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Wednesday, January 11, 2012

Moving On

“It’s better to have loved and lost than never to have loved at all”

We knew this would probably happen.  We both went into this with eyes wide open that this might be a problem from the very beginning, but we tried to make it work anyway.  At first things were going great, looking promising.  And then the bottom dropped out.  Or should I say the top.

Our house, the one we made an offer on, the one we are “in contract” on, the one I tried not to fall in love with but did, has roof problems.  We aren’t surprised, we knew this walking into it.  The roof is 15 years old.  In the good old Midwest this would not have been a problem, but since the hot South Texas sun eats roofing for breakfast the 30 year roof needs to be replaced.  Or at least repaired from some nasty hail damage, but after that replaced in about a year and a half.  Maybe two.

So here we are, standing with deal breaking information.  We can’t replace the roof today.  We could replace the roof next year, but we need it to make it that long.  They can’t replace the roof today, but they need to sell the vacant house.  We may have to walk away, leave the house and move on.  We knew this could happen.  We knew it would come down to the roof.  I’m starting to wish we never took a chance on the house to begin with.

Roof issues are something we will have to deal with no matter what.  Roofs just don’t last very long in South Texas, so moving on to a newer house will just mean we need to replace the roof before we sell it, but we will still be replacing a roof at some point.  South Texas kills houses.  It eats roofs, overworks air conditions so they only last 8 years, scorches your yard, and throws hurricane force winds at the whole thing, knocking off shingles and branches and anything else.  It makes me want to stay a renter forever.

But renting is becoming more and more uncomfortable.  We can’t stay here, our lease is almost up and being here for another year is not an option.  We need a yard, our family is too big for apartment life, and rental houses are much more expensive than buying a house the same size.  We need to buy because it makes the most sense where we are at.  The housing market didn’t skyrocket or plummet down here the way it did in other parts of the country.  It stayed pretty stable, only rising and falling a little bit. 

We will be here for at least a few more years, but possibly ten or more.  Hey, we may never move.  We don’t really know right now.  Our hearts are still in the Midwest, but being here is good too.  I don’t want to rent for a decade.  That doesn’t make any sense.  And I don’t want to be looking for a new place every couple of years.   I want to settle.  I want to paint.  I want to buy a house.

Last night we discussed the inevitable breakup with the house we are “in contract” with.  We don’t want to start over.  We don’t want to start from scratch.  But we might not have a choice.  So I guess we will be moving on.  Staying here is not an option.  It’s time to start over again.

dollimama

linked up with Shell for Pour Your Heart Out

9 comments:

  1. If the only thing wrong with the house is the roof, I think you would be crazy to walk away ... especially if you love the house.

    Have you gotten bids from really good roofers? Several should have given you options to just repair parts of the roof and not have to replace everything all at once. A repair would easily last one or possibly two years.

    Good Luck !!! This is a wonderful time to be buying a home.

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  2. So sorry! Just curious (as my husband and I have been insurance adjuster for 10+ years) why can't the seller file a claim for the hail damage? We see this all the time - the damage isn't noticed until it is being inspected under contract. I can't imagine that the house wasn't insured! The worst case for a roof is that it gets old and needs to be replaced (which would come out of the owners pocket) but if it has storm damage, the insurance company is responsible for repairs/replacement. Good luck!!

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  3. Ok - one more thing - the seller needs to realize that this will be an issue for all potential buyers. They need to have the roof fixed/replaced, or lower the price so the buyers can take care of it!

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  4. Just wanted to let you know I'm thinking about you and hoping you'll be able to make the best decision for you and your family. I can only imagine how stressful this is...hugs to you!

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  5. Kristi- They can file a claim and will to get it repaired. But it will still only last a year or two. We are having our insurance guy go out there today to see if they will insure it. If they will, then there really isn't a problem. If they won't insure it with repairs, then we might have to walk away.

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  6. Merri Ann-
    You are right, if the only thing wrong with the house is the roof we would be crazy to walk away. It is the only thing HAS to be replaced at this point, but the whole house needs updating. The air conditioner needs to be replaced in the next couple of years. The kitchen needs help. The built in stove and oven needs to be replaced. Everything is original and needs updating. The siding needs to be replaced eventually (nothing wrong with it at this point, but it's a poor product and will need to be dealt with). It's livable and nice, but has too many little projects to count. The best part of the house is the location, school district, yard and overall layout. The rest needs a little help. I don't know if we are up to all of that. Plus, we can't afford to replace the rood today. We will be able to in a year, but today it's not an option. We aren't walking away this minute, but I'm preparing my heart to walk away.

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  7. I hope you can find something that works for you!

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  8. Wow, moving is very stressful, but it can also be very exciting! I hope you find the perfect house soon.

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  9. I hope the roof thing works itself out and you get THIS house. If you don't, I'm sure you will find a wonderful house soon. I know how stressful moving is, as well as sucky Texas roofs (We desperately need a new roof, but insurance only covers patches at this point... boo). Sending positive thoughts your way!

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I would love to know what you think!