So, sitting on my kitchen counter is an offer on my house, which needs respondng to by tomorrow morning.
It's not a bad offer. It would have been a better offer had my realtor remembered to tell me about excise tax to the tune of 3 percent. But short of doing a lot of work, raising the price, and sitting around for another few months, this is an offer I should probably jump on. I have talked to several people now, completely uninvested in whether or not I sell this property, and all but one has told me to bail now.
I thought of keeping it as a rental until the market goes up, but I would be upside down $200 each month and that doesn't even include repairs that renters might want. Factor in the new gutters needed soon, the new fencing needed soon, and the clean up needed every time you switch renters... it started to look like a bad prospect. Plus Jeff's parents sent me the tax rules for renting and they don't look very advantageous. If I held for a few years til the market goes back up what I would make off the house would probably break even with what I would lose. Not interested. So glad Jeff's dad has an IRS background and sent me that info. Thanks, Howard! Renting made me feel in over my head financially every time I thought of it, and now I know it's not worth feeling in over my head.
Should have sold last year, but life happens wen life happens, and you've gotta move when you've gotta move. There will be other houses to gain from. I should just be grateful to be getting a nice down payment for our Houston house as well as a little extra money.
I am sad but happy... do they call that bittersweet? It's the last house my mom lived in. Thank goodness I have her things to put all around the new house. I also really like La Center, and Washington, and have some good friends here. As I told Cheska earlier, though; I am trying to remember that we live in a mobile society. I can visit, and I can ever come back in a few years if I want, or buy a vacation cabin here. There are many options, and living cheaply in Houston for a while will open up so many options I would not otherwise have.
On to the good things- we are very close to having our offer accepted on an amazing house in Houston! They did't want to take a contingent offer, and amazingly I got an offer on mine the day we put the offer in on theirs. The stars really aligned on that- I almost should not question it. I will put up links once our offer is officially accepted. I am super excited, though! It's 4 bedrooms, which is what we wanted, with the master downstairs and the other 3 upstairs. It is also 2100 sq ft and in a very nice neighorhood. I'm really, really happy!
I am also going to get to be near Jeff! Finally! I can't wait to go on dates again, and decorate our house, and be able to see each other all the time. It's going to be really great.
It is also good timing because Cheska moves back to Houston next week. So we will be able to hang out and have fun once again, and I am hoping I can coax her out of the inner loop and down to Richmond once in a while!
I better get to sleep now. I have to be at the realtor's office at 8:30am to sign those papers. Sniff... wahoo!... not sure which one to go with.