so saving will be easier, and with my signing bonus and relocation package I can cap off the last of my debt.

SonOfMcGee t1_iuixp0q wrote on October 31, 2022 at 5:58 PM

LCOL places are that way for a reason. Always rent first if you’re moving to a different state.