Tuesday, April 29, 2014

House News

Things have been CRAZY! So crazy, that my creativity was gone. My creativity to write and to design. But, I’m happy to say, my creativity has returned and I’m ready to write again!

The last update on the house, I was explaining that we switched my gas stove with my mom’s electric. We dropped the price on the house, and we wanted to take the gas stove with us.

That was on March 30th. I had plans to find an inexpensive dishwasher to swap out with my nice dishwasher, but I had no luck. I was going to pay for a really cheap one, but then that plan came to a halt. We found a buyer for our house! Before I go further into explanation, let’s just say the detailed sheet I gave out with my flyers listed that we had a gas stove and a new fancy dishwasher. This buyer is keen to details and would notice if I took out the nice dishwasher, so it will remain. He noticed the stove was not gas, and he asked where it was, but he was okay with keeping the electric. Whew. What a nice guy.

So, here we were on March 31st. I get a phone call from someone wanting to see the house. He came over Monday, Tuesday and Wednesday of that week. He made us an offer and we accepted. I don’t think we could have found us a better owner for our house. He loves the house/yard as much as I do. That’s all I could ask for. I know it sounds silly, but I wanted to find the RIGHT person that would continue to take care of my the house.

The contract is not typical and I spent three days researching it. He offered a Lease-to-Purchase contract. Normally these are done where a tenant rents for 2-5 years with desire to purchase at the end of the lease. This kind of contract would have been perfect for my house in Florida!

My sister-in-law made a similar contract on a house. It was a delayed closing. They are moving to a different city, but didn’t want to uproot the kids during school. They made an offer on a house in January, with a closing in May. I asked how they made the seller confident that they would hold up their end of the deal. She said they put enough money down with their offer, that it would be painful to walk away from.

So, there are non-typical contracts out there that work. Our contract won’t be for 2-5 years (thank goodness!) The buyer will move in late June with the plan to purchase in November/December. He signed a year lease, and has the option to buy any time during the lease.

Another cool fact about our buyer, is he already lives in the neighborhood. He has been renting a house around the corner from us for the last three years! And from what I can tell, he is a good tenant. I’ve never known the yard to look bad, ugly curtains hanging in the windows, loud parties ... nothing. He is your model tenant! It’s great to know we don’t have to sell him on our great neighborhood. He knows it and loves it. How awesome!

We are excited for our next adventure. In the meantime, we will crash at my mom’s house until her house sells. When that happens, my in-laws have opened their home to us to crash. That would be a lot of people, but it would be temporary. We won’t break ground on our next house until the deed is transferred over to the new homeowner. It’s the safe way to do it. Luckily, we don’t have to wait forever. If I go ahead and get done with the design and negotiating with the builder, November will be here before I lift my head to breathe!

Are you ready?

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