Tuesday, February 27, 2007

Compromise

The seller and I have settled on $375,000. It's $5,000 more than my "max price," but it's on my "half" of the gap between my original offer and the selling price, so I guess I "won." It's $15,000 more than what I feel it's worth, but in reality, it will probably appreciate that much in a few months. (It's funny how one can complain that the price of a menu item in the cafeteria has gone up 40¢ and then shrug off $15,000...)

I'm doing it. I'm going to be a homeowner.

As soon as I sign these last thousand pages of ridiculous documents.

And as long as the stock market doesn't keep tanking and I can no longer make a down payment.

5 comments:

Swid said...

Usually after a crazy drop in the stock markets, a large portion of that loss is eliminated in the day or two afterwards.

Travis said...

I'm hopin' so.

Louise said...

WOOT! Welcome to the wonderful world of home ownership. When you moving in?

Henry Schimke said...

Buying a home is an odd sensation...

Travis said...

As soon as you start packing up my stuff into boxes, Louise.