Mar 16 2012

Breaking News - Sale Pending!

Written by Boyink · Short URL: http://b4a.us/a/5320

Sold already!

Sold already!

It’s been a whirlwind of a week - but the awesome news is that we already have a verbal agreement on the sale of our house, and the official paperwork & processing should begin today. Our house hit the MLS on Tuesday of this week, was already getting showings on Wednesday morning, and by yesterday (Thursday) afternoon we had received an offer from the Realtor who had first toured it. We made a modest counter-offer around 5:30 and had heard by 8:00 that the two Realtors had talked and there was verbal agreement on our counter offer. 

If all the formal processing goes smoothly - and there’s no reason to think it won’t - we should be closing by the end of April.

Who says the real estate market is horrible? 

While we won’t be clearing the gobs of money that the real estate market promised back when we purchased the house, we sold at roughly 11% higher than what we purchased the house at 16 years ago, higher than our mortgage payoff and with enough margin to also pay off the remaining loan we have on the fifth wheel. 

Which means? We’ll be debt-free. Totally. Completely. Debt. Free.

I know - life is funny.  And good at coming up with unexpected and unplanned events.  Any number of things could happen that would cause us to have to go back into debt.  But we have a chance - a small chance - to bust free and stay there and we’re going to take it and run! 

What does financial freedom + location independence equal?

Heck if we know, but we are going to button up things here in West Michigan and hit the road to find out!

Wish us luck!

 

Sold already!

A Google Map of where this post was written.

11 comments on Breaking News - Sale Pending!

  1. Picture of Euan

    Euan writes:

    Great news that you have got an offer already… even better that you have the opportunity to become debt free.

    Posted on March 16, 2012
  2. Picture of Marci

    Marci writes:

    Fantastic news for you guys!!  Congrats, and we hope everything progresses smoothly!

    Posted on March 16, 2012
  3. Picture of Boyink

    Boyink writes:

    Thanks Marci!

    Posted on March 16, 2012
  4. Picture of Jana

    Jana writes:

    Been following your blog for awhile. Congratulations on the sale of your home! Hope all goes well and your plans to be on the road again in May happens. We have enjoyed traveling and living on the road, there is just something very freeing in this lifestyle…and to do it debt free…now that’s really living! Best of wishes!

    Posted on March 16, 2012
  5. Picture of Boyink

    Boyink writes:

    Thanks Jana!

    We totally agree..and have been anxious to get traveling again.  Hope to see you on the road!

    Posted on March 16, 2012
  6. Picture of Sean

    Sean writes:

    Mike,

    Congrats on the sale. Looking forward to following your travelling adventures into the future.

    Posted on March 16, 2012
  7. Picture of Boyink

    Boyink writes:

    Thanks Sean!

    Posted on March 16, 2012
  8. Picture of Carolyn Sasek

    Carolyn Sasek writes:

    Congrats!  So exciting!!  We look forward to crossing paths along the way.  :-)

    Posted on March 16, 2012
  9. Picture of Boyink

    Boyink writes:

    Thanks Carolyn!

    Posted on March 17, 2012
  10. Picture of Larry

    Larry writes:

    Mike and family,

    Let me offer my congratulations as well on the sale of the house!  Hope the closing goes well and gets you back on the road.  From the listing, I thought you had priced it to sell fairly quickly, and I am glad you are able to move on to the next leg of your new life.

    Posted on March 19, 2012
  11. Picture of Boyink

    Boyink writes:

    Thanks Larry!

    It’s funny how things can be a “careful what you ask for” moment..when we had an offer that quick it’s easy to wonder if we should have priced it higher.  But then if it takes longer to sell you make more mortgage payments, have yardwork to do, etc. 

    We’re coming out fine financially and this gets us on the road during the summer yet with no worries about an empty house for sale back home.

    Posted on March 19, 2012

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