Sunday, November 25, 2012

Building Family Bonds while Building our Basement!

 Five years ago, Dave and I made a decision that has impacted our lives every day since.  During the height of the building empire, we chose to build a spec home to turn around and sell.  To make a long story short, we finished the home just a few weeks after the housing market began showing signs of crashing.  Instead of walking away with 200K, we ended up with a short sale and mountains of debt from the short sale of that home.  During our trial, we have been very blessed with several of these mountainous debts negotiated to smaller amounts....but to put that in perspective, we have pretty much paid out close to 100K out of pocket to date. Today, we are about $5000 away from putting this nightmare behind us.

Now what could I do with 100K?


FINISH THE BASEMENT IN MY HOUSE!  We live in a lovely home with three bedrooms on the main floor and 2400 sq ft of unfinished living space.  In 2006-2007, we started our basement.  Framing- check!  Electrical- check!  Plumbing- check!  Sheet Rock purchased and sitting there- check!  But that is where it stopped and ever since, we haven't dared put a dime into our home until we resolved some of our debts from the spec home.

Until now.

Dave and I decided it is time to start working on our basement and we are soooo excited!  When it is finished, we will have three additional bedrooms, a workout room, a bathroom and a HUGE family room with a bar/kitchenette. 

Jaxson has been Dave's shadow as they have worked on the basement, finishing up some extra electrical.  Instead of hiring it out, we feel we have the ability to do most of it on our own. 
 Dave and Jaxson at the future bar area-

WISH US LUCK!

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