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First Time Homeowner – G2KM Day 4

Posted on January 22, 2011

How many of you own a home?  That’s a funny question to ask, isn’t it?  Let’s narrow it down, how many of you were 18 when you owned your own home? I was. To keep everything in perspective, you have to realize I was 17 when we got married.  Even today, I feel like this is an accomplishment and a blessing from God.

It was 1980, inflation was horrible.  We spent the first year of our marriage renting a small trailer.  Renting was like throwing your money away, in our opinion. We didn’t have anything to show for it, except for a roof over our heads and that roof didn’t even belong to us. However, interest rates were astronomical and we were certain we would never be able to get a home loan with the way the economy was.

Thankfully, my husband’s brother told us about a government loan designed for first time home owners which had a low, fixed interest rate.  We applied for the loan and we were eligible.  However, time was running out with the deadline to use the money or lose it approached.

 

We spent much of the summer of 1980 looking at homes to no avail.  We felt such disappointment. Our dreams of getting into a home looked pretty slim.  Finally one day with our realtor with only a few days left, we went out to look at two homes.  The first one had been badly abused, but the second one I knew instantly it was the one for us.  Our hopes soared.  We made an offer on the house lower than what the owner was asking, he came back with a price less than the original asking price, but more than what we offered.  So,  we threw in an acceptable counter-offer to make the buy.

That was 31 years ago and we are still in the same quaint spot.  It’s about time for us to upgrade for future expansion our family — sons-in-laws, a daughter-in-law, and grandchildren.  Hopefully, we’ll have time to get situated into a new place before all this occurs and if not, we’ll make out until such time.  The Bible teaches us here is a time and season for all things. I’m believing in those words.

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3 thoughts on “First Time Homeowner – G2KM Day 4”

  1. Cathy Kennedy says:
    January 24, 2011 at 1:42 pm

    @Linda…all things in good time, right? Our “dream home” will be revealled to us one day, I believe.

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  2. Linda says:
    January 23, 2011 at 8:39 pm

    Wow! 31 years in one place? We moved 4 years ago when we built this house, and we had been in the last house for 19 years…and before that house just 2 and 3 years in the other places.

    I hope you will find something that you love…and may you have many happy years there.

    Linda

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  3. Donnie says:
    January 23, 2011 at 2:53 am

    We seem to always end up back in mobile homes but have always lived in small spaces due to Don’s Coast Guard days. Moving every 2 years for 14 years before he was in a motorcycle accident and was early retired. Our boys both own big houses now so they have made room for us if we ever need it. That’s not half bad, is it? Sounds like you all are blessed as am I.

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