Wednesday, December 27, 2017

Such a bittersweet post to write

Many people knew that Todd and I were really unhappy with our housing situation for a long time. We bought our first house together in Huntersville in February 2007, months before the market tanked. Housing prices were really high then and so we struggled to find what we wanted in our price range and only had about 45 days to find one because we sold the house in Mooresville and had to be out. We did find a house, but were never really thrilled with the neighborhood because it had almost no amenities and was really a starter neighborhood. But, again, prices in Huntersville were high and we had such a tight time frame to work with, so we took what was available, even it was never our favorite. We made a deal that we would stay in the house for 5 years and then move on.

Weeellllll, no one really predicted the housing market tanking. And it hit our neighborhood hard, making many of the houses rentals over the years. When our 5 year goal came up in 2012, we weren't willing to sale because the value hadn't recovered and we weren't willing to lose money on the house. So many rentals in the neighborhood also made things dicy because renters have no incentive to do upgrades to the houses and don't care about the values of the homes. So, we held out, waiting for things to improve. The desire to move never left, especially as we watched neighborhood conditions start to deteriorate over the years. Finally, towards the end of 2016, the values in our neighborhood had recovered well enough for us to start discussing selling. We had made quite a few upgrades to the house over the years and knew we were finally in a good place and could make a good profit instead of losing money. On April 12th, we felt financially ready and took the leap to call a realtor friend I met through Aubrey's school. We started the mad dash of getting the final touches on the house to get it on the market towards the end of April.

We also started to tour a few houses that we wanted to buy in the mean time. Houses at this time were being snapped up within days of going on the market and we wanted to get a jump on the search. I was pretty upset because again we were facing limited choices in our price and size range and I wondered if we would have to settle for something we didn't really want again. We did find a house that we loved in a neighborhood we wanted to be in and we placed an offer on April 24th, even before we officially listed our house. However, the seller's realtor encouraged the sellers not to take the offer because our house wasn't listed yet, and houses were going so fast in Huntersville. I was disappointed but understood and hoped for the best once our house went on the market. 

Wednesday, April 26th this sign went in the front yard.


And it was game on quickly. We had so many showings that weekend and got our first offer on Saturday, the 29th. We were excited at first, but then mad when we realized the offer was for 10k less than our asking price. The market at this time gave them no room for that offer so we started negotiations. That went back and forth Saturday afternoon and overnight into Sunday, the 30th while we went out on our own search for a new houses. We were within about 2k of our lowest acceptable price and the potential buyers backed out Sunday morning. Oh, I was crushed. But, our realtor came back very quickly and said another offer was pending so we held on. We had a dance completion to go to that day so we packed up and went to the competiton all while biting our nails and anticipating a phone call. I was sitting on the floor of an auditorium getting Aubrey ready to dance when Todd texted to tell me we had a new full price offer on the house but they didn't want to close until the end of June. Deal breaker. There was no way we could wait that long to close. Most sellers were wanting closing to be in 45-60ish days. That would put us at almost 75 days. So, the battle began again before settling on Monday afternoon, the 1st at a slightly lower offer but closing on June 15. We also got the buyers to agree to let us stay in the  old house until the 17th so we had plenty of time to move and settle the new house since they weren't moving in until August.

Side story. We sold our last house in Mooresville to a lady from California. She wrote a check for our house and it blew our minds because we couldn't imagine having that kind of cash in the bank. So, we  laughed when we realized our new buyers were from California. However, they were first time buyers so no major check writing this time. The shocking part of this transaction is that they bought our house sight unseen. They made an offer on a house they had never even stepped foot in. They based their offer on the fantastic drone video our realtor had made for us. Their realtor came in to see the house during the inspection and one of the buyers came sometime later in May. But, his wife never saw the house until the day they moved in. I would have serious issues with that myself, but I guess when you are buying a house clear across the country, you do the best you can.

Back to the main story. Once we had our signed offer on the old house, we had to find our new house quickly. By complete luck, the house we placed an offer on the week before was still on the market. At 8:00 that Monday night we placed our offer on the the house and by 10:00 pm we had reached a deal with the sellers to close on our new house on June 15. Our realtor deserved so much for all the work she did for us that day. We can never thank her enough.

Then, reality set in. OMG, we were MOVING. Finally, after 10 years of not being happy with our housing situation, we were finally packing up to move. The months of May and June were a bit of blur, between the normal family life I blogged about already and packing 10 years worth of stuff. There were lots of bittersweet moments that filled those days. Like Aubrey's final last day of school picture in front of the house.  Last days on the swing set (we left it for the buyers).Tears from the kids about leaving the only house they had ever known. Planning for new bathrooms and kitchen and a bonus room. And the never ending stream of boxes and packing tape.

There was was plenty of drama along the way with both houses between setting up the mortgage (realizing Todd's social security number somehow got linked to another guy that lives in Maryland), getting our house to appraise, and then negotiating repairs to the old and new houses.

The closing for the old house got bumped up to June 12th so the transaction would have time to clear and hit the bank in time for us to close on the the new house on the 15th. It was strange to walk into the bank and sign our house over. It was very unceremonius but still felt sad to sign our name to those papers. Everything cleared on the 14th and we got notice the transaction was done. We were officially renters for 4 days and so thankful we had that time to get ready to move.

Before we knew it, it was June 15th. We came to the new house for our final walk through that morning and it was high drama. We realized the upstairs AC wasn't working, the sellers didn't put up a mirror they were supposed to put up, they took all the curtains with them, and they didn't leave a mattress they promised us. I had to leave quickly for an appointment and left Todd and the realtor to settle the drama. Our realtor started threatening to not close (meaning we had no house to stay in after the 17th) and luckily that motivated the seller's realtor to push the sellers to into action. Finally, at 2:30 pm, we signed what seemed like a 100 documents and were handed the keys to our new house. We started moving a few things that night including the beds because we had to get the dogs out of the old house per the contract which meant sleeping in the new house. The next day was a blur of boxes and sweat and 500 trips up and down stairs. But, it was so amazing to celebrate this milestone in our lives and enjoy the fruit of our hard work.


Picture of our new house from the MLS

On Saturday, the 17th, I went back to the old house for the final cleaning and walk through. We had to be out of the house by 4:00 pm and I had about 5 hours to clean it. Of course the vacuum cleaner decided to die so I had to make a mad dash to Target for a new one, which cut my time down to about 4 hours. I started panicking about being able to finish on time when an angel in the form of my mother came over to bring food and help me clean. We cleaned like fools and at 3:40 an agent from the buyer's realtor's office comes over for his walk through. We were just wrapping up when he came in. We had to rush and get the final things packed in the car before we had to lock up. I packed up the car and shut the front door and the tears hit. I was really surprised by the tears and posted this on Facebook. 2 months and 5 days after calling our realtor, we closed the chapter on this part of our lives and it just seemed so unreal to me then.


10 years of praying and hoping led us to the house that we hope to be in for at least the next 20 years. It still shocks me sometimes when I drive into our new neighborhood and realize its ours now. I have messed up a few times and driven to the old house on auto pilot. But, we have enjoyed living here so far and are so excited to make all new memories here.





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