Our bout at the auction didn't go in our favor - the cabins all went for around $20K more than we were willing to pay. So instead of using our savings for a down payment, we're paying off our land today!!
We've been paying online, but when we called to get the payoff they said you either had to mail the final check in or bring it down to the office. I transfered the money from savings to checking yesterday, and Jay will be paying them a visit this afternoon!!
As promised, here are some pictures of the land. They were taken last fall right after we purchased it, which is why the land looks cold and dreary.
(click to enlarge)
Lot 9 wasn't our first choice, but it was pretty high on our list. We were surprised when the bidders kept picking other lots. For those of you not familiar with auctions - this particular was was "bidders choice." That means that they start off the bidding and the high bidder gets to pick which lot they want - rather than just saying "we're auctioning lot 1" then proceeding with the bids.
One thing we loved about the lot were the old trees.
We've discussed putting the house near the trees - its the perfect spot to still have a huge back yard and a good sized driveway.
Then of course, there is the view that will be out my kitchen window.
And our neighbors will make our farm house feel authentic.
One of the buyers at the auction purchases several lots (4 i think) and is now in the process of building a million dollar home. Real estate wisdom tells you not to be the nicest home in the subdivision - looks like this guy is making it so we definitely don't have to worry about that!!
We've currently got a guy mowing the lot for us in exchange for the hay. I hope he's mowed it recently so we can have a celebratory picnic this weekend.