Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Finally sold my house
Old 04-05-2006, 10:22 PM   #1
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Finally sold my house

Well it took nearly 3 months but I finally closed on my house. The closing was to supposed to take place 3rd week of Feb. After 2 1/2 weeks more with no closing date, my lawyer fired off a 30 day final time and essence letter giving the buyer 30 days to close. We miraculously got a closing date 3 weeks later. I am tired. This sale took a lot out of me. I guess I am an old retired wuss. Assuming I don't lose it in Las Vegas (Lost in America) or someone succeeds in selling me the Golden Gate, I should be set for life or death, which ever comes last. I hope to be on the road (to Morroco, or is it Singapore) to new adventures in about 2 months.
__________________

__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Finally sold my house
Old 04-05-2006, 10:28 PM   #2
Thinks s/he gets paid by the post
JPatrick's Avatar
 
Join Date: Jun 2005
Posts: 2,494
Re: Finally sold my house

Congrats MJ.*
I feel/felt your pain as I am going through the same game.
Actually, 3 months is a short time in many locales.
How did your closing get off track?* I would think that would be pretty solid in the sales contract, no?
Enjoy your new freedom and riches* 8)
__________________

__________________
JPatrick is offline   Reply With Quote
Re: Finally sold my house
Old 04-06-2006, 01:18 AM   #3
Recycles dryer sheets
 
Join Date: Oct 2004
Posts: 260
Re: Finally sold my house

Quote:
Originally Posted by MJ
Assuming I don't lose it in Las Vegas (Lost in America) or someone succeeds in selling me the Golden Gate, I should be set for life or death, which ever comes last. I hope to be on the road (to Morroco, or is it Singapore) to new adventures in about 2 months.
MJ congratualtions on the sale of your house. Must be a secure feeling to be able to look at your finances as "set for life or death".

How does one calcualte that?* I read, listen, crunch #'s, add zero's but I still don't get it.
Guess whatever we have the day we call it quits is the magic #.
__________________
GTM is offline   Reply With Quote
Re: Finally sold my house
Old 04-06-2006, 09:57 AM   #4
Thinks s/he gets paid by the post
 
Join Date: Jun 2004
Location: No. California
Posts: 1,601
Re: Finally sold my house

Glad it finally closed. Selling houses is very stressful, but the money is nice once it's done.
__________________
KB is online now   Reply With Quote
Re: Finally sold my house
Old 04-06-2006, 10:02 AM   #5
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 1,352
Re: Finally sold my house

MJ,
Congrats!
Enjoy the road trip out to Ariz. Relax, enjoy a few bike rides and it's Mueller Time.

Maybe see in Thailand one day soon. I'm going to settle in SF and then off the BKK.

__________________
OldAgePensioner is offline   Reply With Quote
Re: Finally sold my house
Old 04-06-2006, 10:47 AM   #6
Dryer sheet wannabe
 
Join Date: Mar 2006
Posts: 11
Re: Finally sold my house

Congrats MJ,

I would love to read more about your relocation(?) to Singapore. Best of luck.
__________________
fire2018 is offline   Reply With Quote
Re: Finally sold my house
Old 04-06-2006, 03:46 PM   #7
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: Finally sold my house

Quote:
Originally Posted by JPatrick
Congrats MJ.
I feel/felt your pain as I am going through the same game.
Actually, 3 months is a short time in many locales.
How did your closing get off track? I would think that would be pretty solid in the sales contract, no?
Enjoy your new freedom and riches 8)
First thanks to all of you.

The buyer and I had what appeared to be a good relationaship as buyer/seller goes. I was the broker on this deal so there was no go between agent to minimize my stress. Based on the fact the buyer was going to finance nearly 60% of the sale price, everyone around me including members here, told me that this should have taken no more than 30 to 45 days. He continues to tell me that he was ready but the bank wasn't and he was willing to show me the document trail. Being a pessimist, I was wondering if a bank would, upon the buyer's request, take it's time to secure the mortgage or did he have some financial problem that slowed down the process. I didn't ask to see his documents since we were going to close in 6 hours. I didn't need more stress before the closing. I guess i'll never now.
Anyway, he's got the house and I've got the cash.
Maybe i'll have a yan to return to the Big Apple in 5 or so years and pick up the same house for 40% off my price.
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: Finally sold my house
Old 04-06-2006, 04:10 PM   #8
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: Finally sold my house

Quote:
Originally Posted by GTM
MJ congratualtions on the sale of your house. Must be a secure feeling to be able to look at your finances as "set for life or death".

