Monday, August 31, 2009

Now we wait

The ranch we were looking at has a contract on it now. Someone who wanted it without needing the basement finished first is clearly a better choice for the seller.

We've decided to wait a bit and see what happens with the market. The trailer we're renting isn't bad, except for no overhead light in the kitchen, and current economic philosophy looks likely to cause a continued drop in prices.

Our CO house is scheduled to close Friday and at this point we're very glad we dropped the price and got it off our hands. Finances are bound by natural laws and when people ignore those laws things go badly. That being the case, we wonder if the house would have sold at all this year if we hadn't made it the steal it was. We definitely would have lost the quick sale bonus and the stress of an unsold house 1,000 miles away would have been at best unpleasant.

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