Tuesday, July 22, 2014

Under Contract with a Change of Plans...

On July 1st, I decided to
randomly look at the real estate for sale 
in PROVO, UTAH...
Not sure why I did,
but I find different real estate markets 
interesting
(especially the difference in prices)...

I fell in love with one specific property
that was in our price range, but needed
a decent amount of work done on it.
It was built in 1885, and it was gorgeous!!!

I quickly texted Shaun the address
and told him we should buy it
(Jokingly, but wishful at the same time).

We both agreed we could fix it up and rent it
to BYU students,
while we stayed in Colorado.
But that would mean we could not buy
a home in CO, and we would have to rent.

We set up an appointment for my sister 
to go see the property with the listing agent,
but decided that fixing it up while staying in Colorado
did not make sense at this time.
So we cancelled the showing.

They received another offer on the Provo home,
but it fell thru because it is an estate sale
and the offer has to be approved by 
7 surviving grown siblings and the husband....
and that took too long for the potential buyers who also had an offer
on another home, which got approved first.

Weeks passed
and house hunting in Colorado seemed to become
even "slimmer pickings",
and higher prices....
which was forcing us into
a market for a home that was not
anything like what we thought we would have for a
2nd home.

usually your 2nd home is a little better than the first
(and our first was going to be hard to beat).

Something kept leading us back to choosing Provo
over Colorado.....weird, I know!
(I swore I would never live in Utah)

When we went to the Andrew McMahon concert last week
in Fort Collins, we had a few minutes to spare
before the show so we drove around the downtown area,
and fell even more in love with all the old homes.
Andrew McMahon Concert
We looked at the prices and found that a 1500 square foot house with
2 bedrooms and 1 bath was out of our price range
(and nothing near as cool as our old home....)

The next day we decided to actually pursue
that Utah home...and luckily my parents
were in Provo for my lil sisters softball camp at BYU
(lucky timing, I know)
so they went and saw the home with the 
listing agent.

They said the home was in great shape,
especially for its age of 129 years!

The foundation looked amazing with no cracking or settling

the neighborhood looked nice

the elementary school was directly across the street

The church building was 3 houses down

And Shaun would be able to pursue his Masters Degree at BYU!

Cost of living in Utah is also much cheaper than Denver

We did a lot of studying and pondering etc
and made an offer....
not to use as a rental, but to use as our primary residence.

That offer had to be approved by 8 people,
so it took a week to hear back from them....
we heard back today.
They counter offered much lower than we
expected, and we gladly accepted!

WE ARE UNDER CONTRACT AND MOVING TO UTAH!!
(If inspections etc go well...fingers crossed)
details of the home are coming soon

Andrew McMahon at the aggie theater in Fort Collins July 13th, 2014...the show that reminded us that we belong in an old home


No comments:

Post a Comment