Off and on, off and on. My relationship with this blog seems to be like that of Ross & Rachel. 🙂 For now, it’s on again.
I have news! WE BOUGHT A TOWN HOME!
We are so excited and can’t wait to move in. It is a town home being built in Franklin, TN and will be finished around the beginning of October if all stays on schedule. The builder claims to stick pretty closely to their timeline, so we’ll see how it works out.
It is a 3 bedroom, 2.5 bath home with a one car garage and it is about 1,600 square feet. It’s in the perfect location for what we need right now so we decided to jump in head first. We felt like we made our decision a bit quickly but we also feel like in Nashville/Franklin’s housing market, you just have to decide. The town home we bought had already increased significantly since Christmas and they are only continuing to go up. By the time we move in, we should have instant equity on our home just due to rising demand and costs.
We shopped with an awesome realtor from Benchmark Realty. I’d highly recommend them to anyone (Michelle Froedge and Carrie Hill). They taught us about the home-buying process and what to expect without making us feel like idiots for not already knowing. They listened to what we were looking for and didn’t make us feel like we were being unrealistic. We even asked if our expectations were too high. They said it sounded like we’d been doing our research, though it may be hard to find what we wanted in the location we were wanting.
They were right. All of the homes that were in our price range were in a part of the city that was less than desirable for us. One of the main goals was to significantly decrease Nathan’s 30-40 minute commute to/from work and the locations we were seeing were going to keep it the same. That was just not going to work for us. When we did see a few gems in the right location for the right price, we’d have our realtor call just to find out there were already 10 or more offers and they weren’t accepting any more…and this was usually the same day they were listed! How do you compete with that??
That is why we ultimately decided to go the route of looking at new builds. We knew if we kept looking at regular houses on the market we’d just end up in bidding wars with not a lot to bargain with. With a new build, it’s kinda first come, first serve and there is no haggling on price, etc. You either like the place or you don’t. You’ll either pay the price on the contract or you don’t buy it. No sellers to deal with, no bidding wars. So we jumped. 🙂
So by the end of the year we will be settled into the town home on the far left which is pictured below. I can’t wait!