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@ mntle
2025-03-25 11:00:01
### What Happened?
Sadly, some news came to us in the last couple of days, news that has exploded our plans like a bombshell. As you know from previous posts, my family and I had found the property of our dreams, within the price range that suited us. The only issue was that we had to sell our rental property to be able to purchase the land we wanted to develop for our homestead. At the time, it wasn't an issue.
With a few phone calls and some discussion with the local Council; the Realtor; the Vendors, and the bank, we were on our way. We made an offer, and it was accepted, contingent on our rental property selling. Our offer expires this Friday, and the likelihood of it selling before then, is slim. That leaves us 3 days to come up with the $130,000 we need to secure the property.
"So why not just extend the offer?" I hear you say. Well, that's a fair point - We did. The extension runs out this Friday. Can we extend on the extension? Legally, yes. but here's the rub:
A counter offer has been put forward.
This basically means, that without having the money available by the end of the offer extension, the Vendor is going to take the counter offer.
### That's Not So Bad... Right?
Yes, and no.
Unfortunately, we've spend thousands of dollars on reports; valuations; building research and site inspections. This means all of the plans, money and time that we've invested so far is going to be lost. Yes yes, you're right of course, it's our own fault for getting so financially and emotionally invested in the first place. Lesson learned.
I think that the hardest part of it all, was breaking it to my wife. She had already started designing her gardens, and had dreams of watching our homestead grow. The look of utter defeat on her face was gut wrenching. I felt as though I had failed her, and torn away the dream we had built together. She and I had lost our dream in the course of a single phone call. It hit both of us hard.
It's been 24 hours now, and the pain is real. I don't want to eat or go to work, I don't want to talk to anyone. I just want to lay down on my wife's lap and close my eyes until it's over. Deep down inside, I know it's a childish reaction, but that doesn't make it any less of a slap across the face.
### The Light at the End of the Tunnel
Cliche, I know, but there may be a little glimmer of light on the horizon. If we do sell our rental property, we will have money to play with. This means we can buy a crappy little Ute and caravan, and go exploring our country. Perhaps stop at a few places that look nice, and see if they're places we could settle. If we spend a few months just looking around, and find somewhere homely, then we can stay for a while at a local caravan park, and look for a property that may be suitable.
At the very least, it would mean that we can escape our shit jobs, which has been the biggest goal from the beginning.
Fingers crossed...