An Unexpected Direction

I’ve noted here several times that the Texas Gal and I have been thinking about finding another place to live. The house – where we’ve lived for nine years – is getting a bit too hard to take care of, and the stairs are becoming less easy to navigate as we get older. The Texas Gal has already fallen down the stairs from the second floor once, and that’s more than enough.

So we’ve been looking. In the past few months, we’ve scanned the ads for apartments and spent portions of a couple of Saturdays looking at a few places. We didn’t find anything we really liked, and we came face-to-face with the reality of renting in St. Cloud, which has one of the tightest rental markets in the state: We can’t afford an apartment.

Well, we probably could right now, but in a few years, when the Texas Gal retires, it would be tight. So we’ve been pondering that for a few weeks. And about ten days ago, the Texas Gal suggested we think about buying a place, maybe a patio home or a town home. We checked out some possibilities on line, and a week ago today, we spent an hour with a mortgage specialist at an area bank who’d been recommended by friends.

We came away discouraged. While we would likely qualify for a mortgage, the banker said, the cost of the patio and town homes we were thinking about would put the monthly mortgage payment right about where we’d found rents for apartments: within reach now but . . .

All the while, I was trying to wrap my head around the idea of buying a home. I’ve been a renter most of my adult life. I’ve owned a mobile home, but that’s not quite the same. Owning a place, well, that would feel different. I wasn’t quite sure how, but it would.

That evening, the Texas Gal poked around real estate listings on her laptop as we watched television. “How about a condo?” she asked me. There were some listed that were about two-thirds the price of the patio home and town home we’d talked about with the banker. It was worth a shot, I said, and she emailed a friend of ours who’s a realtor, and very quickly, he had arranged a tour of four places for Tuesday, three condos and a house that was included in the tour for its price and its location on a favorite East Side street.

We dismissed the house pretty quickly. We saw some things that needed attention, and the stairs were as steep as the ones we deal with now. We looked at two condos on the North Side, liked the first and weren’t crazy about the second, which was missing some appliances. Then we went to a place in the smaller city of Waite Park, just west of St. Cloud. We’d been very interested in that one, given the photos we’d seen online and its location not far from the Texas Gal’s office. But we saw some major flaws, and it just felt somehow not right.

More and more, we liked the first of the two condos on the North Side. It has stairs, but it’s a split entry, just six up to the main floor and six down to the lower level. It has a deck and a patio, two bedrooms upstairs and a large den/family room downstairs that could easily host a sewing area on one end and a music area on the other.

We talked about the first North Side condo with our realtor as we were about to leave the Waite Park place. He could easily put in an offer and reach out to the banker, he said, and we talked about things like closing costs, association fees and other pre-paid items. We told him to get back to us after he’d talked to the banker.

We heard from him Wednesday evening. The banker approved the mortgage. Our realtor put in an offer, and after a little bit of back-and-forth, we signed a purchase agreement yesterday. We’ll close at the end of January, and of course, something might yet go awry, but that’s unlikely. So we’re a little giddy and a little baffled at this rapid left turn. And we’re looking at our stuff and beginning to figure out where it’s going to fit in our new home.

And the most astounding thing? Our monthly payment will be only three dollars more than we’re paying now for rent.

I have many tracks with the word “home” in their titles. One of my favorites – and one that seems to have never been mentioned in nearly eleven years of blogging – is “Comin’ Home” by Delaney & Bonnie & Friends. Recorded in 1969, it was released as an Atco single that year and stalled at No. 84 in the Billboard Hot 100. It was also released in 1972 as a track on the Atco album Country Life and later that year on Columbia’s album D&B Together, which offered the same tracks as Country Life but with a different order. That album was the last work Delaney and Bonnie Bramlett would release together.


4 Responses to “An Unexpected Direction”

  1. Jodi says:

    Congratulations! Since everything fell into place so easily and quickly it must be the right thing for you two. Enjoy!

  2. Lee Arnold says:

    AND, you get to deduct interest charges and property tax.
    (At least part, with this new Republican Tax Act)

  3. Lee Arnold says:

    Used to be able to deduct ALL of it.
    As I understand this bill, now you’ll be able to deduct the first $10,000.
    Much better than renting.
    You guys did good.
    So happy for you.

  4. Yah Shure says:

    Well, that was fast! Congrats! No more acorns and doves, I presume? 😉

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