Tuesday, July 29, 2014

Our Residency Home

About a month and a half after Match Day we contacted a program recommended realtor. It turned out that our residency location has an extremely low cost of living. It would (to my surprise) be cheaper to buy than rent for 5 years. The ladies on the LDW facebok group have told horror story after horror story about buying during residency. After our realtor showed us around to 20 places in 2 days, it seemed we really had no other option only coupled with the fact that literally all the residents in the program have houses or condos. We took the leap and put an offer in!

When we set the date for our wedding prior to our possible residency move, I had no idea how crazy our timeline would actually be!

May 1st, 2014: He turns in keys to his medical school apartment in Toledo, Ohio. All of his stuff was transferred to the garage of my apartment in Lancaster, Ohio but he stayed at his parents place in Saint Clairsville, Ohio. (RED)
June 4th 2014: Last day of school in Lancaster, Ohio. (Purple)
June 6th, 2014: Rehearsal Dinner (Yellow)
June 7th, 2014: Our Wedding Day! (Yellow)
June 12th, 2014: Close on our first house in Huntington, West Virginia (Blue)
June 14th, 2014: Turn in keys to my Lancaster, Ohio apartment. (Purple)

I am SOOO happy to finally be settled. Our honeymoon was our move and I'm quite content with it.

In Huntington we were able to get a ton for our money! We got a medical housing loan through Huntington Bank where the PMI is dropped which was amazing.

Without telling you our address, zillow.com listed our house with the following:

  • Lot: 6,599 sqft
  • Single Family
  • Built in 1942
  • Cooling: Central
  • Heating: Other
  • Attic
  • 2 Firepaces
    Flooring: Carpet, Hardwood
  • Parking: 1 Car Garage - Attached, Off street
  • Partial basement
  • Patio
  • Side Porch
  • Security System
  • View: City
    2 blocks to Ritter Park/Tennis Courts/ Bike Trail
Room Types
  • Breakfast nook/pantry
  • Dining room
  • Family room
  • Laundry room
  • Master bath
  • Exterior material: Brick
  • Roof type: Shake Shingle
  • Room count: 9
  • # Stories: 2.0
  • Structure type: Colonial
  • Unit count: 1
  • Floor size: 2,821 sqft <<<This includes the half finished basement.

95% of the windows are brand spanking new. Not to mention a new roof in 2012 and new furnace negotiated at closing. We got all this for $160k with closing paid by the seller. Humm... can you say Yess??! Our mortgage is about $950 a month and property taxes are a low low low $1400 per year! Soon after we learned his program also gives him a $2000 bonus for matching there, free loops, pgy1 book mailed free, a $500 a year suit find, all dry cleaning reimbursed, and $500 step 3 reimbursement. Can you see now why after putting in an offer, my freaking out about not matching in Columbus, Ohio ended! Score!

We've been living together for about 6 weeks now and our long distance relationship is thankfully in hindsight. This medical journey is one heck of a roller coaster.

We will need to update the kitchen a bit and one of the bathrooms before selling in 2019. More posted to come with before and afters!

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