December 16, 2007
A Christmas Gift to the Neighborhood
In an effort to look for Christmas in everything, I saw the impact of this holiday in a new and different way on my way home one evening shortly after Thanksgiving.
There is a wonderful home, located on a corner as you enter our neighborhood. It was lived in for decades by a senior citizen until he was 93 years of age.
The house sat dark for almost two years. It went on the market in October of 2005 at a price of $699,000. The owner received an offer of $625,000 shortly after, and the buyer rejected his counteroffer of $650,000.
The home was carried along by the adjusting market until it became clear that the first offer was going to be his best one.
The home was shown many times but every buyer decided to wait, as many buyers have.
Along came a family who wanted to be homebuyers—simply because they wanted to own a home. They were guided by a wise and older REALTOR®, who happened to be the father and father-in-law, who encouraged them to move on this home.
The young couple had saved money, studied the market and opted to not wait until things “got better.” They completed the purchase in May of 2007 when sales were beginning to fall. They didn’t buy so they could sell in two years—they purchased a home because they wanted to be homeowners.
Many benefit from that decision. The seller sold his home. The buyers are no longer renters and paying someone else’s mortgage.
They are enjoying their own home and the benefits of mortgage interest deduction.
They are proud homeowners and they demonstrate it by the care they are giving their home including preparing the ground for new landscaping that will come in the spring.
They have also given the neighborhood a great gift by not just displaying Christmas lights on their home, but there lights on in their home, night after night. The neighborhood thanks you.
Let’s pray that other neighborhoods are blessed in the same way. Home ownership can be celebrated in any season.
Kay Wilson-Bolton is the owner of CENTURY 21 Buena Vista and CENTURY 21 Ability. She brings a regional perspective to local issues. She can be reached at 805.340.5025. Her web address is www.readysetkay.com