I have mixed emotions about this...
listing
We've decided to put our condo on the market. Here is some background, to help you understand my emotions. I bought this condo the winter after I got home from college. Rich and I had been dating for a little while, and probably at that point knew (hoped) we would get married, so I bought the condo so that I'd have something that I accomplished on my own. I'd have something to bring to the marriage if that's where we were headed. Plus, if that's not where it was headed, I hadn't just wasted that time of my life, I was moving up in the world, whether Rich was with me or not. I also always new that I wanted to get into the rental market, and I knew it'd be much harder for Rich and I to buy a "second investment home" after we were married, than for me to buy a primary home before. So, on to my emotions...
I am super EXCITED! This condo is a rental for us right now, but does not make cash flow for us, so it's taking money out of our monthly budget, and definitely hasn't been gaining in value through this economy! Rich and I have felt really convicted lately about our mortgage. Mortgages are so insane if you really think about it. Right now, we pay approx. $500 a month in interest! I know, most of you are probably thinking how low that is, because it is quite low compared to the norm, but seriously, has anyone ever really put much thought into that?? Throwing away that much money each month on interest is a good plan?? Don't even get me started on the arguement, "but it's a tax deduction..." Wouldn't that money be better off in our pockets, or better yet being given to our Lord?? So, we are in mortgage payoff crackdown mode. God has confirmed our conviction numerous times over the last couple of months, and as we started the process of putting the condo on the market, He gave us a few more confirmations! So, when this baby sells, our mortgage balance will drop considerably! Who wouldn't be excited about that?!?! Did I mention it's even more desirable to pay off our mortgage because we've made a vow that we will not do any remodeling/addition to our house until we have $0.00 in debt?? And this girl is just like any other, she is anxious for some more space!! (If you've been to our home, you completely understand my desire)
I am also feeling a tinge of sadness. Don't worry, the excitement completely overpowers the sadness, but it's still back there. I know it will hit me more when we actually sell it. When I was in South Dakota for college, not far into the school year it became apparent that I needed a car there. There wasn't much of a bus system, and grocery stores and shopping were NOT within walking distance. All on my own, I bought a Ford Escort ZX2. I drove it all year, and even drove it, packed full to the brim, all the way home from college. I loved that car! When Rich and I got engaged, he sold it so he could buy a truck :-( (Ok, I completly got upgraded out of the deal too, but still :-( He recently pointed out to me that my little ZX2 now lives on the Lynden Birch Bay Road. I don't know the current owners, but I do know that every time I pass it, I want to cry. I don't feel that way about any other car we've had, but that was MY FIRST car, the car I shopped for on my own, made monthly payments on, and paid off on my own (disclaimer: my mom did give me a portion of the downpayment). So, considering the emotions I have about my first car, I'm quite positive I will have at least as many emotions about my first home.
1 comment:
I am amazed at your discipline - way to go kids!! You can start paying ours off when you're done with yours :-)!!
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