Saturday, March 28, 2009

The New Home

What do you get when you mix low interest rates, a condo developer's eagerness to move units, and a desire to avoid driving? The purchase of a new condo within walking/biking distance of downtown, of course. After a few false starts, we have an executed contract on a 2/2 unit that's steps from the Lamar pedestrian bridge and a few blocks away from Zilker Park.

While the HOA fees are outrageous, I have somehow rationalized it to myself. After the closing, I will find myself the owner of 3 properties in Austin. Life was definitely simpler going month-to-month on a one bedroom apartment.