Right now in this moment, I’m in the process of purchasing my next real estate investment. It is the culmination of years of disciplined saving, sacrifice, and most of all, patience.
This has brought about more lessons in the fine art of “non-judjment” because as with any big challenges or changes, nothing really goes exactly as planned, and it can be hard to stay in the moment.
Me and Melissa moved in with her parents at the end of may last year, so I could be rent free and really step up my savings even more aggressively. This has certainly been a challenge in some ways, but never the less a blessing that has allowed me to get further ahead than I originally planned.
I had planned to start the house search this spring, and while we waited, me and Melissa developed a “watchlist” on realtor.com using the apps on our mobile devices. There were many nights we would lie in bed just before sleeping and would be scrolling through all the options, price ranges, and locations.
Eventually this led of course to some road trips to go see our favorite listings in person. The funny things being that the ones we seemed to love the most we found fairly dissapointing in person, and the ones in my preferred price range/location had become a very sparse list.
There was one home on the list that didn’t really look all that impressive, but I was really drawn in by the location so we made a trip out to see it. As soon as we pulled up I can remember her saying “wow that house is kind of sketchy looking”, because it was wildly over grown and the paint was peeling.
But as we sat in the driveway for a minute something happened. It was almost like “potential” started to creep in and I started to get that intuitive sensation that I can only describe as a “knowing”. It flowed over me like a wave and I somehow just knew, without seeing the inside, that this was the next step I had been preparing for.
I inquired about the property when I got home, and I was informed that it was indeed a foreclosure which required a septic system and a new well, which suddenly put it out of my comfort zone price wise.
This was a dissapointment, but we kept it on the list and just kind of waited. A few weeks later the listing dissappeared and I was informed that someone had put a deposit on it.
This struck a blow because there was just something about it that was calling us. I was prepared to just let it go anyhow, but there was still something deep inside that was just kind of nagging me.
About a month later while I was working I received an email saying a listing had changed. I took one look and saw non other than that same house looking back at me…20 thousand dollars cheaper!!!
The man who sold my previous home is one of the most personally knowlegeable people I know about these situations, so I immediately called him and we set up a time to go take a look.
As soon as we stepped inside, whatever intuitive force was driving us just escalated. All hardwood, all modern updates with a full basement and super solid construction for the nineteen fiftees era, a huge yard with almost 2 acres of privacy right off the highway? This was it.
Being that it was a foreclosure and needed some major things, I decided to try my luck and throw a low ball offer, but this is when I received my second scare.
We were quickly informed that the price drop had attracted two other interested parties and that the bank was going with the highest bidder. This was a nailbiter. I did not want to lose this property, but I had to take a deep breath and tell myself what I could really afford. I had already learned that no property was worth it if it crippled you financially, so I came up with the number that I was comfortable with and just let it ride.
This was one of the toughest periods being that it took the bank 4 or 5 days to come to a conscensus. I would catch myself staring at the ceiling and sporadically checking my phone at night and having a hard time sleeping. I had to really practice my breathing and empty my head to get to sleep. It was a challenge.
Regarless, one evening, probably around 930pm I received a single short text that read “offer accepted 🙂 ” and all at once it seemed tension and worry just drained out of me like a river. It was a fantastic victory and certainly took a load off, but it really was just the beggining.
Being that this was a foreclosure, it required what is known as a 203K loan because of the massive expense of the septic and well installation. This involved weeks of calling up contactors and specialists, getting bids, and harrassing them about paperwork. This also resulted in my closing date being postponed twice because of the legal complexity of the whole process, from getting me officially approved, and getting all the legal paperwork for the bank and contractors.
So after weeks of pushing hard to get everything done, I finally had a closing date at the end of December, just in time for tax season and I was ready to roll.
Then the night before closing I call the attorney in charge, and he gingerly informs me that a “Title Issue” has been uncovered, there is nothing I can do to fix it, and it’s going to take weeks for the banks attorneys to sort it out…
This had me in quite a mood. I hated being powerless. I was ready to do whatever it took to get things rolling, and after all the insane pushing of the past week everything ground to a halt and I was powerless to do anything about it.
This negative mood after awhile set off my “consciousness alarm” again and I had to really sit down and take time to contemplate and adjust my perspectives.
I had busted myself again getting attatched to the way I thought things should be, even though I’ve learned many times that there is always a bigger picture in the works. I found myself going through some of my hardest experiences and reminding myself of the joyous effect that they eventually produced.
There is one event in particular that not too many are familiar with. This being the fact that I had once had a son, who was born at five months but did not survive. It was many years ago now, but always serves me as a strong reminder for non-judgement. This being that it was a difficult event to go through, but so far in this life, it was by far the strongest factor in pushing me into where I am today.
That time in my life there was alot of ignoring my intuition and not taking that path I felt I should, and this short but powerful event was the equivelent of the Universe slapping my upside the head, and without it I would not be who I am today. This has ultimately led me to no longer using the word “bad”, being that something bad refers to something that should not be, but alas when a bigger picture is involved it really changes everything. I can now look back and be thankful for the presence of that child, even if it was only a few months, because he accomplished exactly was he was born to do and then moved on, as we all must do eventually. Chaning my life dramatically without a word or action, just presence.
So I can say that this event was difficult or terrible, but I can not honestly say that it was bad, because in the end it the greater forces in this Universe knew it was exactly what I needed to get me on track, and I cannot judge it.
I came up with my own saying recently. “There will always be hard times, but there will never be bad times” and I can use it in almost any situation.
So I hold this lesson close now. I have had three weeks of waiting for this latest issue to be resolved and have had lots of time contemplate. I know now, that there is a bigger picture reason for this delay, and I will own the property precisely when I’m supposed to.
I think it’s so easy to get sucked into impatience because human life really is so short. Whenever I’m reminded that Im reaching mid-thirtees its so hard to believe, because inside I still feel like that young kid riding his bike through Billerica at 1am. But the kicker is is that being patient and making smarter choices in the end leads to a higher quality of life. A crazy kind of paradox that we all have to learn the hard way.
This business of being human…it’s one hell of a ride isn’t it?