Tuesday, July 26, 2011
On Saturday, I suddenly realized I hadn't blogged since last Tuesday. Prior to that, I hadn't thought about it in days. Not once.
It was just one of those weeks.
On Thursday, I pulled into the driveway after picking up Nora from daycare. Michael met me at my car, saying, "It's 95 degrees in the house." He wasn't kidding. It was literally 95 degrees inside. Our central air conditioner decided to die on the hottest day of the year. We set a record high of 98 degrees, with a heat index of 113.
We immediately packed up and got the hell out of here, retreating to my mom's house for the night. Thankfully, we had a home buyer's warranty taken out on place, which covers anyone who buys our property for up to a year--and covers us while we are on the market. We were able to place a claim through that insurance company, and a serviceman came out on Friday morning and fixed the A/C. Even with the air working, it took several hours for the house to cool down again, so I spent the day working from home and cleaning in lower-90 and upper-80 degree indoor temps. I'm not going to lie; it was unpleasant.
We had another wedding on Saturday. We bought 19 gallons of paint for the new house at the Sherwin Williams 40% off sale. We visited with family on Sunday.
At the back of our minds during all of these everyday life occurrences, we were thinking about what the hell we're going to do about our condo (like always). Which, as you have probably assumed by now, has still not sold. We are just a few days shy of six months on the market. This is so far from our ideal scenario, I'm almost not even sure where our minds were when we originally started this nightmare.
We've had countless conversations, and we're ambivalent. We should find a tenant. No, we don't want to rent it out. We should drop the price drastically to make a last-ditch effort to sell. No, we should wait a few years to see if the market rebounds and we can sell for a better price.
In all honesty, it's sort of a lose-lose situation for us.
We don't want to be landlords. We wouldn't make any money by doing so. We'd have to worry about things breaking (mainly our ancient furnace and air conditioning), in not one house, but two. We spent a lot of time and money fixing this place up. We put in new carpet last summer, and we're afraid a tenant will destroy it.
But we don't want to sell for a rock-bottom price, either.
In the end, I know that we'll be OK. One year, five years, ten years into the future, we're going to be in a better place about this condo. Maybe we'll be landlords and it won't be as bad as we're imagining, and we'll make our money back. Maybe we'll finally sell it, and we'll never look back.
The thing is, I'm at the point where I kinda just don't care. As long as we're not paying two mortgages come October 1st, I am indifferent about how we get there. I just want a resolution. Because unless you have lived for six months (or, God forbid, longer than that) with this kind of weight on your shoulders, you have no idea what kind of toll this amount of stress can take.
What it really all comes down to--at least for me--is that I don't know when to call it quits and give in. I don't know when we should officially accept that we aren't going to sell this place, and turn toward searching for a suitable tenant. Because although I have come to terms with the possibility of renting, I would still much prefer to sell.
Our contract with our current realtor expires next week, and we have plans to re-list with a new realtor. I'm honestly not sure that he'll be able to do anything differently than our old realtor; I'm not sure that our old realtor did anything wrong. It just feels like we have to make a change, given that it's been six months. A new perspective, a breath of fresh air--sort of a fresh start, if nothing else. In my dreams, he comes in here and somehow manages to pull of a miracle and sell this place within a few weeks of it being back on the market. As we've been saying all along, it only takes one.
But if the end result is going to end up being the same--meaning we have to rent it--then we'd honestly rather get someone in here starting September 1st, instead of waiting until October 1st. And if we're going to do that, we need to start looking for a tenant... right now.
We know we could play both angles at this point. We could put a rental ad out there, and we could keep it on the market, and we can see what comes of it. And maybe that's what we'll end up doing, believing all the while that whatever happens to work out--whether it's a buyer or a renter--is what is meant to be. But if we sign a lease with a tenant, I don't know that I'll feel complete peace with it. I can see myself wondering, "What if we had given it just a little more time on the market?"
Thus continues the dilemma.
We are so ready to be done with this shit.