Sunday, June 30, 2002

Industrial orange

I always get something of a nasty shock when I arrive at the checkout counter of Home Depot. Invariably, the trip ends up costing about two and a half times what I expected it to.

We had our agent in today to appraise the house. We didn't get a final number yet, that comes on Wednesday, but I expect we'll end up listing somewhere around 195 K and selling around 190 K. Pretty sweet deal considering we bought the place for less than 120 K.

The goal is to pay off everything, the car, student loan, credit cards, everything, and still be able to buy a house outright in Winnipeg. I'm not sure that's going to happen, but we'll get a good portion of the way there. The expenses keep mounting, though: agent's commission, legal fees, mortgage penalty, moving costs; then all the same costs again to buy the new place. It sure eats away the profit margin.

The place goes on the market July 15. Our man wants to hold off because there's a number off places for sale in this building. The theory is that if we're all on the market at the same time it's actually detrimental to our bottom line since we're competing for buyers and driving our sale prices down. It's fine by us anyway since there's so much to be done to get the place saleable. What it means is two weeks of sanding, painting, varnishing, replacing and installing for David.

That two weeks began tonight, with a midnight trip to Home Deeps. July is going to be one hell of a month.

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