Making an offer on a homestead tonight

carpevita · Postby **carpevita** » Thu Oct 15, 2015 12:08 pm

Wish us luck?!
My bff and I are going to conference call with the seller tonight, who wants us to buy her home, so we are at the start of negotiations.
Its a nice property----ten acres of mixed woods and fields, and a sprawling 20yo old home with plenty of room for us all--and potentially one or two more.
There is an adjacent forest of conserved land with lovely trails, the highway ramp is two miles away yet we're high above the valley floor with excellent views. The top of this hill has a ton of springs---so we have plenty of good water everywhere. I already know we'll need to work on the pond and swales as they've been installed but not cared for. (I am itching to learn to use a backhoe--maybe 'll be doin' the fixin' in the spring!)

So far its me, bff and her dh, and one other single friend. We'll all have our own separate living spaces and common areas too, so we're pretty dang pleased with ourselves.

I'm pretty excited, as this homestead gives me a place to feel 'at home' again, and my bff and I have dreamed and plotted for 20+ years to buy a place together--we are both finally in the right space and position to make it happen.
By January first I could be living there and by June first I hope to start my remodel---Boy do I LOVE to remodel!!!
I've chosen the 24x24 second story of the attached garage for my own, and there's a 14x10 adjoining space for a master bath/laundry for myself.
I am sad that Joe isn't here to see it, he would LOVE this place.

Postby **Chancellor** » Thu Oct 15, 2015 12:20 pm

Will this be in VT?

carpevita · Postby **carpevita** » Thu Oct 15, 2015 12:44 pm

Yup. I realized this summer that I want to be in Vermont nine months out of the year. January, February and March
is a big enough chunk of time to go teach English somewhere warm, so I am pleased about that.

When Joe was alive I was eager to explore the world with him, by myself has almost zero appeal atm.
Surrounded by loved ones in a sprawling farmhouse sounds like heaven to me now.

Postby **Chancellor** » Thu Oct 15, 2015 12:49 pm

Then that means you could make a DDBB get together in the Northeast?

carpevita · Postby **carpevita** » Thu Oct 15, 2015 1:04 pm

YES MA'AM!!!!!!
How far are you from the Ct/Ma/RI border?

PaulaO · Postby **PaulaO** » Thu Oct 15, 2015 1:09 pm

Sounds wonderful to be surrounded by friends, yet have your own living space. Jingles that everything proceeds smoothly.

CanadianTrotter · Postby **CanadianTrotter** » Thu Oct 15, 2015 1:57 pm

May all your dreams, ideas and wishes come true... you deserve all happiness.

KathyK · Postby **KathyK** » Thu Oct 15, 2015 2:13 pm

Chancellor wrote:Then that means you could make a DDBB get together in the Northeast?

Always thinking, eh Chancellor?

I hope it goes well tonight, Suz.

Crisscreek · Postby **Crisscreek** » Thu Oct 15, 2015 3:24 pm

Good luck! It sounds beautiful and very exciting!

Woost2 · Postby **Woost2** » Thu Oct 15, 2015 4:09 pm

Like like like!

Alex · Postby **Alex** » Thu Oct 15, 2015 4:30 pm

You're definitely going for the gusto! Congratulations... Sounds like you'll have great gardening conditions too w/all those springs. Best of luck on the conference call!

StraightForward · Postby **StraightForward** » Thu Oct 15, 2015 6:47 pm

Good luck, it sounds fantastic!

Valerie · Postby **Valerie** » Thu Oct 15, 2015 9:49 pm

Ooh- how far up are you going to be? We could carpool to Laurie's for a get-together!

clanter · Postby **clanter** » Fri Oct 16, 2015 12:11 am

Just a suggestion since this is going to be a mixed relationship purchase would it be wiser to make the purchase as a S Corp.... each of you could have shares of ownership with specific direction by the corporation on how the shares could be bought/sold/exchanged.... might be a way to sidestep some nasty court battle (thinking of heirs of each person's estate)

Might wish to look at how some condominiums are structured legally.

Have you consulted a real estate attorney?

Astral · Postby **Astral** » Fri Oct 16, 2015 12:17 am

Good luck!

M&M · Postby **M&M** » Fri Oct 16, 2015 1:03 am

Chancellor wrote:Then that means you could make a DDBB get together in the Northeast?

