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Thread: Sale Pending

  1. #1

    Sale Pending

    We put our home up for sale, and we have accepted an offer. The sale is pending. Its a nice home, but we cant afford to stay anymore.

    We have our eye on another place. The house is small, but theres just the two of us now. There is good ground for the horses, and for a garden. Its closer to family and to my day job in the city. After the move, Ill have to build a run-in shed, and storage for our machinery and our horse tack, carts and sleighs. But the costs will be less for the mortgage, for energy, for taxes, for the commute.

    Well be moving to a place a lot lower in the watershed. Who pays attention to that? I do.

    On Saturday morning the sky was overcast, and it was warm. I went to Catscratch Creek to fish through a neighbors woods. I took a 3wt bamboo. By the time the wind started to blow it was too late to go back to the truck for the 5wt, so I made do. I caught several little trout on The Fly That Will Not Be Mentioned at the flyshop in town. Then a nice brown of about sixteen inches came from under a bank and followed the fly. He turned away without hitting it. I had several short strikes, and began to question The Fly That Will Not Be Mentioned. I traded for a Red Horse Soft Hackle tied on a size 12 Tiemco 200. I caught several more ten inch browns and some little brookies, and then one fine and fat wild brook trout of a foot in length. Its nice to see the brook trout come back in the creek, after several years of decline. In one of the long pools I had a strike from a nice fish, and I thought I had him until he ran upstream and went around a corner. This wasnt good. I put on a little more pressure, and the hook pulled free. The fish had straightened the hook. Its nice to live near a creek where those things can happen any day. In the afternoon it rained and I spent the time in my fly tying room, getting organized for the move that might come next month.

    Im grieving a bit about the prospects of leaving Catscratch Creek and its tributaries Little Prickerbush Creek and Cream Creek. But Ill still be able to fish them sometimes; it will be just over an hour by car. And it will be an hour and a half in another direction to three large spring creeks and a lot of trout.

    The house we have our eye on? Ive never thought about the streams around there. Theres Barts River, a brown trout stream, and Sharptooth Creek, a brook trout stream, both about fifteen minutes from the new house. And theres Liars Creek, which I could ride a horse to if the farmer will let me cross his land.

    Its hard sometimes to start over. But a big part of small stream trout fishing is exploration and discovery, and I'm hoping these new creeks will keep me busy.

  2. #2

    Re: Sale Pending

    Good Luck Ernest, I am sure you will find happiness wherever you are, Don.

  3. #3

    Re: Sale Pending

    Good luck to you. Don't worry about the fish, you'll find them no matter where you are.

  4. #4

    Re: Sale Pending

    Ernest, I feel for you. Although we do not have a stream near home, we are being forced to either pare down in a large way, or leave. The home across the street just sold for $65,000 we bought our home three years ago for nearly three times that much. We are sick about it. We struggle hard to make the bills as we have added debt now (child care being the biggest along with growing boys and college coming up) so this is our reality too.

    I do wish you all the best and it is true, you may not be able to go home but you can go fishing there...
    Japan: Tsuttenkai, Jolly Fishers, member since 2010

  5. #5

    Re: Sale Pending

    Weve made a couple more small steps toward the move. Things could still fall through, but things are still on track.

    We have good equity in our current home, and well trade that for good equity in the new one. Some Midwestern areas have been on a slide in housing values, especially in the cities. In our area, sales are slow but houses have held their value.

    What I really cant afford is the most brutal, mind numbing commute in the Midwest. Trading houses will reduce my commute by 10 hours a week and transportation and housing expenses by $300-$400 per month.

    The new house will work for us. The outdoor interests need some attention. Ive made a materials list for a horse shed and Ill build it myself. Whats next? A pole barn for storage? Chicken coop? Greenhouse? Sauna?

    There are trade-offs. Im trading the calls of sandhill cranes, loons, geese and wild turkeys for the calls of bluebirds, ringneck pheasants, geese and wild turkeys. Im trading heavy woods for open, rolling pastures. Im losing my proximity to the creeks I know, and moving closer to the smartest and most engaging 15 month old first granddaughter in the whole family.

    I am concerned about the things were leaving behind, but I look forward to the things were gaining. It will be a good trade.

  6. #6
    Titles are important to me Gerard's Avatar
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    Re: Sale Pending

    All the best mate. Change can be good and if I listen to my wife it is always for the better. :) I wish you guys well.
    "The fishing was so good I thought I was there yesterday."

  7. #7

    Re: Sale Pending

    The pending sale isnt pending anymore. A whole string of contingent sales collapsed when our buyers were not able to close the sale of their old house in a neighboring town. A string of families aren't moving, and a string of real estate agents are not getting paid.

    I dont know why that deal went bad. Someone upstream crapped in the water, and all the deals downstream were polluted.

    We have a theory. Our buyers were using a buffoon real estate agent for our deal and for their sale upstream. He submitted a faulty offer to us and our agent had to fix it for him, and he never got anything done right or on time. The buyers' house inspector came out five days after they could have asked us to cure any problems. The inspector asked who the buyers agent was. When we told him, he said, Well, do ya think this deal will go through? We asked why the skepticism, and he said Ive known Bob since he was a little kid. He has never in his whole life been able to accomplish anything on time.

    Were sore about it, but were staying put for now.

    On Sunday I went out to Catscratch Creek and caught about 20 trout on flymphs. Last night I called my friend Dennis and told him hed better come up soon and get some fishing in. You never know when we might be preoccupied by another possible buyer.

  8. #8

    Re: Sale Pending

    Ernest,
    hope things sort themselves out for you and yours.
    seems 2010 is not a great year for many of us .
    I have never been unemployed for more than a week or so,been on the job market for 5 months now,getting rejections and dont call us we will call yous and even worse no response from applications grinds you down a bit,dont know where I would be without suppport of Wife and son and especially some of my fishing friends who are helping keep me sane .Half expecting a job offer this weekend ,hope it pans out !

    thank heavens for fishing and friendship.

  9. #9

    Re: Sale Pending

    Doctor,

    Thanks for the note.

    It's amazing to me what poor work is done by the real estate "professionals" in this area. They offer their "compassion" when things go south, but they have no skin in the game, and I have to explain that I'm not paying them for their compassion. I'm losing money because of their incompetence.

    Competent real estate agents need not be offended; if they do good work, I have great respect for them. I've worked with good people in the past, and I know the difference. The people we have in this neighborhood are dreadful.

    Meanwhile, the fishing has been excellent. I'm going into camp tomorrow for a few days for an annual meeting with a few old friends. The weather will be good, and the fish should be biting.

  10. #10

    Re: Sale Pending

    This weekend, we visit with the specialist in short sale on our home.

    This is our reality.

    2010 will be the year that we accept that our investment is actually a sinking ship and it is time to abandon.

    It is scary, boxing everything to move to a rental home.
    Japan: Tsuttenkai, Jolly Fishers, member since 2010

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