Home is Where... ?? (Day 77)

Mmm K, so for those of you who've been following more than a minute may know Hubby McHubberson and I bought a house. We were super stoked about this, even as a military couple. Many people didn't understand why on earth we'd do that so our reasoning was as follows:

• The mortgage on the house we bought would be less than renting a house of that size and it would be our house, to do whatever we want with, build equity, etc. etc.
• In the Marine Corps, there aren't as many places you can be sent as in, say, the Army. Theoretically speaking, we could request to stay at Lejeune for a long, long time.
• Although our rental is working for us right now, we are outgrowing our current space. A family of 3 in a 2bedroom, one bath house is a little snug, to say the least.
  
• I don't want to live in on-base housing. They take your BAH away and we're saving by having BAH, as our rent PLUS bills, is still less than BAH. We're making money of Uncle Sam, yo.
• I want to PAINT rooms.
• Our house is brand spankin' new, hasn't even finished being built yet. And it is SO cute.
• Renting is pretty much just throwing money away, month after month...
  

Now, recent events and information have caused us to rethink our decision. Luckily, we have the rethink luxury, as we don't close on the house until it is built - May. We are not currently locked into an interest rate (can't do that until March-ish, 60 days out). So, what may cause us to rethink our cute brand new house, you may ask? Well...

• As I said, our neighborhood is brand new. SO in the event that we did get stationed somewhere else upon reenlistment, resale will be super hard if the neighborhood is not finished yet (Why buy a "used" house for more when you can have a brand new one for less?) and renting is just a total pain, I hear such horror stories from people who have to rent their homes out.
• Mr. P is looking at the option of becoming an instructor at MOS school (where we met) which will be in Virginia by the time that comes around. Instructor = no deployment. I can not argue with that.
• I really don't want to get stuck with a house if the two points above happen and if we get stuck without renters then we will be broke!
• When you own a house, anything that goes wrong is on you (after the one year builder's warranty that comes with our brand new house, of course). So the dishwasher breaks when hubs is deployed, it's on me. It snows, I gotta shovel. I gotta mow. Lots to maintain and upkeep, especially when I'm on my own.

I am so torn. On one hand, I want my house. And I am beginning to fall in love with North Carolina (I mean the beaches... HELLO!) but on the other I really don't want to get stuck with something as permanent as a 30 year mortgage. Oh the decisions of grown-ups (Gag). I've only got a short time to decide too, and I'm mostly making this decision alone as hubby is out playin' in the sand. YIKES.

Speaking of the sandbox, I had written a whole post on the second worst day of the deployment which I had beginning at midnight last night continuing in to today. Basically, if you've been watching the news, you're seeing hubby's unit. I had spent lots of time scouring photos for people I know, friends' spouses... well now, I'll be looking for my own as well. Hubby is now... more in the action than he was before, so to speak. I had a severe nervous breakdown at around 1 o'clock this morning but now I am just pray, pray, praying. I've never prayed this hard in my life. I'm not going to post the whole thing I wrote before because it was just too much of a downer and I need to focus primarily on staying positive, even though it's getting harder.

Ok, back to the task at hand. House. Right. So. We put a $500 Earnest Money Deposit down, which of course I wouldn't want to just throw away but it, honestly wouldn't be the largest amount of money I've "wasted" in my life if we choose to back out. And if the interest rates happen to go above a certain rate then we can get out of the contract and get our EMD back anyway.
So the task to you, fellow blog-ites, is to give me some opinions. Those of you who own, those of you who rent, those of you who are military. All are welcome. I may not agree with what you have to say but I will consider it and use all knowledge in making a decision. Right now we're leaning towards getting out of it, but I still have my heart set on my home. I told hubbers he was crushing my dreams of buying a house he says "We did buy a house, now we're just returning it" hahaha clever monkey.