Like!!!!!!!

Rhianon · Postby **Rhianon** » Fri Oct 16, 2015 1:53 am

Woohoo! Looking forward to the pictures.

And, yes, set it up so that if one person wants out everybody doesn't have sell to come up with the money to buy the person out. Clanter's advice sounds good--but I'm no expert.

carpevita · Postby **carpevita** » Fri Oct 16, 2015 1:54 am

Well she liked our proposal very much and will run it by her attorney on Monday.
The timing is excellent for her, and if all goes well i'll be in by January first.
And thanks for thinking ahead, we are too and have been researching the legal structures which will be best for our particular situation. My attorney is pretty creative, as is hers, so we are in good hands.
There are many hurdles yet, so time will tell if this is the right place, but its a great start and we're pretty psyched.
Val i'll be even further north but we can meet somewhere and carpool if you like!

KathyK · Postby **KathyK** » Fri Oct 16, 2015 12:44 pm

This sounds like very good news. Let's hope the lawyers don't muck it up.

Tarlo Farm · Postby **Tarlo Farm** » Fri Oct 16, 2015 12:51 pm

Very interesting concept and plans, good luck!

Wicky · Postby **Wicky** » Fri Oct 16, 2015 2:15 pm

Good luck to you all!

Rhianon · Postby **Rhianon** » Fri Oct 16, 2015 4:04 pm

I've been reading about a lot of city folks in Vancouver (BC) sharing properties because of the high price of housing. Young families find it great for sharing childcare, for example. I'm such a grump, I can't imagine it. But generational sharing and mixed families has worked for centuries in other places, and it's working for these modern folks as well.

If anybody can do it, you can!

M&M · Postby **M&M** » Fri Oct 16, 2015 10:29 pm

Jingling!

Ganas · Postby **Ganas** » Fri Oct 16, 2015 11:09 pm

Jingles!

Hey, if that should fall through there's a wicked cute little place in my 'hood that has come up for sale. Has an indoor arena, outdoor arena, at least 15 stalls , carriage barns... and the house isn't too shabby.

https://m.youtube.com/watch?feature=you ... dS-Tm9zhhg

It was built by one of the founders of the American Morgan Horse Association.

KathyK · Postby **KathyK** » Fri Oct 16, 2015 11:25 pm

Or, this one in Virginia (starts with a V, so pretty much the same as Vermont)
http://www.thomasandtalbot.com/Property-Spring_Hill

clanter · Postby **clanter** » Fri Oct 16, 2015 11:30 pm

Ganas wrote:
It was built by one of the founders of the American Morgan Horse Association.

Elmer Darling, heir to the famous Fifth Avenue Hotel in New York City

Ganas · Postby **Ganas** » Fri Oct 16, 2015 11:48 pm

clanter wrote:
Elmer Darling, heir to the famous Fifth Avenue Hotel in New York City

Clanter for the win!
A neighbor's kid and friend put this together for school, a brief bio of Elmer.
https://youtu.be/6lQlY-p8seI

Dapple Field · Postby **Dapple Field** » Sat Oct 17, 2015 1:29 am

The Darling barn is absolutely BEAUTIFUL! So, would Orcland don Darlling or any of the Darling Crest morgans be from Elmer Darling?

Ganas · Postby **Ganas** » Sat Oct 17, 2015 5:58 am

Dapple Field wrote:The Darling barn is absolutely BEAUTIFUL! So, would Orcland don Darlling or any of the Darling Crest morgans be from Elmer Darling?

I don't know the names of all of the stock that Elmer had, but they were pretty influential on the breed and so far back that I think you'll find them in a lot of pedigrees, including Orcland Don Darling, but AFAIK there is no direct line of Darling morgans. And of course there have been many barn owners since- for a while the mansion served as a dormitory for the college and the indoor arena was a skating rink. I first worked there as a kid back in the 80's when it was owned by a lawyer, the stallion I rode was Applevale Monarch so I have a fondness for that bloodline.

clanter · Postby **clanter** » Sat Oct 17, 2015 10:23 am

this kind of runs off course quite a bite but:

Shamrock Foxie Joy's great grandmother was sired by ORCLAND VIGILDON who sired by Ulendon who was Orcland Don Darling's sire also....

