We looked at a few places today and made an offer on a house (half a duplex) at Moa (where our condo is). It’s in God’s hands as we offered 15% less than they were asking. Our offer was for 2,000,000 kroner (that’s $400,000 to me and you). Another person had offered the same price a month ago but the owners turned it down but we’re hoping they’re more eager to sell by now. They are asking 2,290,000 kroner ($60,000) more than we offered, but it’s a slow market for sellers as the interest rates in Norway are climbing and many people can’t afford these prices. We can only manage it if we get an interest only loan at the bank, which we were told we could get. (Kory’s old childhood neighbor is the president of a bank here and he can fix us up with whatever we need. It is nice to know the right people.) But it’s all a bit scary as we have tried so hard to get OUT of debt, now we’re going back in. And the house is about 920 square feet– tiny thing, but really cute inside.
Anything we rent would be 10-12 thousand kroner a month ($2,000-$2,400) so we figured we might as well “rent from the bank” as our payments would be about 12,000 kroner. It’s a bit of a risk that in a year we can maybe break even, but at least we get the tax advantages of owning and being able to deduct the interest from our income. We gave the seller 20 hours to make up his mind so we’ll know by noon tomorrow (3am Seattle time). We are nearly out of options. School starts in less than 3 weeks and we must know where we are living in order to know where Kaleb will go to school. He’s already registered with this school district and this house is almost as close to our condo as the house where we were going to rent – it’s just a few doors down from it and right in the same neighborhood.
I told Kaleb today about the housing dilemma we are in and he was more than excited that we might have a place of our own, so he took the news rather well. Thank you, God. There is a little girl, maybe 6 or 7 on the other side of this duplex and a boy about 7 or 8 in front of it – and there are several trampolines in the neighborhood, so it’s rich with socializing opportunities. We are praying God softens the hearts of the people with the house and they will be willing to sell at our price. The best thing is – it’s not sinking!
On the way home from the “megler” (real estate) office, we stopped by Odd’s other brother’s house to look at some furniture. He’s moving in with his girlfriend and they are each throwing out all their stuff and getting new furniture together. So, assuming we get a house soon, we will also have a nice couch, love seat, coffee table, and dining table with six chairs to go with it. Other cousins have been holding beds and dressers for us, knowing we are coming. They don’t do much recycling here – or trying to sell things used (it’s a little bit beneath them to take hand-me-downs) they’d rather just throw the stuff out. But we’re Americans and we have no shame.
Hopefully our search for a house will end tomorrow and we can start looking for jobs. We are trusting God for all our needs….
