Tuesday, April 21, 2009

Another Long Term Goal Accomplished

The blog posting has been inconsistent to put it mildly. I apologize for this. I've been insanely busy over the last month or so. The reason for the intermittent posting: Pharmacy Mike is finally a home owner.

Well... not quite yet. I haven't closed yet, but my bid for a condo was accepted, and by this time next month, I should be getting ready to move into my new home. If you're one of the two or three people who have been following my blog, you'd know that I was a longtime proponent of renting, at least in my financial situation. However, I just felt like I probably wouldn't find a better time than now to buy. I had a large down payment saved up. The housing prices are decent. The condo is even closer to work than I live now. I could have waited another couple of years, but it probably would not have had a better financial situation to buy than now, so I pulled the trigger.

It's not my dream condo, but it's nice enough and definitely a significant upgrade from my current living situation. It's fully livable right now, but I'm going to do a little bit of work to it (mostly cosmetic). It's a townhouse style condo, so it basically feels like I have my own house sans the yard work. I like it now, and after I make some changes, I'm going to really like it. I guess that's the most important thing.

The logistics of moving in to a new place and setting everything up is making me a little nervous, but overall, I feel very happy to be working towards another major goal in my life. I always like to be working towards goals. When I was in college, my goal was to graduate Pharmacy School. After graduating, my next goal was to pass my boards. After passing my boards and getting my pharmacist license, my next goal was to move out of my parents house. That's when I got my apartment, and I kept telling myself that I'd stay in that apartment until I had enough money for a down payment that would make my mortgage about the same as my rent. It took me a little over 2 years, but I was able to do just that.

Over the next couple of years, I'll be working on turning my condo into my home. I like having a purpose. I like having direction. I felt my life had stagnated over the last couple of years because I was doing the same thing day in and day out just waiting until I could take that next step. Buying this condo and the work I will be putting into i give me a reason to go to work every day.

I'm not sure what the next goal after this one is. I guess for the time being it doesn't matter. I'll be focused on this one for the next couple of years. Maybe afterwards, I can go back to thinking about relationships. Right now, that's the furthest thing from my mind, which I think is a very good thing.

8 comments:

pharmacy chick said...

congrats Mike, you will feel something very different (and cool) when you walk into your place and its YOURS. MY WAll, My floor, My sink, My toilet. My carpet. etc. If you want black carpet and Yellow walls, you can. If you want a pink and purple striped ceiling, you can. Way to go, have fun with it.
When we bought our first house, it was an amazing feeling, (we bought a single family dwelling-free standing) on 10,000 square feet of ground. OUR ground, my little piece of EARTH. Very cool.

The Chick

Pharmacy Mike said...

Pink and purple striped ceiling. That's exactly what I was going to do, lol.

Anonymous said...

Did you use any bonus money on this deal?

Guzzo said...

Sounds like a good move for you (no pun intended). This is an excellent time to buy a home, if you can qualify. Congratulations.

Anonymous said...

yea! congrats

Anonymous said...

Way to go!! Its awesome that you waited and actually made the plunge when you were really ready!!!

Have fun!!

Anonymous said...

Darn, I thought I was finally going to get my chance with Pharmacy Mike.

rinter said...

Congrats Mike. You have one of my favorite pharmacy blogs. Though I don't read the pharmacist blogs too often, and today I did. WHAT HAPPENED? Some of these blogs were constantly updated, and now so sporadic? What's happenin in the world of pharmacy these days?