No, baby's not here yet, it's official that we have listed our house in Alberta for sale. We were holding on to it for a while because it looked like one or two of my cousins might be interested in renting it for a while - but that fell through.
After many conversations amongst ourselves, and our Real Estate Agent we thought listing now made more sense then taking the risk of unknown tenants for a year and unknown market conditions a year from now.
Selling our first home while staying with my mom will give us the opportunity to pay off a little bit of debt and keep the rest liquid while we continue to save. The intent is that when we're ready to buy again, we'll have that ever elusive 20% down.
That does mean however, that we have a full house full of stuff that we need to deal with when it does sell (and a few small trailer loads of stuff we have to deal with now). So, we've decided to buy a storage container. It's 20 feet long and 8 feet wide and will be big enough to keep all of our furniture and belongings safe that we don't have in my mom's house.
The container was $2,200 and delivery is another $800. So the delivery cost is sunk, but the container itself is an asset as it can be rented or sold afterward. We thought this made the most sense rather then renting storage space (which is at a premium in the small town we're in right now) and would all be sunk.
Wish us luck in finding a buyer!
It's Official
Related Posts:
Mortgage Pre-PaymentsJordan and I secured our mortgage just prior to the Canadian Governments move last year to reduce the maximum mortgage amortization from 30 to 25 years. While right from the beginning, we knew we wanted to pay it off fa… Read More
The Big Backyard Project is Done!! Check it out!
The final piece to the project is done!
… Read More
Are we really going to buy a condo?A few weeks back, I told you that Jordan and I were discussing an investment property, specifically buying a Condo.
We have narrowed it down to which development we are interested in based on quality, marketability, rental … Read More
Tax AssessmentsDo you check yours?
Have you ever contested it?
For my NetWorth post a few days ago I went to my cities website and did a search for our tax assessment - pretty quick and easy! In looking at the details of the page, i… Read More
Updated: The Big Backyard Project
The first deposit has been paid ($750 for the fence, and the work has begun! Jordan and I are both working so we can't see the work being done, but our lovely neighbor is taking photo's for us and shari… Read More
0 comments:
Post a Comment
Hi! Thank you for stopping by and leaving a message.