Tuesday, January 03, 2006

Trading Spaces

When I closed on my (now our) house back in 2001, a co-worker of mine said, "Just think....You're now more in debt that you've ever been in your life." Obviously I don't really rate a mortgage the same as a Citibank Visa, but I guess when it comes to debts and payments, you can kinda-sorta lump them all together. Anyway, I guess I wasn't THAT intimidated, because Leah and I just went and started down the road of debt-inducing real estate purchase again.

Yep, we've put down a contract and signed on the dotted line for a new-construction home in Arlington (I would link to the City of Arlington website, but so far, I haven't found an "official" one). The Reeves Williams subdivision already exists, and sits just a 7-iron or so behind Arlington High School. Our soon-to-be house will be nestled in the Phase V of the Village of Summer Meadows, the final phase of the subdivision. Technically, we aren't really busting at the seams in our current place (you know, with a 6-week old kid, 2 cats, and a cocker spaniel), but the pursuit of bigger yards, better schools, and non-attached (literally) neighbors takes us east.

Obviously we have a little ways to go. Namely, selling our house. But time is on our hands, and we'll have to play the cards we are dealt when it comes to any potential buyers, like if they wanna be in our/their place before our new place is finished. But we'll cross that proverbial bridge when we get to it. Just some things that we'll gain in the new place:

* a 2-car garage
* a larger (and level!) backyard
* a laundry room
* an expandable bonus room (read: Eric's playroom)
* city taxes, but it's better than THESE city taxes
* great neighbors, because just down the street are Russell and Heather Baugh, our friends from church
* a Home Owner's Association (hey! No RV camps in driveways, or "Bubba's Auto Repair" signs)

I'm sure there are a few others like, oh yeah, a higher mortgage payment. Details, details. But here's an artist's rendering as well as the floorplan. So memorize it so you can find the bathroom. Stay tuned...


2 Comments:

Blogger Scott Rushing said...

Congrats! By the time I find my way to Memphis again, you guys will probably be all moved in. And on the PTA at Nick's school. LOL.

8:27 AM  
Blogger Jeff said...

Good luck, Eric, that would be a great step up.

1:12 PM  

Post a Comment

<< Home