More on this in a couple weeks after we close and things settle down a bit, but just wanted to let you know that we bought a new house. We should be closing in two weeks or so and once it's a done deal, I'll start giving details on how we found the house after looking for two years, the home's specifics, the price negotiations, the inspection, selling our own house, etc. -- all the dirt.
For now, I thought I'd simply make the announcement. And for those of you who are the praying type, we'd certainly appreciate your prayers for a quick sale on our house. :-)
Awesome, congrats.
Posted by: Mark B. | September 25, 2008 at 02:40 PM
Congrats! Sounds like it went well enough. We purchased and moved in to our first home about 3 years ago; but the complicated juggling act of buying while also trying to sell kind of scares me. It sounds like you figured it out.
-JC
Posted by: Jonathan C | September 25, 2008 at 02:48 PM
JC --
"The complicated juggling act of buying while also trying to sell kind of scares me. It sounds like you figured it out."
Kind of. Details to follow...
Posted by: FMF | September 25, 2008 at 02:54 PM
Post your price negotiations so buyer of your house can use them ..
What comes around goes around ... remember that ...
Posted by: | September 25, 2008 at 02:59 PM
Anon --
1. It's always "funny" to me when people make biting comments and yet don't identify themselves. But you have the same IP address as someone I do know...
2. I've assumed we'll "take a bath" on the sale of our house. But since we're trading up, we'll save more on the new home than we'll lose on the old one.
Posted by: FMF | September 25, 2008 at 03:04 PM
Congrats! Must feel good after a long search. I looked forward to hearing about the details of the deal. I am assuming you stayed with the agent you wanted to get rid of.
Posted by: Todd | September 25, 2008 at 03:39 PM
Todd --
Yes, we did stay with her.
Posted by: FMF | September 25, 2008 at 03:40 PM
Congrats, FMF. Good luck to you on the sale of the current home.
My time is coming soon, trying to get all those "honeydew items" crossed off my list before I get busy at work again.
Posted by: Kevin | September 25, 2008 at 03:44 PM
Congrats on finding your dream home! You should consider listing your current home for sale on Zillow. It's totally free and you can add a ton of pictures to attract potential buyers.
http://www.zillow.com/learnmore/what-zillow-offers-sellers.htm
Posted by: WhitneyT | September 25, 2008 at 04:24 PM
Congrats on the new house...one piece of advice I always heard when it came to selling a house is to make sure you price it for what you want to sell it for...and it'll sell quicker. (As opposed to asking for a higher price and expecting someone to offer lower, etc. They take longer to sell in those cases).
Anywho, good luck!
Posted by: Mark | September 25, 2008 at 04:25 PM
Congrats!
Posted by: Sarah | September 25, 2008 at 08:19 PM
Congrats on the house! We moved in at the beginning of June. It's always exciting! Good luck and best wishes.
Posted by: Kevin | September 25, 2008 at 11:04 PM
Congrats, and good luck! :)
Posted by: Patrick | September 26, 2008 at 12:47 AM
Congrats and Good Luck! The thought of getting back into the mortgage "juggling" game scares me to death. I'm going to stick with my current house for a while before I make that leap.
Posted by: rdub98 | September 26, 2008 at 08:13 AM
Yay--that's great!! We'll pray for a quick sale of your old one, FMF...
Posted by: TheJapChap | September 26, 2008 at 08:28 AM
Congrats!
It feels good to get into a new home, can't wait to hear more about it!
Posted by: BigBoy | September 26, 2008 at 08:50 AM
Congratulations FMF. I also want to hear all about it.
If you are interested, I would be happy to send you a detailed account of our recent home purchase. We close on the new place in about 3 weeks and close on the sale of our place about a week later. All during this period of time where the daily headlines trumpet the impending demise of the U.S. and global economy.
If you find it worth while feel free to post it. I promise I won't spare any of the details.
Posted by: rwh | September 26, 2008 at 01:01 PM
RWH --
Great! Send it on!!
Posted by: FMF | September 26, 2008 at 01:12 PM
congrats fmf i know you've waited a looooonnnnggg time to get a house and there is no doubt you did well with your knowledge base and the amount of decent deals i'm sure you passed up
but....
maybe a little bit of the pot calling the kettle black with your reaction to anon
on another blog you stated,
I get people like this all the time too — too touchy, offended at the slightest thing, etc.
http://allfinancialmatters.com/2008/08/20/a-conversation-with-a-disgruntled-reader/
Again, congrats on the new house.
wyctcms
Posted by: whatever you choose to call me sir | September 26, 2008 at 04:34 PM
Whatever --
Yes, I'm a bit touchy on that issue. I don't care if people disagree with me, but at least be man enough to do it in the open.
Posted by: FMF | September 26, 2008 at 04:42 PM
might not be a man, but I get your drift!
Posted by: whatever you choose to call me sir | September 26, 2008 at 06:57 PM
I'm sorry to hear that you let the mindless babble of real estate agents put you in the poor house. For someone who is so anal with money, why would you even consider buying a house when the market has a long way to drop? It is always amazing to me that people cut coupons to save 50 cents but willingly overpay several hundred thousand dollars for a house. Just remember, a 15% drop in home prices is not a bargain when prices rose 200-300% over the decade in many places.
Posted by: Anthony | September 26, 2008 at 11:21 PM