http://www.allbreedpedigree.com/index.p ... _font=1&l=

Orcland Don Darling
Ulendon X Anna Darling

photo link to Don Darling:
http://www.welcomeranch.com/oddarling.html

Orcland Leader, Orcland Vigildon, Orcland Vigileen where better received than Orcland Don Darling as they were considered the results of a "golden crossbred" based on the Government Stock

The great black horse Ulendon was, of course, sired by Ulysses and out of Dr. Wallace Orcutt’s mare Allenda. Ulendon and Vigilda Burkland, bred and owned by Frank Orcutt, provided another golden cross producing Orcland Leader, Orcland Vigildon, Vigilda Jane, Orcland Vigileen,and Vigilendon.

https://www.morganhorse.com/upload/phot ... Family.pdf

carpevita · Postby **carpevita** » Sat Oct 17, 2015 11:12 am

That IS a gorgeous place, but alas Burke is just too far us.
I owned a Morgan 30 years ago, she was of the Applevale line too.
There are lots and lots around here for sure!

We are beyond thrilled, the seller is thrilled, its all too much fun!

M&M · Postby **M&M** » Sat Oct 17, 2015 3:28 pm

OMG, Clanter! When I was little, my then BFF's father used to take us to the nearby Morgan farm, and they had Orcland Vigildon!!!! They used to bring him out and park him, just for us two little girls!

And now back to Carpevita's thread!

Josette · Postby **Josette** » Sun Oct 18, 2015 11:25 am

This sounds like a grand plan for you! Hope it all works out before the snows come.

ThursdayNext · Postby **ThursdayNext** » Sun Oct 18, 2015 11:49 pm

Excellent! CV, you've been wanting to do this *forever*! So glad you've working with a great seller, and the plan is coming together well. Love that you're looking forward to remodeling.

carpevita · Postby **carpevita** » Mon Oct 19, 2015 11:27 am

OMG Alex the gardens are to die for.
There are large groups of plantings which are massively overgrown---the wisteria is about to pull down its arbor its so big.
The peonies are at least 3ft around, and there are several varieties of willows, pines, cedars and I think junipers. She designed some secret gardens too, hidden behind giant trees and bushes.
I cannot wait to see the seller's garden plan so we can identify what we've got. At this point my greatest fear is losing some mature plants to indiscriminate hacking, so I have made it a point to not allow any work on the gardens until we know for sure what we've got growing.
We also want a small orchard, so we are researching heritage apples, cherries, pears and even peaches if possible.

Alex wrote:You're definitely going for the gusto! Congratulations... Sounds like you'll have great gardening conditions too w/all those springs. Best of luck on the conference call!

carpevita · Postby **carpevita** » Mon Oct 19, 2015 11:28 am

Thanks Thursday-how lovely to see you here!

M&M · Postby **M&M** » Wed Oct 21, 2015 1:24 am

What happens next? (And I'm sorry for helping take this thread off course!)

Ganas · Postby **Ganas** » Wed Oct 21, 2015 1:49 am

No pics yet?

For apples I'd recommend a Wealthy, with the warning that they ripen a bit late and taste starchy until they do, but once thy ripen they beat a Mac or Cortland or Empire. Very cold hardy.

carpevita · Postby **carpevita** » Wed Oct 21, 2015 9:33 am

Things are progressing, the seller has found a new home already and her offer has been accepted.
Looks like i'll be moving in by January first ---and as Joe died on Thanksgiving Day, I am SO glad to have something to prepare for and to keep my mind busy over the next ten weeks. And it may seem dumb, but I think he approves and would like this house and the living arrangements.
I've decided to move into the 'cottage' , which is an attached ranch style apartment with a nice patio out back. Its not perfect, but it will do until the mortgage is paid off and I've saved some money for the remodel. I know I need to live there for a couple of years at least anyway, to know the winds and sun and other patterns of living there.
And we're talking about getting an architect to assist with overall remodel and design and flow etc. for down the road.

Pictures as soon as I can figure it out, I promise!

Wicky · Postby **Wicky** » Wed Oct 21, 2015 9:47 am

Congrats!!!!

Josette · Postby **Josette** » Wed Oct 21, 2015 10:40 am

Congratulations!! This is exciting for you all and looking forward to the pics!

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