Our home . . .
Our blasted piece of wonderful awful property that we have spent so much dang time tearing apart and putting back together. At first it was for us, fixing up our first home, making it ours and making it beautiful. Making it the kind of place where we might just bring home the first mini-Murphy . . .
[Insert sound of scratching record here]
We made the life changing decision to build a newer, (no, BRAND NEW) bigger, more beautiful, more perfect home. Where (despite my adamant opposition to discussing the topic right now) we will, most likely, bring home the first mini-Murphy (deep breaths, Kate, deep breaths) and most likely (if I survive the first one and decide to procreate again) the second mini-Murphy (don't get excited all you Grandparents out there. I'm stopping there until much, much further notice.).
The downside of this decision is, obviously, the additional cost. It's been a worry since day one, but regular prayers and many blessings have made it seem like the right decision and fiscally possible for us.
Then yesterday, our Realtor came over to look at our house for the first time and give us an idea what to list it for and look at comps, etc. She asked to see our floorplan for the new home online, and you know what I saw?
They reduced the base price of our new home. By kind of a lot.
And the market here has dropped enough that we will most likely not be able to sell our house for quite as much as we thought.
I was FREAKING OUT. We were both freaking out. It was hard to see the equity we thought we had already built up . . . gone. The appraisal vs. amout paid? Not good. It was a very stressful night. The problem of not as big of a down payment? Stressful. We started crunching numbers again, stressing out again, praying again.
Today I called the builders office, left like five messages hoping to talk to someone about what they planned to do for us in this new precarious situation. No one called me back.
I was pretty upset.
This evening at about seven-thirty, I got a call from our original salesperson at the builders office. Note, she is on MATERNITY LEAVE, having just dropped child three weeks ago. So having her number pop up on my phone worried me more than just a little.
Then, she said the magic words:
DROPPING.
YOUR.
BASE.
PRICE.
TO.
MATCH.
NEW.
DISCOUNTED.
PRICE.
And here is probably the coolest part ever. And why there is no doubt in my mind that God knows what's up with all of us little peeps down here -- The discounted we get is almost exactly the same amount as what we think we have to drop the selling price of our current house. Granted the hit on the market put a dent in our equity earnings, but I am confident we will earn it back.
So we are back to being exactly where we thought we'd be. Back to almost the exact same delta between the selling price of our house and the purchase price of the new one. Back to where we decided we would be OK.
But the other cool part? That's being conservative. There's a pretty good chance we'll be able to sell our house for more and be even better off.
I need to remember this and never complain about my life again.
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4 comments:
Ummm, so, if I understand this correctly, you're announcing that you're pregnant with twins? WHAT??!!! Kate's pregnant with twins!?! hahaha. That's the rumor I'm spreading around. I'm putting it on my blog right now. Seriously.
Truly, though--house prices are dropping in Phoenix. Still going up in Utah. Sign? YES!!! Come be my neighbor! Come on, you know you want to. Here, Katey Katey Katey.
I might even babysit the twins. hahaha. You're right. I won't. But I bet Maddie will...
(By now you are never EVER going to mention having a baby again, and CERTAINLY not going to mention possibly having TWO! See what I've done?)
Love you and your big fat pregnant-with-twins belly. HAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
Very cool Kate. God is pretty awesome, isn't He? How quickly we forget...hahaaa
Very funny Miss Anne. VERY FUNNY.
Oh my gosh! You're PREGNANT! I knew it! I'm kidding, but at least we have written proof that you may, someday in the very distant future, produce an offspring! That's a huge step! Hehehehe!
The house thing is awesome! The Lord like us to sweat a bit before the real blessings come! Yay!
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