Tuesday, October 05, 2010

I'm Out of Titles For Now

Another mobile home came up for sale on Friday. It's a bit of a fixer - the dishwasher is toast, the laminate flooring in the front room is damaged, it needs baseboards and moulding for every single wall (they put in new flooring and drywalled the ceiling but never installed the trim). But it's on a corner lot so it feels less crowded AND I would actually have quite a bit of dirt to work with, plus an unused strip on my neighbor's lot that I might be able to use (with their permission). We have submitted a full-price offer with a request for $1500 to be credited to us for repairs after close of escrow, and the offer was accepted today. I was pricing trim, flooring and dishwashers at Home Depot today and we'll be able to do all of those repairs within that budget (plus billing for the time we put into it). If anything major turns up in the inspection, of course we will amend the offer.


This one comes with a share as well - no space rent, only HOA dues. We had originally hoped that we might be able to pull off buying both the mobile AND the Silverado house, but Dan's mother has actually agreed to loan us $20k toward purchasing the mobile and we will pay the remainder in cash, which means we will not have enough left to purchase the Silverado house. BUT we'll have that loan paid off in 15 months and then our only monthly housing expenses will be HOA fees and the electric bill. We'll have our initial cash outlay saved up again in less than 4 years if we stick to a firm budget.




The mobile is actually pretty cute and has a nice layout. It's 144o sf, with a large living room, a formal dining room (we'll use it as the office), a decent sized kitchen with room for a small dining table, and two full bathrooms (the master has TWO sinks, I'm in heaven). The master bedroom is 14' x 11.5', which is palatial compared to every house we have ever lived in. You can't see it in the picture above, but the laminate countertop has the cutest blue & white retro "ethnic" pattern on it. I'm already scheming how I'm going to re-tool the kitchen on the ultra-cheap. The cabinets over the cooktop are coming OUT.


Those valances and blinds are OUT OF THERE. I'm a curtains kind of lady. The built-in will be painted and turned into the entertainment center. Eventually we will replace the windows with more energy-efficient windows that will open to allow a cross breeze - this room was the warmest in the house by far, as it has a somewhat western exposure. This room is even bigger than the picture shows. It's great.

This is the formal dining room, which will be our office/workshop. If you look closely, you can see the rough edges of the flooring and the ceilings, where they didn't install any trim. The green room is the master bedroom, which will pretty much be left as is. The master bath needs a makeover badly, but I'm the girl for the job. Those sliding glass doors open out onto the covered front porch, which is shady and nice. I foresee hot summer evenings spent out there.

So there it is. It's not what I dreamed of when I was growing up, but few of us get everything that we want. I can't have a house in the country because of what D does for a living. If we buy a regular house-house, we will never be able to afford things like extracurricular lessons for the boys or time off of work for D so we can go on long backpacking trips. This is a compromise I can live with, so we can have other things that we want.

10 comments:

thefoxkids said...

i think the plan sounds FANTASTIC!!! will you loose anything on the other house deal because your backing out??? oh this really seems like an answer to lots of prayers.. glad to hear things are looking up.. how soon can you tell your crummy landlord your outta ????
good luck w/ the move yea!!!

liannallama said...

It looks really nice and I hope everything works out for this one!

Casey said...

Colleen, I just have to say I am so impressed with you guys. I love you last comments about not having everything and compromising so you can do the things you enjoy. So many people don't get that. You obviously live within your means, what a great example you are to your kids and all of us for that matter. The place looks really nice. Out here in the south, I don't EVER think I have seen a mobile that nice, and I've been in a lot. It looks well taken care of. Congrats. I'm glad you are getting out of your other place - sounded like a bad situation.

Casey said...

Oh! Make sure to post some pics after you move in and make your changes. Can't wait to see it after you "Colleenize" it.

Stephanie said...

Wonderful! I think this is perfect. I can't wait to see what you do with it. This will be your home - it doesn't matter that it has wheels. Glad everything is working out!

Tara said...

Colleen that place is so sweet! Is it close by where you are living now? I love it and I can't wait to see it!

colleeeen said...

Thanks everybody. Kylene, our realtor will work with us to cancel the deal, and then we're going to give her some thank-you cash because she really has done a lot for us and hasn't made a dime.

Casey, I am a FLAKE about getting my own pictures uploaded. I'm so flattered that you want to see pictures, but I can't make any promises.

Tara, it's maybe half a mile at most. Same school, same ward (you can't get rid of me that easily!).

Kimba said...

It sounds like just what you need. I agree, people need to learn to live within their means, and compromise dreams for the steps in between. It doesn't mean you won't have exactly what you want down the road, but in the meantime, you won't have to sacrifice a ton of other things just to have a dream home either. I hope it all works out :) You've been waiting long enough.

Colleen, Mike, Abbie and Aimee said...

I want one too!

Marque and Sarah said...

Wow! That is a beautiful home. Congrats!