Monday, January 16, 2012

A Major Decision!

Friday, D and I made a major decision - we decided to forgo renting another home and decided that we would "downsize" and move into an apartment.

A few things lead us to that decision.

First of all, with the housing market the way it is and so many people losing their homes - so many more families are renting homes which makes it almost impossible to find a really great home that doesn't have 15 other people interested in it. We've seen about 12 houses and the longest any of them have been on the market was 10 days. We started to put an application on a house when we were told not to waste our time - there were already 4 applications on it.

Secondly, the amount of money that you have to come up with is close to half the amount of a down payment. Ok, so that's an exaggeration but we were looking at roughly $4,000 when you think of application fees, security deposits, pet deposits, and first months rent. It's really pretty expensive!

And lastly, when I left my job last year, I (still) feel like its been one of the best things I've done but it was a big adjustment financially. It wasn't something we had been planning or preparing for so we just "had" to make it work and things have been tight. I can't imagine having to leave Denver after being home with him for this long so we knew if we would make some adjustments to our expenses, we could much more easily afford for me to stay home with him.

So, we looked around (online) at some apartments and viewed a community in person on Friday and went ahead and filled out the application, got approved and reserved our apartment!

This is a birdseye view of the community.

Here is the view pretty much standing in front of our apartment. We're so excited about the pool, hot tub and outdoor fireplace!

And last, but not least, here is a picture of our floor plan!

This is about 1,400 sq ft smaller than where we are right now so it will be a big adjustment and of course - we'll be storing a lot of furniture but D and I are both excited about this new adventure!

Wish us luck!

1 comment:

Heather said...

Congratulations! When are you moving? I think this will be a much better situation for y'all and wish you the best!