Now that I think about it…

I am prone to over analyze things…

I mean I evaluate everything…frontwards and backwards…from both sides…then the top view…etc., etc.

It doesn’t really matter what it is…decisions I have to make, decisions I have made…etc., etc.

I have been reviewing how we lost in the bidding for this house that we are buying back when it was a foreclosure. The straw that is stirring my emotions is that I am buying the same house except that I now have to pay the current owners a profit!

“If only I had offered cash…but I didn’t have all cash…what if…”

Then it dawned on me…

If we had won the auction, I would have had to find people to work on the house, attempt to manage them while working a full-time job, fight with them over the inevitable adjustments, etc., etc. That is not a very appealing proposition.

Instead, the current owners are essentially acting like my general contractor. They are fixing everything that we wanted to fix. They have hired the sub-contractors, arranged the schedule, etc. All that we have to do is to move in!

When I put it that way, it doesn’t sound all that bad! In fact, it couldn’t have turned out better!

This entry was posted in Providence, Real Estate. Bookmark the permalink.