Friday, April 14, 2006

Technical Difficulties Suck.

So yeah. I haven't posted in a while, and I should be flogged.

Here's what happened.

We ended up backing out of the house contract because we didn't think the investment was solid. Once we spent $150K on improvements, we would be the proud owners of a house that was indeed fabulous (I'll post architectural renderings later) but would be about $350 per square foot....and NOT in a $350 per square foot neighborhood.

If we had absolutely, positively been confident that we would live out the rest of our days there, it would've been fabu.

But life pitches curve balls. We couldn't risk it.

So, I typed up a lovely post detailing the minutiae of our decision, then somehow had a techie glitch and lost the post. Aggravation.

And frankly, I didn't feel like writing it again, so suffice it to say that the deal just didn't make financial sense for us.

Done and moving on.

We're now leaning towards buying the most house we can afford in the best neighborhood we can afford, even if it means we have to sit on it before we undertake any major remodels.

We'd be able to do some tweaks here and there, but no knocking down of walls or anything else major for a while. But for the long haul and for sound investment purposes, it makes a whole lot of sense.

So that's where we are.

Hey, at least we've learned a few things and enjoyed some architectural porn, which I'll post tomorrow.


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