Well, more eventful days... I've never really had an easy life, let me change that up a little, I have never had a SIMPLE life...:) I'd hazard a guess that 95% of the world would say my life has been easy.
But I have kind of specialized in being complicated... I think I get it from my mom..
anyways enough boohooing.
We put in a offer to lease on a place in Jersey.. no idea if it will be accepted, process if very different/strange as its almost like buying a house, you negotiate the move in date, the price, the down payment/deposit, everything.... and then wait to see if the landlord will accept it...
Its not what we were hoping for, 3 bedroom place so the kids will be bunking together but its in a good neighborhood and was all we could afford with the house still not sold.
Then we got an offer on the house! They offered 20% less than what we were asking... and they can't afford anything more than 15% less than what we are asking. What is it about tough economic times that brings the parasites out in people? To put that in perspective, houses down where we are looking run 500,000 for a 4 bedroom in a reasonable neighborhood.. that would be like me walking in and offering someone 400,000 for their house...
Thank god I have my family behind me, because if we agree on the price I believe we need to agree on, we will lose 25,000$ selling the house we already put 20,000$ in improvements in to sell.... In order to even make that a possibility I have to borrow all of the money from my parents so I can write a check to the bank to walk away from the house I paid so much for and did so much work on... Here I am, a grown man, working for a living for the past 11 years, and I had to cash in all of my RRSP (401k for you americans), steal money from my youngest sons college/schooling fund, and once all is said and done I will have a 25,000$ debt to show for it. Actually, its quite a bit more than that, but I can blame the other debts on things we actually enjoyed so not going into that here...:)
Anyways hopefully this move was the right things to do, hopefully Coach recovers before everyone else in this economic blah blah and we can start making some money... for now its going to be tough. But, as someone keeps reminding me, we're all together finally. I am working for a great company that my wife's friends all love, my boss is great, the team I work with is great, my kids are great... I really have more to be happy about than sad, but who the hell likes losing money? I know everyone is losing money right now, anyone watching their retirement savings are watching it do nothing but go down, but the only time that really matters, is if you need it right now...
If you don't need your retirement savings, leave it where it is, keep investing in the same investments and they will come back. The market always bounces back, it just sometimes takes awhile.. Luckily, I have no money in the market, one less thing to stress about...:)
OK, next step, posting pictures of the family, dogs, disney trip etc... this weekend I swear I'll get some various shots up on here and start making a concerted effort to make this more than just a wall o text.
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