I know you guys never believe what we say we are going to do, because we change our minds so much, but that doesn’t stop me from believing I mean what I say.
We almost had a big upset in the plans, but we think it will be okay. Tyler was not approved for his loan to buy the Toccoa house, because they assessed the house at less than we were asking. No big surprise for us, which is why we were not actually trying to sell it. We figured we’d just keep it until its value increased to more than we owe on it.
But he still wants it. He doesn’t agree with their appraisal and thinks what we are asking ($47,000) is a fair price. So we are back to having the lawyer draw up a lease to purchase agreement, whereby Tyler pays rent to cover our costs (like he is now), then extra to buy the house. He thinks he can pay between $800 and $1200 total a month, which would buy the place in between 4 and 7 1/2 years. We won’t be charging him interest aside from our interest that he pays when he pays the rent. So he will be putting between $400 and $800 towards the purchase each month. We will still pay the taxes and carry the insurance but, again, he will be paying most of those costs in his monthly rent, like he is now. I think we owe about $42,000 on it, so we are not going to end up with a lot of profit, but at least we won’t lose money on it and we’d much rather have him in there than have to find other renters!
So we are still planning to move to Johnson City. We are thinking more like the spring, though. We plan to take a couple weeks down there in January, once Dad gets his next year’s vacation time. Then, if we can find a place to rent and a job for Dad (any job with insurance at that point), he will move down in early February and I’ll finish up the contests and college and Roselawn concerts and follow him down the end of April. I’m planning my student piano recitals for April this year and I don’t feel like I have to be here for the spring concerts with John Dutmer, because he always plays keyboards for those, anyway. So we can be in Tennessee just in time for the hot summer!
So, yeah. One more winter in Wisconsin. Hopefully, it will be mild, like last year.
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