Waiting and some more waiting...mind you we could be expecting to much to soon...some facts about exchange rates and money for today's date -
£1.00 = $2.72 (16/1/2009)
£1.00 = Euro 1.12 (16/1/2009)
£1.00 = US $1.49 (16/1/2009)
£130,000 Highest House value - $353,805.00
£110,000 lowest house value - $299,495.00
Now this is important stuff as it will determine if we sell or not, if it takes along time to sell that may not be the worst problem as long as we get a fair price when it does sell.
We haven't worked out what we owe on the house yet but being realistic we would probably end up with about £70,000 in our hand after all bills paid. This is $190,500 at today's rates. Meaning that we would get a small mortgage between us in NZ for approximately $100,000 split between two of us which equals £36,800 divided by two £18,000 each....over however long.
Allowing us to buy a $300,000....well that's the plan anyway which I'm sure will backfires at some point. Thing is were not looking to equal what we have here really, were going for the rustic-ness of it all, we don't want all the trimmings and flash kitchen, we want to get into growing our own food and being more at one with the imediate world around us..and so the exact quality of the house we end up in will be in relation to those ideals, it wont in my view have to be stunning or spic and span but authentic to our needs...our new needs.
That's all for now.
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You should be able to get a nice shed from the NZ equivalent of B&Q for your cash ;-) Am enjoying the read and looking forward to the stories when you arrive there.
ReplyDeletei didnt know you were reading this stuff, it could be a few months before it gets serious..but nice to have you on board, and to be fair the only reason your wtching is cause you wanna come too....the north island mate has some ofthe worlds best MTB courses...Rotora its called..have a look.
ReplyDeleteCheers.