Moving from Colorado to Arkansas

 

Since my last post about moving to Arkansas there has been a lot that has happened. We did not get the house we had made an offer on with the 20 acres, but we did finally find the perfect house.It is a 2200 sq foot home on almost six acres. We got it at an amazing price of $180000. A house like that would go for close to $800000 in Colorado. We signed on the house Thursday and will be moving soon.

The hardest part of all of this is putting in my notice at my job. I have been employed at the same place for more then 10 years. I have grown a lot with the company and I have loved my job for years. I put my official notice in today, so May 1st will be my last day.

So what will I do next? I am thankful that home prices in my area are extremely high at the moment. If we sell the home at the price the realtor said, even at the low end, we will have close to $100000. That will give me enough to take a great vacation with my family and then focus more on my home business.  

The first thing I am going to do is get my notary license. This is just something I can do in addition to my other home income opportunities. The other thing I want to do next year, is get my tax license. I do not want to do accounting even though I am only a few credits away from having my degree in it, in addition to my business degree. I would rather work for a company part time during tax season so that I have some stable, and taxable, income each year.

For the first time in many years, I feel completely at ease with where my life is going. I feel blessed and guided by God in my future. I can finally spend time with my kids before they grow up to much, and make a real future for all of us. Thank you to everyone that is reading my posts, and hopefully I will be sharing many more positive posts about our future!

Moving to Arkansas

 

We have been considering a big move over the last year or so. Many different reasons for the move but the biggest is the cost of living in Colorado and my moms health. It has been a process trying to buy a home when we are not in the state we are buying from, but we are hoping it will happen soon.

Cost of Living in Teller County Colorado

 

The cost of living in Teller County Colorado has dramatically increased in the last 10 years that we have lived here. Many people moving in the area including Charis Bible college, has made the housing market tight. I purchased my current home 5 years ago for 84000. I recently did a refinance for 160000 but learned I could sell my home for 195000. That is for a loft A Frame on less than an acre. Even making decent money, I cannot afford to purchase a larger home in this area

Moms Sicknesses

Mom has lung issues and the elevation had already been messing with her health. In November she was diagnosed with Afib which is also not helped by the elevation. Since we live at close to 9000 feet, we are pushing her health on a daily basis, so now we have to make a change. Arkansas is well below any of the elevations here in Colorado.

The Process of Buying a House out of State

We were approved for a loan around the beginning of December with Ally Bank Mortgage, so we began the search. So far we have looked at several homes all over Arkansas. Also, we even made offers on a couple. Each offer has been turned down for one reason or another. Today we made yet another offer on a house that has 20 acres. We offered full listing price. The only contingents are asking for help with closing costs and we inspection results. I am praying that this offer is accepted, or at least a counter offer is made. I truly need to get my mom out of the elevation. One thing my family has is Faith though. We believe the right house will come along that we will be able to purchase.

I am hoping my next post is about the family planning on a huge move to Arkansas. In the beginning I will continue to live in Colorado and take care of my house here so I have an income coming in, after a few months I will move to Arkansas with my mom, niece and two kids. The planning process is going to be interesting, but I know it will all work out!