To cancel or not

[mushumadness]

well I never thought I would write that title, but we are in the dilema whether to cancel this Octobers trip.

The reason being we have found a new house which is larger than our with 4 bedrooms, and would be able to accomodate us having another child as well as having a designated room for my childminding, plus its a brand new build, and not much more than ours.

It could quite easily see us through to returement.

We are having to borrow the deposit off dh mum and dad as its a little more than we have. So it seems really irresponcible to go away, and that the money would be better spent repaying them.

so theres my dilema, our dream house is being hung in front of us, and I dare not get my hopes up that we get it till the fat lady sings (or the contracts signed).

took time out to write this while madly tidying for the valuers on tuesday and thursday

 

[Tinks1984]

Oh what a dilema!

But, I think you're being really sensible thinking about this, especially at the present time with everything going crazy in the economy!

I guess it depends how much you'd loose by cancelling your October trip for as start? If it's not a considerable amount, then I'd follow your head and opt for trying to secure the dream house with plenty more room A WDW trip can then be saved for once you're more secure in your new home. I'm sure the family will understand, if not straight away, but in the longrun.

I guess you'll also feel better about paying back your parents too, which again, is less pressure on you and how you feel.

If you've paid lots on your holiday though, it depends how much you could afford to loose on it? If it's mostly paid for then maybe consider altering a couple of items to try make the trip a little less expensive? Just sacrifice something that you'd consider a luxury on the trip.

Sorry if I've rambled on And I hope you get your dilema sorted soon. And I hope the valuation goes well during the week!

Fingers crossed for you

 

[madmumof2]

If it were me, I would ask your inlaws what they would prefer you do. If they're not struggling and tell you they would rather you have a break and pay them back when you can then I'd still go and have your dream house!

If they do need the money and this is only a temporary loan, then I would rather pay them back.

The only issue here is paying them back, so I'd say ask them and let them decide.

The PP is right also, it depends on how much you would lose and when you could afford to go back.

If it came down to the holiday or your dream house though, go with the house! You can go to Orlando any time, and you have an exciting time this year anyway making the house your home. Good luck with whatever you do, I'm jealous! lol

 

[wayneg]

If it came down to the holiday or your dream house though, go with the house! You can go to Orlando any time, and you have an exciting time this year anyway making the house your home. Good luck with whatever you do, I'm jealous! lol

We chose the holidays over dream home.
We had the chance of moving about 6 or 7 years ago, now live in a 3 bed detached, with 1 child. Could have moved to 5 bed, double garage 3 stable half acre of land, very nice house but we would have had a £120k loan and give up most our hols for a few years.
Our son back then was about 7 year old, now 14, we decided to stay where we were, even though a smaller house we have good neighbours and a fantastic view(towards Wakefield over Horbury) yes its bit of a struggle in a smaller house but what fantastic holidays we have had the last 7 years, don't regret staying put for 1 minute.
The house we could have bought was back on the market a few month back £500k, financially it was maybe a mistake but I am certain we did the right thing.

 

[liesauk]

I am sure whatever decision you make it will be the right one if you discuss it with all concerned.

I just wanted to say you are a lovely person to be worried, a big hug for being thoughtful...

liesa
xx

 

[jen_uk]

I would also ask the inlaws whether they need the money back or if they mind you going to WDW and paying them back a bit later. Could you scale down your plans to cut the cost of the trip?

 

[tubtruck]

We chose the holidays over dream home.
We had the chance of moving about 6 or 7 years ago, now live in a 3 bed detached, with 1 child. Could have moved to 5 bed, double garage 3 stable half acre of land, very nice house but we would have had a £120k loan and give up most our hols for a few years.
Our son back then was about 7 year old, now 14, we decided to stay where we were, even though a smaller house we have good neighbours and a fantastic view(towards Wakefield over Horbury) yes its bit of a struggle in a smaller house but what fantastic holidays we have had the last 7 years, don't regret staying put for 1 minute.
The house we could have bought was back on the market a few month back £500k, financially it was maybe a mistake but I am certain we did the right thing.

120K, thats about the price of a street house in many areas these days, it must be a nightmare for first time buyers at the moment.

