Sale Pending

YAY! It finally says "Pending"!

There it is, folks - my new home. After about a half-month of searching, I located the home that I will be purchasing. Last week I submitted an offer, which was counter-offered by the owners. They came down only $500, yet, I still felt it was too good of a deal to pass up. What might have complicated things was someone else submitting an offer only one day before I did, meaning I had to compete and didn't have the luxury of submitting an offer at least 1o% lower than the asking price. I didn't want to insult the current owners, either, who've been described to me as cautious and stubborn when accepting offers on their home. With that being said, in a competitive bidding process, you have to go with your gut. And that's exactly what I did. Am I a bit disappointed I couldn't land this home at a bit lower price? Sure ... but only a small fraction because I feel I got a tremendous house for a great price. When I toured six houses including this one, this was by far the best that I had seen. Important updates were made on the home meaning all I have to do is move in and it's all set. Eventually I'd like to do a few small changes to the place - but really nothing dramatic because I feel it's good the way it is. Now all I have to do is wait until the end of this month for my deal to close.

Tomorrow is a pretty important day regarding my new home as I get it professionally inspected. The current owners are still there - they are not scheduled to leave until the end of the month. However, as a buyer, I have the right to have the home inspected during the sales process. I have been told I will learn a lot about my home this way - which makes it very necessary for me to be there in case the inspector comes across something significant to the structure where repairs may be needed. This is my "out" clause, if you will. If I find something structurally deficient, I can cancel my sales contract or require that repairs be made prior to me moving in. There is no fault against me if I wish to move away from this home. However, I have a good feeling that won't happen as I saw nothing out of the ordinary the previous two times I went and saw the house. It'll take about two to three hours to go through the home, which sound pretty lengthy. But in the end, I think it'll be worth it.

That's not to say I don't feel a tad bit sad about leaving my apartment. It was strange as I entered the building where I currently reside. I began to feel sentimental about things; you know, I've grown to like my apartment. Its become my home away from home, if you will. But I am running out of room and when you pay rent, it's basically like throwing your money away. It's time for me to move on. I have a stable-enough job at this point where I am able to buy a home and not have to worry about a foreclosing. So at the end of this month, I will be packing up and moving about 10 miles south of town. I am sure I'll have mixed emotions about everything - but in the end, it's all for the better. I am getting a great home and moving into a place that's relatively maintenance-free. How can it get any better than that?