2018: The Year of the Lifestyle Change
What a year 2018 was for the SSC household. There was a LOT going on with the kids, the dogs, our house, and most importantly both of our jobs. At the beginning of the year we were designing a house to be built on our property at Canyon Lake and expecting to be in Houston for another 2 years. By the end of the year I wasn’t working and we were celebrating Christmas in our “new” house in Oklahoma. Wow! Just wow… Even for us, things seemed to come so unexpectedly the only thing that we knew to count on was that our plans would constantly be changing. Ultimately, it was the year we kicked off our dream of the Fully Funded Lifestyle Change (FFLC)!! There was a lot more detail than just that, so let’s get into the 2018 recap.
Moving Time
Early in 2018, Mrs. SSC landed a really sweet gig working at a well-respected University with a strong and established petroleum program. This forced us to move to Oklahoma and it wasn’t even on our radar for places to live. We found a great place out in the country with 2 untamed acres. On the plus side, we could shape it to be as wild or as manicured as we want because literally nothing had been done to the woods except let them grow wild.
The downside is that there is a TON of downed timber across that 2 acres, a lot of underbrush, and it isn’t anywhere I’d want the kids or myself wandering through in the summertime. I’ve been putting a big dent in clearing that brush, and I’ve cut down about 20+ trees already. I have marked so many more trees with flagging tape that I ran out of 200’ of tape. Yipe!
Selling Property Sucks
Our Houston house went on the market in mid-March and we figured it would be slow until summertime, but expected to be able to sell it over the summer. It went 90 days without a showing, in part I believe to the “okay but not great” photos that were taken. Pro-tip – interview multiple realtors prior to picking one. Ours was Mrs. SSC’s trainer and was convenient, but I feel like we could’ve found a better realtor and saved ourselves a LOT of $$ and anxiety. Mid-summer we got an offer and man were those buyers nit-picky. They argued over every single dime wanting us to put up more and more money. After a month of negotiations on post-inspection fixes, we found out these jack-wads weren’t even approved for a loan! How does that happen!? Well, they barely squeaked by for a pre-approval with a high 500’s credit score. Fast-forward 5 months and who has been missing car payments and racking up MORE debt? Those guys. Needless to say, their credit score had dropped to low 500’s and they couldn’t get approved for the loan. Thanks for keeping our house off the market the last month and a half of summer and being jackasses about EVERY single item… Ugh…
Buyer #2
The next buyers wanted our property, but didn’t want to make an offer until their house sold. However, they wanted us to take it off the market and hold it for them. Can you hear me laughing? That was rejected, and the house stayed on the market. Another buyer put in an offer and had the inspection done, then pulled their offer 3 days later. Their main concern was having to replace the water pipes due to the amount of rust coming out of them. We were puzzled and then remembered we’d replaced the main shutoff and the plumber told us to run the water to flush any rust/sediment/etc… that had gotten knocked loose and that it may look dirty until it gets flushed. We asked our realtor to do that and he had done it, according to him. Those pictures of the bathtub with rusty looking water said otherwise… Ugh…
Third Time’s a Charm
FINALLY, we got another interested couple, they made an offer, were easy to negotiate a price with, and we were under contract. We waited for the inspection and heard nothing. Literally nothing. We contacted our realtor and he said that they’d gotten the inspection and didn’t have any follow-up requests for us to fix. Yay!! While we technically closed in 2019, we did finally close on that house and that 2018 contract went thru. Yippee!
Leaving My Job
Me leaving work was a little tricky due to the fact that I had to prep the house for sale, keep it under wraps, AND spend time driving up to Oklahoma for house hunting, home inspection, and closing. It was easy enough to tell work that I’m “taking time off” but everyone was convinced I was interviewing at other companies. That was just fine with me, because what do I care what they think? I’m leaving in 3 months.
One Friday, I was at my desk and get a call from my boss to come to our bosses office. I get nervous and then think, wait, why am I nervous? I didn’t do anything wrong. Then I got excited thinking I might be getting laid off and could get a severance package. Buoyed by that prospect I went in, sat down and was told I was being promoted to my bosses position but for our Texas-Delaware Assets. Hooray… Ultimately, I declined that offer, and you can read more about it here. Since my upper managers now knew I was leaving in August, I wasn’t getting any more additional work or put on other special teams. Double yay!!
When the time got nearer for me to leave my boss proposed a 3 month remote work assignment to help with reserves. It got approved and ultimately we had 3 more months of pay, health insurance, and a little extra $$ we hadn’t counted on to help with the “new” house projects. It turned out to be a mixed bag that you can read more details about here, but ultimately it worked out well for everyone.
