Wednesday, November 20, 2013

Bought a Condo!

Okay, so I’m financially strapped. You might wonder why I am buying a condo then. Because right now, I can get a 2 bedroom, 2 bath for less a month than I’m paying on this little apartment.

Technically, it’s more a month, but that’s only including the HOA. Which our Roommate is going to cover as his part of the rent. So James and I have the mortgage, which is about $150 less than the apartment. And since it’s a 2 bed, the roommate doesn’t have to sleep on the sofa. He gets his own room. I’m doing this to try and have a little extra money to throw at the lawyer fees Miles saddled me with. So really it is his fault I’m buying a condo. I didn’t want to do this, but with rent prices going up, and me needing to save every penny I have, the cheaper option was to buy.


I should mention, I am terrified. I haven’t really ever owned a house. Even when I was married, I wasn’t working, so I didn’t feel I owned a house. Apparently I was right, because he took it in the divorce. In any case, back then, I felt it was just a home we were renting from someone nice enough to let us change things around the place, as long as they were for the better.

I’ve tried looking at it that way again, but I think my mind has learned to work passed that trick. Because it is my name on the documents. Just me. It will be my place. And I’m terrified.

I can hear my Gramma in the back of my head trying to tell me I will be fine. Women can do this thing without a man involved. I’m so 1950s sometimes. I understand it’s a great move. Even being cheaper than renting, house prices are looking like they will go up. This condo was bought for 120k by the previous owner. She’s selling for 95k. She’s taken a hit. But with prices going up, in 5 years it could be back to the 120k. It’s a smart move to buy now. I’m saving money and looking at profit in the future.

I just know my luck usually isn’t that great. I’m waiting for something to go wrong. I don’t know what, but I am waiting.

This place does have a higher HOA fee than what I wanted, but it covers some decent things. And when I went to look at it, I made some crack about purple walls, and the master bedroom has purple walls. I think it’s kind of fate.


We close the 26th. So nervous!


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