We have a contract on our house!
We had to agree to work with (read pay commission to) a buyer's agent, but we still saved 1/2 of what we would have had to pay had we listed with a Realtor.
We are set to close in six weeks, so needless to say, we're going to be pretty busy between now and then...
Finding a place to live in Florida...
Lining up a mover...
Packing...
All while I try to move the deal I'm leading at work toward closure.
Initially, we had thought that we would rent an apartment. After seeing what the rental rates were, we decided we should evaluate other options.
We thought about renting or buying a relocatable domicile (aka mobile home, oka trailer) but we couldn't find a suitable park, and the covenants in our to be new neighborhood forbid such residences.
So, we are now considering purchasing a small house on-island that we can either easily turn around and sell in a year, or possibly even keep as rental property. Buying a small house has a number of advantages over renting, including potential appreciation, not having to store our furniture, and retaining an income tax deduction.
So, barring another back out on the part of the prospective purchaser...
Hi ho, hi ho, it's off to Florida we go...
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Posted by David at April 12, 2005 09:07 PM