How does one calcualte that? I read, listen, crunch #'s, add zero's but I still don't get it.
Guess whatever we have the day we call it quits is the magic #.
Thanks GTM. Breaking out of my ultra frugaliness similar to UncleMick is difficult for me. Being single helps keeps the COL down. Symbolically speaking, I can "live" on lobster or canned tuna. I am trying to reallocate my canned tuna/lobster mix 95/5% to 60/40%. I hope my conservative numbers based on the inflation rate of 6% (non-medical) and 12% (medical) will keep me in sushi and thai noodles for many years to come until it will be time to revert back to baby food.
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: Finally sold my house
Old 04-06-2006, 04:14 PM   #9
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: Finally sold my house

Quote:
Originally Posted by OldAgePensioner
MJ,
Congrats!
Enjoy the road trip out to Ariz. Relax, enjoy a few bike rides and it's Mueller Time.

Maybe see in Thailand one day soon. I'm going to settle in SF and then off the BKK.

Thanks. Let's definitely keep in touch. Unless I meet some damsel in recess, I hope to be Chiang Mai in the fall.
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: Finally sold my house
Old 04-06-2006, 04:18 PM   #10
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: Finally sold my house

Quote:
Originally Posted by James L
Congrats MJ,

I would love to read more about your relocation(?) to Singapore. Best of luck.
Althought, I may visit Singapore someday, I don't plan to relocate there. I was just taking off on the Hope/Crosby Off On the Road movie series.
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: Finally sold my house
Old 04-06-2006, 04:19 PM   #11
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,620
Re: Finally sold my house

Quote:
Originally Posted by MJ
Unless I meet some damsel in recess...
Good one!
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Re: Finally sold my house
Old 04-06-2006, 07:26 PM   #12
Recycles dryer sheets
 
Join Date: Oct 2004
Posts: 260
Re: Finally sold my house

Quote:
Originally Posted by MJ
I hope my conservative numbers based on the inflation rate of 6% (non-medical) and 12% (medical) will keep me in sushi and thai noodles for many years to come until it will be time to revert back to baby food.*
6% inflation? probably so
If invested conservatively returns may be less than inflation.

Maybe keep that high tuna low lobster allocation for a while longer.
__________________
GTM is offline   Reply With Quote
Re: Finally sold my house
Old 04-06-2006, 10:03 PM   #13
Full time employment: Posting here.
 
Join Date: May 2004
Location: Worldwide
Posts: 913
Re: Finally sold my house

MJ,
Congratulations! Free at last, Free at least....

BTW, since you were last here in Thailand we've have had and are still having a revolution! The PM resigned, actually forced out. Many HUGE demonstrations in BKK.* But, thank Buddha, so far they have been peaceful.

Again congrats on the sale and good luck in the future.

Billy
www.Retireearlylifestyle.com
__________________
In 1991 Billy and Akaisha Kaderli retired at the age of 38. They have lived over 2 decades of this financially independent lifestyle, traveling the globe.
Billy is offline   Reply With Quote
Re: Finally sold my house
Old 04-07-2006, 07:39 AM   #14
Full time employment: Posting here.
 
Join Date: Mar 2004
Location: No Where for Very Long
Posts: 747
Re: Finally sold my house

MJ,

Congrats on selling your house!

When you're back in Bangkok, lets meet for a cold one (or two...)
Lance

__________________

Lancelot is offline   Reply With Quote
Re: Finally sold my house
Old 04-07-2006, 09:08 AM   #15
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: Finally sold my house

Thanks Billy. Maybe you and DW will still be in CM (I hope) when I arrive next Fall.

