The following post describes 2 people – a husband and wife – making a very important decision. In this case, the decision is buying a house. Buying a house is sometimes the most important purchase of one’s life. However, that is one of the things that has changed – even over the course of my lifetime. There was a time when buying a house was a once in a lifetime experience. But now, even though home ownership and the buying and selling of multiple homes is more common, it is still a critical, tremendously important experience that is not to be taken lightly. In a recent experience, my wife and I, through flawed actions, made mistakes in judgement that adversely affected others and ourselves.
Not long ago, I wrote a post entitled Moving Again. The post detailed selling our home and buying another. The rambler that we were buying was perfect for someone like me. With my cerebellar ataxia, I couldn’t always navigate the stairs of our split entry home. The movers were reserved, we were all packed and the closing date was December 1st – last Thursday.
Days prior to closing, my wife began expressing doubts about our forthcoming move. As time went on, those doubts turned to regret for selling our house and buying another. We had successfully convinced ourselves we liked the new home, or so we thought. Still, my wife was developing buyer’s remorse before the transaction was complete. On the other hand, we kept telling ourselves the house had some nice features: first floor laundry, a kitchen to die for, a four car garage, ranch style – everything on one level. Nevertheless, there were some things about it that we didn’t like at all. One of the biggest problems: it only had one bathroom. Secondly, there was no fence. Those two things alone would have cost us close to $8,000.
But there were other shortcomings as well. All of the appliances were old and who knew how long they would last. The kitchen stove was a “drop-in” stove, the price of which is at least twice the cost of a normal stove.
The bedrooms were all small as was typical of 1960′s ramblers. On the other hand, there were hardwood floors throughout. The floors, if refinished, would look beautiful. The living room, with it’s long rectangular shape, would lend itself well to a home theater arrangement. In the layout of our current living room, our 52″ LCD television overwhelms the room. There is not much versatility in arranging it.
In the end, however, that which Jill originally complained about – what eventually led us both to recant in our decision – was the size of the yard. Of all things, it was the tipping point in our decision to back out. Currently, we have nearly 2 acres and, initially, Jill felt due to our age and my disability, a big yard was something to avoid. But, riding lawnmowers and snow blowers take care of the brunt of that problem. And if that didn’t work, an ambitious neighborhood kid could take care of us. We simply came to the realization that we will never in our lifetime have another yard like ours. Sitting on the patio, looking out back, it almost seems like we are in a park. With a mixture of deciduous trees and conifers, we are sheltered from the world. We have no neighbors. Until I get to heaven, I want to live the rest of my days on my lot.
The Final Day Before Closing
On November 30, the day before closing, we worked solid, packing all day. Even David and Donna spent the entire afternoon helping us pack. By 11 o’clock at night, we quit. We decided to get up early to finish – we were nearly done.
As we tumbled into bed, we began to discuss the events that would take place the following day. The movers would call around 8AM and the closing was at noon. However, we began to talk – in earnest – about backing out! As a matter of fact, I couldn’t believe it; Jill was dead serious. I had never seen her like this; all she needed was a yes from me. I had no trouble stopping the closing because I never wanted to move in the first place. However, I wanted her to be absolutely sure; I did not want to put pressure on her. We agreed to sleep on it.
The next morning, the phone woke us up; it was the movers. As we looked at each other, she said the words – “we are cancelling the move.” First step. As Jill lay in bed, she said to me, “I’m going to wait until 8AM to call the realtor.” It was 7:15; we had 45 minutes to either regain our senses or rejoice in our boldness. Regardless, I was still picking my jaw off the floor.
We talked for the next half-hour or so. Personally, I felt at peace. Jill and I were on the same page completely. We were going to cancel the closing. A short while later, Jill called the realtor, who was acting as a dual agent, representing us and the buyer. (Warning to the reader: never have a dual agent, too much potential for conflict of interest. It just doesn’t work out.) The realtor kept saying to Jill, “I don’t know what to do, this has never happened before, no one has cancelled on the day of closing. The buyer is going to be so mad. The seller will be so upset.” On and on it went. Over the next few hours, Jill and I spent a lot of time on the phone – especially with the realtor.
During one of the phone calls with the realtor, the realtor announced that both the buyer and the seller (the house we were buying) were going to sue us. Beside that, it was unclear what her motives were. Would she sue us too? By mid afternoon, we had retained the services of a real estate attorney – someone who came highly recommended. By day’s end, it was clear that our 11th hour decision to back out was going to cost us more than chump change.
Since December 1st, the day we would have closed on our house, we have not regretted our decision to cancel – not even once. We did the right thing – for us. Certainly, we made enemies. But guess what, I would have been mad too. If I were buying a home and someone cancelled at the very last moment, I would have been very upset. Yet, as I told my wife, they are much younger than we are. There are a lot of houses out there and I’m sure they’ll find one they like. To say that we behaved in a less than professional manner and that we were wishy-washy is an understatement. I just hope that we have learned our lesson.