I know I know, it’s been forever since I’ve posted anything… I’ve been completely consumed by various things including selling our old house, working on a project for a client and life in general. It seems I’ve gotten out of the habit of posting (or gotten into the habit of NOT posting) and have ignored you all for too long (again)… For this I apologize.

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Our second buyer backed out at the last minute. Turns out they could not obtain financing. So, we’re back where we started…

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The international buyer fell through…not entirely surprising.

We did end up with another offer on the house that we’ve accepted. They are using conventional financing and are pre-approved for the purchase amount. The inspection happens next week and the closing is set for June 15th.

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So we’ve gone through the negotiations and have agreed to sell our home in Detroit… The final sale price is quite a bit lower than we’d hoped for ($375K) but given the market conditions and the limited time we have to take advantage of my wife’s relocation package (which covers commission) we felt it was the best deal we could make.

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Writing from the road so this will also be short…

We received an offer on our house in Detroit. It is well below our asking price (asking $465, offer is $350). We’ll try negotiating it up a bit.

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Welcome back…

First off, I apologize for being gone so long. A lot of things going on in my personal life that took precedents over writing on the site. That situation has stabilized for the moment anyway so I’d like to get back to writing on a more frequent basis.

For my first post back, I thought I’d do an all-encompassing update that touches on all things financial in my life. So here goes…

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My wife and I have been spending a fair amount of time unpacking boxes from our move a few month’s ago. One thing moving tends to do is make you realize how much stuff you have that you no longer need. We literally had two bedrooms full of boxes that we haven’t used in some time (at least since we’ve moved here and probably a lot longer than that!)

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I was driving to a town about 15 miles from our house and my wife’s office to meet her for dinner last night. Most of the trip is on a rural two-lane highway where traffic typically moves along at 65-70 mph. A deer decided it could make the crossing between an oncoming car and myself and misjudged… Normally I would have swerved behind the deer into the opposite lane to avoid it but the oncoming car made this impossible. I swerved instead to the shoulder but the deer kept on coming and I hit it at approximately 65 mph.

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When we moved to this house only 4 short months ago our only option for broadband Internet was via satellite. We’re about 3.5 miles from town and cable doesn’t come out this far. We’re also roughly 21,000 feet from our telephone Central Office. Normally DSL is limited to 18,000 feet but every month or so I tried qualifying for DSL via Verizon’s web site. To my surprise about 3 weeks ago the site responded that, yes, I could get DSL!

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After some deliberation, I’ve decided to start cashing in the I Bonds I purchased a year or so ago. It’s not that I don’t think they are good investments, they just don’t fit my needs right now.

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