 

[Pegasus928]

If it were me I would go for the home, and also concentrate on paying back my parents without consulting them about whether they would want me to have a holiday or not.
You probably know your parents situation well enough anyway, without having to ask if they will need the money back straight away.
Personally I think that asking them what they would prefer you to do is taking all the responsibility away from you having to make the decision, and may make it awkward for them. But as I said - you know their situation better than us.
Florida will still be there in the future - and then you will have your dream home to come back to and adorn with photo's of all your memories

 

[whitfields]

why not treat the inlaws and take them with you? as a treat even if it means changing your plans..

or tell them they going on a holiday..to stay in your new place!! hehe

seriously i would buy property as disney will always be there and it gets better all the time, will the house always be there?

after all the interst rate is coming down again by .5% so a little bird told me so grab a mortgage bargain

regards

 

[wayneg]

120K, thats about the price of a street house in many areas these days, it must be a nightmare for first time buyers at the moment.

So glad I am not starting out now, 20 years ago our 1st house cost £14k, we now pay nearly double that for our car, crazy.

 

[Beth__WDW23/6/02]

If it was me I'd go with the house.
You know you can afford to move,pay back the inlaws etc and your gaining by the sounds of it a gorgeus home. It's not just a house it's a new home for you and your family and to me thats worth more than a holiday to Florida,I know we all love Disney here but 2 or 3 weeks later we are all back home,less money in the pocket but wonderful memories,but Disney is going nowhere! and you can go anytime...The "Home" I say.
Good Luck deciding.

 

[natalielongstaff]

I would go for the house and not the holiday

 

[wicket2005]

I would definitely go for the home and cancel the holiday. Whether your parents in law can afford to lend you the money indefinitely isn't the issue, they have been kind enough to help you out and the least you can do is ensure you repay their loan as soon as you can.

Orlando though a fantastic holiday is an very expensive one and a lot of people still regard it as a 'holiday of a life time'. Once you have been, any further trips are a bonus and should be regarded as such as they are dream holidays.

I would start to save up each month a sum you can afford, that still allows you to do others things you want and when this reaches, say 1000 pounds, pay that back to your PiL. For holidays there are plenty of places a whole lot cheaper you can still afford to do. Holidays to me are everybody being together and doing things as a family and it doesn't really matter where we are it is the being together that matters.

I personally couldn't blast money on a holiday to Orlando when I had borrowed money from a relative and from that relatives point of view seeing you blast money away on a luxury holiday may make them feel that they are being taken advantage of. It could create resentment feelings whether voiced or not.

We are in a 4 bed detached house which was a new build when we bought it, 11 year's ago, we have no intention to ever move from it now. For a few yearś we didn't go abroad on holidays but stayed in the UK and had just as much fun as we do going to Orlando so I would say cancel the holiday, pay back the in-laws, then start going back.

 

[Gaynor]

I too would go for the house and cancel (I would prefer to say postpone) your holiday.
Disney will still be there next year and the house may not. You may regret not moving when you have outgrown the house you're in at the moment.

 

[higgy66]

I'm another vote for the house. Not just because it's a bigger or better house but from your thread it obviously ticks off so many boxes for you.

It will be an advantage for your line of work so this in turn will reap rewards and will mean more trips to Florida - therefore this house is an investment for more holidays.

It sounds the kind of place you don't need to move from again so you're sacrificing now rather than later.

Good luck and if you decided to go for the house I hope you get it.

 

[Netty]

I would go for the house, you will have plenty of holidays to Florida to look forward to in the future especially as Morgan gets older, a holiday lasts a couple of weeks-your dream home-a lifetime!

 

[disney13]

Speaking from personal experience, I would definately go for the house. As others have said, you can always go on another holiday. You'll always be thinking "what if" if you don't go for the house.

Good luck whichever way you go,
Andy

 

[Disney owl]

Sorry but I'd cancel

 

[kristieuk]

I would speak to your inlaws - I know if it was mine, they would go mad with us for cancelling a holiday, and would probably refuse to lend us the money if we did! I've heard so many really sad stories recently of people in their 30's and 40's dying suddenly, and although I am all for being sensible, there is always a balance at the end of the day.

If you can get the house and still just about manage with the holiday - even with a little help - life is short, and we need to be sensible and wise, but also have some fun along the way. Good luck with your choice, but don't feel guilty for wanting it all. Why not!

 

[Lisash]

I'd say house too. As many of the others have said there'll be other holidays