It’s paying off

by trishf

Words cannot begin to describe the crazy roller coaster ride we’ve been going through the last couple of months.

Home ownership has been top on our list for a while now.

I’m taking a sabbatical from the corporate world (read: very very little pay).

I’m starting my jewelry line (read: expensive hobby).

The husband just started a new job.

So as you can imagine, STRESS is an understatement. Stress doesn’t even begin to describe it.

It has been a journey of high highs and really crazy lows. While we want to be happy, we should be happy, the stress of purchasing a home in times like these, well, let’s just say I wouldn’t recommend it for the faint of heart. There are days where we question our sanity. Why are we doing this? Is it worth it? Should we even do it? We are crazy. Actually we are beyond NUTS. And then there are many more days when the hubs and I will take turns to talk each other off the ledge. Literally.

Because the NY real estate market is white hot now, every daughter and son with mom and dad in tow is at every open home. 30% down is the new 20% and all-cash offers are winning at every bidding war. With three failed offers in our tally, we knew we had to be strategically aggressive, yet because our pockets aren’t quite as deep as the ones with mom-and-dad-sponsorship, we needed to tread that fine line with very realistic numbers of what we could afford.

We pulled all stops to submit a risky yet calculated offer. Even our mortgage broker proclaimed  this is the fastest offer to contract that he’s ever dealt with in his 20 year career. When we got the call that afternoon that our offer was accepted, we knew there was no turning back. It was exactly what we wanted, so why would we stop now?

The next step was the appraisal. Thinking about it made us hyperventilate. Only because we knew our offer price was a response to the market rather than what we thought was fair value. So when we found out today that our apartment appraised for just over offer, a huge wave of relief swept through us. We made it! *fist pump*

All that said, each and every bit of this crazily surreal journey is slowly but surely paying off. The hubs has been an incredible accomplice and support system. I really couldn’t ask for more. And I sure as hell wouldn’t want to do it with anyone else.

I am truly excited for this new chapter ahead. Home ownership is always what we’ve dreamed of and its now a reality. I look forward to building our nest in the greatest city in the world. What’s even better is I get to do it with my BFF, my husband, my partner-in-crime.