Man, some decisions are just so hard to make!
For the past couple of weeks, Tim and I have been going back and forth on a major decision. I am positive I've complained about our neighbors behind us - and the last couple of weeks we've been at a breaking point. If Tim wasn't about to snap about them, I was. We'd had it with them.
Soooooooooooooooo...we almost signed papers to build a house. Almost. We had been pre-approved and basically we would have started if we put down $1,000 and signed some papers. Almost did. But we just couldn't quite do it. I fell in love with the house plan - it was absolutely perfect! I wouldnt have changed a thing. Not a thing. The layout was perfect. It was on a half-acre lot. 3 car garage (for Tim). Nice area. We could start fresh with landscaping. Because interest rates are low right now our payments would have been around the same as what we have - only we'd have a house much bigger than what we have now. But we just couldn't do it.
When I walked through the model house last night, I just didn't feel what I did when I walked in this house. When I thought about leaving this area, I just wasn't happy. (Seriously? I have neighbor issues but I want to stay?) I wasn't happy with taking Ster from his 2 whole friends in the neighborhood. I wasn't happy with his long bus ride to school. And I really wasn't happy with the thought of someone else in this house!
See, in order to build the house, we'd have to lease this house out. The construction company has a deal going on right now that they will pay a property management company to lease out our house for 3 years. So, for the next 3 years we'd be guaranteed rent money (which they agreed to match our house payment). We'd only be responsible for utilities if the house stayed vacant. And maintenance if any problems arise.
We talked back and forth on what we need to do to this house - or what we want to do. And it all adds up. It seemed to us that if we built a house we'd be able to forget about all the things we need to do (windows, AC unit, re-do the fireplace, windows, carpet, re-do the hardwood floor, re-do bathrooms, concrete patio, trees, new shed. Get the picture?
It seemed like a perfect opportunity! We could afford to do this. But, if we had to pay utilities for 2 houses for more than a month then funds would be very, very tight. At the end of 3 years we would be responsible for 2 houses and what if the market didn't improve? We'd have 2 house payments if we couldn't rent the house. We'd have been able to barely squeek by if that happened.
After talking and going back and forth, we finally decided not to do it. I don't know who is more disappointed - me or Tim. Ster's happy. It is a relief knowing that I won't have to worry about two houses (yes, I would worry). And I really do love this house. It needs some work - but it'll be fun to fix it up.
Now, if I can just get Tim to agree to build me a headboard and two bedside tables, life will be back to normal.