Tuesday, November 18, 2008
We sold our house in Mesa! It's a big relief not to have to worry about either it (will somebody break in and strip the place?) or the real estate market (how low can it go?), but we weren't happy about the price we got for it. We had hoped to get enough so that we could buy a house here in Maine without having to get a loan, especially with THAT market the way it is now. It didn't happen.
Keith sez he's seen houses in the Casco Bay area going for $200-300k that fit the one inflexible, non-negotiable condition we have: that it have two bathrooms! That's about what we expected. According to a news story I heard: the housing bubble that's affected the rest of the country didn't get so extreme in Maine, that only 1 house loan in 400 is in danger. No desperation deals for us, it seems. Well, we're not ready to do anything more than look now, anyway. We've got a year-long lease on this house, and Keith having two part time jobs might not make us ideal candidates to the banking industry. In the meantime we compile our wish list. So far we'd like things like: 5-200 acres of land; a forest, stream, pond and/or mountain on the property; a barn or other garage-type building; a Victorian style house with a tower; 3-4 bedrooms; a fireplace or wood burning stove; a finished basement and/or attic; etc.