My First Time... Purchasing Our First Home.

By
Real Estate Agent with Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities #1 in Forest Land Mgmt

My First Time...    Purchasing Our First Home.

 Reading the first part of the title of Patricia Kennedy 's contest had me reliving pleasant memories of a girl I used to know and my old Ford Torino.

But then I read the second part of the title and got to relive some other pleasant memories with a girl that I still know and the first home we purchased together.

Enjoy the story of our first home purchase.

 

 

Our First Home Purchase

   1989, after several years of traveling the country working for the US Forest Service, we had just had our third child, I had started my forestry consulting firm a few months earlier, and now it was time to really settle down and buy a home.

 I didn’t think that I could afford to buy a home, until I got the final "why not" message from an unlikely source.  I had just hired a part time assistant who had been on welfare since she started having children in high school, and she told me that she was a homeowner, and how she had accomplished it.  My next question to myself was, if she can do it with very little income, then why can’t two highly educated professionals like my wife and I do it?  This led me to start getting serious about achieving my dream of being a homeowner.

   Once a dream is announced, it’s inevitable that it will be achieved.

   A few months later my wife got a new teaching job at a nearby Catholic school, I was dropping her off there one Saturday morning when I met the janitor.  I happened to mention to him that I was hoping to buy a home nearby, hopefully something with some acreage, he mentioned that he had a place that he would like to sell.

   He had a 118 acre old rocky farm with an old farmhouse that he thought was ready to tear down.

   I was in love, this land was too rocky to plant crops but perfect to plant trees on, and the house was something that I could fix!

  And I could afford the $30k asking price.

   My in laws were not impressed with what they referred to as a "hunting shack", but they did loan me the last $800 that I needed for a down payment and dedicated dozens of weekends and thousands in building supplies to turning the old farmhouse into a home that their grandchildren could live in.

   I still own that old farm, and my family and I lived in it for over a decade before upgrading to a nicer home.  Over the years that old farm not only raised a lot of trees, dogs and kids, it also paid for itself several times over by selling off slivers to other people who wanted a place in the country.

   I would like to thank the many people who aided me in this first investment of many in the real estate world, not the least of these is my old assistant who showed me that anybody can buy a home, all that it really takes is the realization that, you can if you try.

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Rainmaker
3,209,965
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Yes sometimes someone has to show us the way, in my case it was my father....Bob what a great walk down on memory lane, Endre

Oct 31, 2016 04:30 PM #1
Rainmaker
1,448,443
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

Yes, having a goal is the first step towards achieving it. What a wonderful story about determination!

Oct 31, 2016 09:51 PM #2
Ambassador
3,678,725
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Bob, sweet story!  You and your family are lucky that you had the "handy" gene!

Nov 01, 2016 04:08 AM #3
Rainmaker
2,560,363
Myrl Jeffcoat
GreatWest Realty - Sacramento, CA
Greater Sacramento Real Estate Agent

I think we never forget the feeling and the love of our first car, or the first home we buy.  I miss my ole powder blue 1960 Corvair Monza.  And, I miss my first home, even though it's no longer the nice neighborhood it once was.

Nov 01, 2016 10:26 AM #4
Rainer
456,603
Sally Crane
WMS - Unity, WI
Woodland appraisal support.

This was a great beginning for our young family.  It has been a pleasure watching the changes in this property too.

Nov 01, 2016 12:48 PM #5
Ambassador
3,360,171
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Oh, what a wonderful story, Bob!  I love that you wound up building a home that your children could live in for a decade...AND that you still own it!  (Smart investor!)  

Nov 02, 2016 10:31 AM #6
Ambassador
2,562,723
Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

That's Karma at it's best.  People cross our paths for a reason and yours came to a positive result.

Nov 02, 2016 12:36 PM #7
Rainer
229,369
Nicholas Crane
Woodland Companies - Cadott, WI
Managing & Appraising Forest Land

Somehow, I don't remember much about when you first bought this property, but I really enjoy going out there to visit, relax, and work out on the tree farm.  It feels like my home away from home.

Nov 12, 2016 01:06 PM #8
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Bob Crane

Forestland Experts! 715-204-9671
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