Money Pit
The new house is the last big topic of 2018. When we moved in we knew it needed some cleaning and maintenance as it looked like it hadn’t been maintained in the 16 years it has been around. We got the ducts cleaned, I vacuumed the walls, and I dusted and cleaned every other surface and Mrs. SSC was still having troubles with allergies and breathing. The previous owners had a cat, so I suggested that we replace the carpet sooner than later. We did that and her breathing got immediately better. Hooray!!
The house temp wouldn’t get cooler than 83/84 F on days when the outside temp was over 93. We had an AC inspection and it was working correctly and pumping out cool air, but that wasn’t the issue. The issue was that it was a 3 ton unit and this house needed a larger unit than that to be effective… I shopped around 4 different contractors and found a great deal on a higher efficiency unit than we previously had, and after it was installed problem solved.
I also noticed that the upstairs bonus room was a heat/cool sink for the house. Everywhere else appeared to have adequate depth blown-in insulation but the walls for this rom were only 4” thick. I wanted to get some more insulation and add it to them along with some other spots I’d noticed that had thin blown in insulation (4” or less). On Black Friday, Lowe’s had 30% off their insulation. Score!! I bought 24 batts (11 pieces in each batt) of R-30 insulation for ~$1k discounted, installed it myself, and have seen some great results. Plus, now I can keep the heat off in the bonus room. On the coldest nights it gets down to 58 but mostly stays between 60-64 without any heat on. Double Score!!
Summary
That’s the very long recap of our year. I’m sure I may have missed some things, but those were the biggest ones for us. So far, we’re loving the town, country living, the kids school, and our neighbors. While this state wasn’t even in the running for places to consider living in, we are really liking it. There’s more topography than we expected, especially in our home area. The people are super friendly and it feels like it has a great sense of community about it. I can’t wait to see what’s in store for 2019! Be on the lookout for a “new” home spending post. There’s way too much to put into this one, and it is ridiculous…
Hope your 2018 went as great for you as it did for us.
Gwen @ Fiery Millennials
January 29, 2019Yeah 2018 was kind of a roller coaster. I’m happy to say we all made it through though woo!!!
Mr. SSC
January 31, 2019Roller coaster is very apt for last year. Like all coaster rides, it too ended and we can now try and figure out what kind of year this one is going to be. I’m hoping for a kiddie coaster. 🙂
RocDoc
January 29, 2019Great to hear the move to Oklahoma worked out so well! Did you sell Canyon Lake property yet?
Fervent Finance
January 29, 2019I have the same question!
Mr. SSC
January 31, 2019Just so you don’t have to come back to read the reply to RocDoc, here you go.
As far as Canyon Lake… We haven’t decided what we’re going to do with it yet. Mrs. SSC still likes the property, and I agree, but I don’t want to pay property tax and HOA fees on it for another 12-14 years before we build on it. At this point, it’s too far away to be a short weekend type of vacation house, so that knocks out building on it anytime soon.
Since the property tax doubled this past year, it also makes it more of a financial headache than if it stayed close to where it was when we bought it.
On the plus side, that area is getting built up very quickly and we may be able to hold it for another year or 2 and then get rid of it and maybe make some money on it, or break even after years of property tax, etc… IDK. But that’s where we are with it currently. A big fat, IDK.
Mr. SSC
January 31, 2019So far, I’m digging it out here. 🙂 As far as Canyon Lake… We haven’t decided what we’re going to do with it yet. Mrs. SSC still likes the property, and I agree, but I don’t want to pay property tax and HOA fees on it for another 12-14 years before we build on it. At this point, it’s too far away to be a short weekend type of vacation house, so that knocks out building on it anytime soon.
Since the property tax doubled this past year, it also makes it more of a financial headache than if it stayed close to where it was when we bought it.
On the plus side, that area is getting built up very quickly and we may be able to hold it for another year or 2 and then get rid of it and maybe make some money on it, or break even after years of property tax, etc… IDK. But that’s where we are with it currently. A big fat, IDK.
Mr. PIE
January 29, 2019Man, you guys accomplished so much. So much. Hat tip!
The roller coaster of house sale must have been so stressful. But you made it!!
you should forward to settling back into a few more sane months. You deserve it.
Cheers!
Mr. SSC
January 31, 2019We made it!! Woohoo!! Suck it, 2018! lol
Thanks! It didn’t feel like a lot until I tried to put it into a post that was under 2000 words. 😀 There really was a lot going on.
I feel like I am finally in a decompression mode and getting the schedule and transition kicking in. I had the lightbulb moment a few weeks back of, “Whay am I NOT going hiking?! I’ve got time to do whatever I want to with, mostly, let’s start hiking again!” And the same with woodworking and other hobbies. That’s been nice and I’ve been careful not to overdo it either. That being said, CASA training starts tonight. (facepalm) These are all mindful choices, so I’m ok with that.
