I just got a call from Doug, our landlord, to inform me that our apartment has been rented. This was one of the main concerns about buying a house; I mean, there’s the stress of things breaking and my having to fix them, or of the cost, the mortgage, longer commute to work, etc. But because we bought a house much sooner than we had anticipated (due to finding pretty much the perfect house), we still had a rental obligation.
Essentially, we were facing paying a mortgage in addition to rent for the next 4-10 months, or until the apartment was rented. Our lease isn’t up until the end of May, 2009, but we figured that it would be rented by January, 2009 at the latest (end of the fall semester). We’d hoped, of course, for a September rental, but that was a long shot.
But now it’s done, and that’ll save us well over $400/month. o/