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Letting go of the old lady


We've made our decision, so at last I can post publicly about it. I've referred to a major financial decision. It was also a tough emotional decision for me. Well, we've made it. We've decided to sell my house in Oakland. I bought it ten years ago. She was built in 1912 and has been an old friend to me. I've been renting it out for the past five years, but our tenant just moved out. She's in excellent shape for her age, but every house needs maintenance and we have enough to look after.

We found excellent realtors who will take care of getting the house ready to sell and of course sell it for us. They deal with a lot of elderly folks who are moving out of their houses and into retirement homes. Of course we're not in that situation, but in our ability to deal with selling a house and our emotional state, somewhat similar. One of their references was a realtor from a major realty company. He used them when he thought he was dying and needed to sell his house. He didn't use anyone from his company. He used them. What better endorsement could I ask for?

Those of you who know me from back when I lived there may remember what lovely parties I had there. I'll really miss her. But I also feel it's time to let go.

We still haven't decided what to do with the capital gains -- whether to buy a like-kind property or eat the taxes. And while this has been a huge headache, I feel very grateful and privileged that I had this house. I couldn't afford to buy it now as a single person. I'm thankful to my grandparents for leaving me a bit of money, so I didn't have to scrounge around too much for the down payment. And to my parents for instilling in me the value of saving, so I saved enough to afford to buy ten years ago. The hardest part about selling is that I know I won't be able to afford it if I sell it now unless we make a lot more money than we're making. But I can't see myself retiring there anyway.

And I guess I have to trust that we will find another house. Our current house is okay, but it doesn't have a house spirit. It's very convenient in terms of its location and its newness, but as C said "it's not a home". I told C that when we can (which is definitely not now) that we need to find a home. He agreed.

Comments

( 2 notes — Leave a note )
dawnd
Mar. 8th, 2006 11:01 pm (UTC)
Ah, yes, wonderful parties. :^) Fairwell to The Old Lady!
whymommy
Mar. 14th, 2006 07:33 am (UTC)
I understand what you're talking about. Houses now don't have the character that those houses have. Hopefully they find someone that appreciates the beauty as much as you do!
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