Today is one of those delightful days--it's almost time to hand the house keys over to first-time home buyers.
Two years ago there would have been no way, on their budget, for them to have purchased a single-family home--they definitely would have been looking at a condo or possibly a townhouse. Ours is a high-cost area, and $500,000 or so doesn't go far in the housing market. Today, with about a 14% decrease in entry level home prices, we were able to get them into a lovely 3-bedroom, 2-bath home in the heart of Silicon Valley, with a family room, updated kitchen, and their own yard. The FHA loan has funded, client funds are in, and we're set to do a walk-through tomorrow and close on Thursday.
I took great joy this afternoon putting together this gift basket. In addition to a couple of plants, the Sunset Western Garden Book (our gardening "bible" here on the West Coast), a trowel, a hand rake and gardening gloves, I included a gift card to Home Depot, where I'm certain they'll be spending many a Saturday morning, making their home just the way they want it.
When they move in, they'll find some beverages and snacks in the refrigerator, and every month for the next year, they'll receive the current issue of Sunset Magazine.
It has been a blast putting this together with this particular client in mind. And it will be pure joy to hand them their keys on Thursday afternoon!