Maggie @ Northern Expenditure
January 29, 2019It’s been fun watching the ride! Can’t wait to keep hearing ALL THE THINGS! How is Mrs. SSC liking the job? Everything she thought it would be?
Mr. SSC
January 31, 2019Thanks! I am getting my schedule more set now, and have put the blog in there. So, there will be more posts describing ALL THE THINGS! With everything else getting so busy and crazy, I let this slide. You can empathize with that, right? 🙂
Mrs. SSC still loves the job. Even more this semester, now that she has her own students she is working with. She just submitted her first paper for publishing (already did revisions and stuff) and has 2 more in the pipeline. So, yeah, she is enjoying it.
It’s been great for our schedule because some days she can be home by the time the bus gets here and others she’s home by 5. It’s been more “outside the office” work than she was expecting, but we both suspect that’s due to first year and that sort of thing. I think it will stay like this, but even then, it’s not too bad. Great schedule for everyone all around. Especially me! hahahahaha
Dave @ Accidental FIRE
January 29, 2019“Take it off the market and hold it for them?” HA!!! That’s friggin hilarious!
This is your first full year after leaving work, expect goodness!
Mr. SSC
January 31, 2019That was our exact reply to them! Just laughter. Except they were serious and wouldn’t put in an offer, but wanted us to put it to “pending continue to show”. I’m like, “I never considered those houses when we were looking for a house because I don’t want to waste my time competing with another buyer.” So, no… We told them they’d get first right of refusal if we got an offer, but that was it. It still makes me laugh. Ultimately, when an offer did come in and we let them know, they had decided to shop for an even bigger house. Evidently, their house sold for more than they were expecting so they can now look past our tiny 3900 sq ft McMansion, for a REAL 4500+ sq ft McMansion. What can I say, we bought the 3900 sq ft house to begin with (facepalm). It was just so cheap… lol
I’m expecting a lot of goodness. For the most part, I’m back to a calmer, more relaxed me, which is nice. I’m working on projects I want to work on, which is nice, and I’ve been spending 2-3 days a week hiking in the woods. No complaints from here. Hope your 2019 is full of goodness as well.
Kate
January 30, 2019Oh my, so many changes! Isn’t it crazy how much detail you can put into your plans, only to end up with a totally different course? Glad your house finally sold…man, we’re still stuck with our KY house while paying rent in WI. Tough because we adore that house and kinda wish we were still there.
Congrats again on making your FFLC! I’m glad Oklahoma is working out so well for you guys so far. Here’s to keeping things flexible, right?
Mr. SSC
January 31, 2019It is crazy how much we plan down to the dollar and then those plans never come to fruition. That’s why I joke that we’re on Pan P or maybe plan BB, because there have been so many iterations. If we’re not already at the end of the alphabet, for naming plans, we’ve looped back around. 🙂 Man, that’s tough having the double payments for a living space. I hope the teaching is going well with you and your husband and you guys are settling in. Although I’m guessing especially during this polar vortex, you really, really wish you were back in KY. frigid temps up there.
So far, where we landed in OK, reminds me of the hills and hollows of KY. That’s been nice.
Here’s to keeping things flexible!
Mrs. Groovy
January 30, 2019A banner year for you two. Congratulations!
Argh! Selling property and dealing with buyers can be frustrating. In the end, there’s nothing like that sigh of relief when the deal is done.
Mr. SSC
January 31, 2019Thanks! It was an interesting year for sure. Unlike you guys building your house, ours is still in draft mode on a computer. Sigh…
Buyers… Oh man… When it finally came through and the last buyers were super nice and normal to negotiate with, what a relief. That Tuesday, we were both anxious just pacing in the afternoon until we got word it had been executed and the property was no longer ours. lol Seriously, we were expecting anything to happen to mess it up. Fortunately, that didn’t happen.
Mr. 39 Months
January 30, 2019Great recap and congrats on your new situation. I know the woods are going to take some more work, but it sounds like work that you will enjoy, because you can see the results! No more theoretical cubicle work.
Maybe buy some lumberjack shirts!
Mr. SSC
January 31, 2019That’s a great point! If it wasn’t for Mrs. SSC being hesitant about burning it off in a slow controlled fashion, I’d have even more piled up and ready tog et rid of. Now it seems I’ll have to break it down into the sizes that our local municipality will come pick up. Fortunately, that’s free and I can schedule it when I get enough. I mght be back out there sooner than later. Definitely before the snakes start moving around again. 🙂