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Posts tagged with: estate sale

Peeking in to say Hello!

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After a whirlwind trip to Utah (one full day up; one full day back; only 2 days there), I’m back in Tucson and back at work.

I am eternally grateful that all of these issues are popping up during summer when I have a pretty flexible schedule. Even so, it’s been tough to keep up with work, as I missed 3 days the first week of June (for my grandmother’s funeral), had one solid week back at work, then missed another 3 days last week for my Dad’s house clear out. This week is also a short week, as my Mom flies in on Thursday to help celebrate the girls’ 4th birthday with us this weekend. I’m still treading water, but just barely.

Also, hubs just received word this morning that his grandfather has passed away (if you read this post, you know that this was expected as his grandfather has been on hospice and not doing well). Fortunately (if you can even call these things “fortunate”???), his grandfather specifically requested to be cremated and have no funeral. His only wish was to have his ashes spread on his family land out in Luling, Texas. My husband plans to go back to Texas to be with his mom at that time, but it will be awhile. Basically, my mother-in-law is in the process of buying a home right now (her closing date is set on July 15), and she wants to wait until she’s closed on the house to spread the ashes because she wants my husband to do some flooring work in her new house (remember, hubs is a flooring contractor), and it just makes his life easier to make one trip (for the ashes AND floors at same time) rather than having to make multiple/separate trips. It’s a bit unconventional, but mom-in-law was an only child so there’s no one opposing the plan and it’s what works best for her so I guess that will be happening in about a month. We haven’t decided yet for sure, but I believe the girls and I will stay in Tucson at that time (of course, the family makes a plea for us to go back any chance we get, but – well, work. Like, that thing that pays our bills and keeps a roof over our heads. So, yeah.)

The passing of hubs’ grandfather does have a (very) small monetary benefit to us. He wrote in his will that each of the grandchildren should receive $1,000 from his estate. Hey, every little bit helps, right?

For those who asked about the estate sale, let me give a super quick update.

Basically, it went “okay.” I was so terrified of a potentially huge turnout that I didn’t advertise widely. I only put it on a single Facebook yard sale site (with 3500 members) and advertised it as being Thursday night and Friday morning. I was able to have a friend babysit the girls on Thursday night, but it was for naught, as only 4 people came that evening. On Friday I was able to convince a cousin to come help us in exchange for some free goods (being that EVERYTHING that didn’t sell was literally going to be thrown away or donated anyway). All day Friday was pretty steady (from 7am-9pm), but it was never crazy. As the day wore on I kept posting reductions in prices on items, etc. By the end of the day we’d barely made $600. To be fair, a lot of the big/pricey items had been moved when my Dad moved, but this low number also reflects the fact that we were practically giving items away (again – we didn’t have the luxury of time on our side, so we couldn’t be choosy or hold out for better offers).

That being said, by 4pm on Friday we were still overwhelmed with the amount of items still laying around. We ended up calling a local company (Everything Goez) and paid them $500 to clear all the remaining property items. So in the end we had made just a teeny tiny profit of about $100. Next-to-nothing.

That being said, the #1 objective of our trip to Utah was to clear out the property. When I got there and realized how much remained, I was worried about what would happen. My sister and I were on the phone a lot and talking about additional trips, etc. I didn’t feel good about that (plus don’t have time for extra trips and more time off work), so in the end I thought this was the best possible solution. My siblings aren’t thrilled with the lack of money made at the estate sale, but I think we all realize that the alternative would have been even more costly (again, given the time off work, additional travel expenses, and longer time that this house is sitting vacant and costing us money). So in the end, paying to have the place cleared was the right move for us. I went with one goal (= clear out property), and I accomplished that goal (albeit, only by paying people to help us).

The house, garage, and yard are all now completely empty and ready for a professional cleaning and to be placed on the market. I met with a property management company while in town and got some pretty bad news about rental prices. I’ve since then called to get another quote (actually 3 in total), and it looks like we might not be able to make as much from renting as we’d originally thought. That means (fingers crossed), I may be able to talk the siblings into just selling the property, as I’ve wanted from the beginning. There’s not a lot of equity in the property, but enough that we wouldn’t lose any money. Plus, I literally had 3 separate groups of people offer to buy the house while they were going through and looking at items to purchase. One family (across-the-street neighbors) offered to pay cash with a quick close. We have a sibling conference call planned this week so we’ll see what happens (for newer readers, my brother & sister are both proponents of keeping it as a rental. I’m the only one in favor of selling, but I respect the majority vote so there are no hard feelings one way or another. I just don’t want to deal with this out-of-state property anymore).