Thanks Lance. I will most likely stay in BKK just a few days and head out to CM but would like to meetup not just for drinks but some delicious Thai chow.
If our timing is off, there's always the possibility of you coming to CM.

It would be great if you, me, Akaisha, Billy, OAP, and ..... could meet up for the 1st annual Chiang Mai ER forum conference. Do I smell a tax deduction?

sawatdee khrab
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: Finally sold my house
Old 04-07-2006, 07:44 PM   #16
Thinks s/he gets paid by the post
 
Join Date: Jan 2005
Posts: 2,555
Re: Finally sold my house

Hey MJ,

You sound like you are now footloose and fancy free. Enjoy your freedom and I hope that you have many and safe travels.

Please stay in touch and let us know of your many adventures.

Dreamer
__________________
Dreamer is offline   Reply With Quote
Re: Finally sold my house
Old 04-07-2006, 08:41 PM   #17
Full time employment: Posting here.
 
Join Date: May 2004
Location: Worldwide
Posts: 913
Re: Finally sold my house

MJ,
Not sure where we will be in the Fall...heck, I'm not sure where I am going for lunch and that's only a few hours away! But if we are here you can be sure we'll meet up again. These Thai ladies keep asking...."when is M... coming back?" I keep telling them soon...

Enjoy your freedom....

Billy
www.RetireEarlyLifestyle.com
__________________
In 1991 Billy and Akaisha Kaderli retired at the age of 38. They have lived over 2 decades of this financially independent lifestyle, traveling the globe.
Billy is offline   Reply With Quote
Re: Finally sold my house
Old 04-07-2006, 11:46 PM   #18
Thinks s/he gets paid by the post
 
Join Date: Jun 2005
Posts: 1,352
Re: Finally sold my house

MJ,
Cood luck with the freedom. Enjoy the Thailand visits and hopefully I'll see you there.

Lance and Billy and Akaisha can get you off to a great start I'm sure. Enjoyl

OAP
__________________
OldAgePensioner is offline   Reply With Quote
Re: Finally sold my house
Old 04-08-2006, 09:24 AM   #19
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: Finally sold my house

Quote:
Originally Posted by Billy
MJ,
Not sure where we will be in the Fall...heck, I'm not sure where I am going for lunch and that's only a few hours away! But if we are here you can be sure we'll meet up again. These Thai ladies keep asking...."when is M... coming back?" I keep telling them soon...

Enjoy your freedom....

Billy
www.RetireEarlyLifestyle.com
Thanks Billy, but let's keep our my fantasies private. 8)
Hope the price of "oil" will not go up by the time I return.
__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Re: Finally sold my house
Old 04-08-2006, 09:32 AM   #20
Thinks s/he gets paid by the post
 
Join Date: Mar 2004
Posts: 2,083
Re: Finally sold my house

Quote:
Originally Posted by OldAgePensioner
MJ,
Cood luck with the freedom. Enjoy the Thailand visits and hopefully I'll see you there.

Lance and Billy and Akaisha can get you off to a great start I'm sure. Enjoyl

OAP
Thanks OAP.
There is remote possibility that I could fly out of SF.
How far is Tucson from SF? As I said in a previous post, I really loved SF when I stayed there for several weeks in the late 70's. Of course, that was another time in a galaxy far far away.
__________________

__________________
I look to the present moment because that's where I live my life.
MJ is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
What to do when you can't sell your house retire@40 FIRE and Money 4 08-25-2006 08:54 PM
What to do? Lake House or earlier FIRE ? panhead Young Dreamers 29 06-13-2006 11:05 PM
Selling my first House Canadian FIRE Young Dreamers 35 06-01-2006 07:40 AM
Gonna Travel--Sell The House? yakers Other topics 7 05-17-2005 12:25 AM
Buy House Now w/Low Down or Save Bigger Down? BigMoneyJim Young Dreamers 11 07-14-2004 05:23 PM

 

 
All times are GMT -6. The time now is 01:44 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.