Tuesday, September 4, 2012


September 12th can't come fast enough for us.  Thats the day we take possession of the new house.  We closed the deal two weeks ago - for purposes of our mortgage we paid for the house already.  For those of you who don't know about "porting" a mortgage I'll tell you.  If you've paid out a mortgage and paid a penalty most banks will allow you to "port" the mortgage on a new property as long as it is done within a certain time period.  We paid ours out in February and our bank has a strict six month policy so we had to fund the new mortgage before that expired.   It was well worth it since we were refunded thousands of dollars in penalties.  So thats why even though the house is officially ours we are still not in it.  Just lurking around it.  Every day this weekend we drove by the house and hung out in the new neighbourhood.   It gave us the chance to sit on the bench and the park which is just a block away and hike down to the beach and around the rocky point.  So peaceful down there!


  1. Seriously? This is a block away! You've already made a great choice!:)

    Came over from Janet's blog because the idea of downsizing from 3,000 to 800 sq feet is very intriguing. I know you since bought this different home--how many square feet is it?

    BTW, the reno process is NO FUN for YOU--but personally, I CAN'T WAIT!:) I love watching the progress--so I am coming along! Wishing you all the best.

    1. Hi Sweetsy,
      The new house is 2,000 sq.ft. with an additional 150 sq.ft. studio. I think its just the right size for us now. Thanks for your enthusiastic comments and for following the progress.