So that’s about it. I have to apologize for my lack of numbers posts lately. I’ve still had it in the back of my mind that I need to do a budget update from last month (May), but by the time I have a chance to write it we’ll likely be ready for a June budget update. With all the balls I’m juggling I just have to do what I can and that may mean a missed numbers post here or there.

That being said, June should be a good month for us. My full-time job paycheck is higher because I have fewer deductions (I work at a university where most are on 9-month contracts, so during the Spring semester the deductions are higher to account for summer months. But since I’m actually working over the summer, too, I get my full without those deductions since they were essentially “pre-paid”). My part-time job paycheck is higher, too (since I only get paid in 2 lump sums:  June and July. Though that means I get no paycheck at all in May or August).

I’ve really got to get our emergency fund back up after raiding it last month (which I mention here), coupled with the fact that we were hoping to buy a house soon! For those wondering, we haven’t even started looking yet! With all the health crises and emergencies we’ve been experiencing, we’ve talked about the possibility of pushing our house hunt back into the Fall (we’d always planned to start hunting this summer). We could start in late summer, though, so that’s a possibility too. We’ve got to save more for our downpayment and need to get a bit beefier safety net (in terms of the EF). So that’s what’s going on with that. I’m still searching Zillow all the time and grabbing flyers from desirable areas whenever I see them – just for reference (and for fun). But no official looking yet. I’ll keep you posted on that.

I hope you all have a great week! Talk to you soon!

 


My First Estate Sale – HELP ME!!!

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Hi guys!

I gotta pop in for a super quick post today because stuff is crazy right now!

My family (hubs, me, and the 4-year-old twins) drove up to Utah on Wednesday. We usually split the 12-hour drive into 2 days but pushed through and did the whole thing in one day.

The purpose of our trip was to finish clearing out my Dad’s house. I came here in November when my Dad officially moved, but he’d used a POD and a lot of stuff got left behind. My brother came back with my Dad again a couple months ago and, from all reports, the house was nearly ready to go. There were still a few boxes of paperwork and miscellaneous odds and ends. The big things were that there are still 2 vehicles here. Those were my marching orders.

SOOOOoooooo imagine my surprise when I get here and it seems like the house is still fully furnished. I mean…kitchen still has everything in it, there’s a full bedroom set,  lots of household and holiday decorations, multiple televisions, accent tables, garage is still fully stuffed, and on and on and on.

Guess how many days we’d planned to be here! Two. Yep. The plan was to get here Wednesday night (as we did), get a dumpster, and throw the remaining stuff out, then head back to Tucson early on Saturday (another 1-day trip).

But the overwhelming amount of items coupled with the fact that there are still so many items of VALUE meant that I couldn’t just throw stuff in the dumpster (which I’d called and had placed at the residence before getting to town). The only solution I could see was to have an estate sale.

Here’s the deal. I’ve never done an estate sale before. And I’ve now been warned by 2 separate people that these things can be brutal – people fighting each other for items, shoulder-to-shoulder people bustling throughout the house, etc. Just chaos. And remember….we’ve only got 2 adults to manage the situation (plus 2 toddlers to still watch and take care of!!!) Gulp!

To try to help things a bit, I decided to split the sale into 2 days. We’re prepping things today by separating items (we’ll take some things with us to Tucson so there’s a “not for sale” pile), shredding old documents with identifying information, and generally trying to organize things and sort through to see what’s here. I’ll also be taking care of some business things today (meeting with property management company, etc.). Then the first “preview sale” will be tonight from 5-8:30pm. The remaining items will be sold on Friday from 7am-gone. I posted to a local Facebook garage sale site, stating that all items are first come, first served and there are NO HOLDS!

I’m hoping that (1) the fact that the estate sale is being held on weekdays and (2) the fact that we’re splitting it into two days will help in reducing the craziness since we’ll likely have fewer people than we would on a Saturday. By Friday afternoon, everything will turn to FREE (with associated posting on the local Facebook site) and we’ll start trashing any remaining items in the dumpster.

Other tips or ideas? Are we absolutely insane for attempting to do this ourselves while we still have kids here? I’m really nervous about things getting wild! If they do, the plan is for me to stand at the front door (with kids playing in front yard), and hubs to be inside doing the negotiating about item prices. I’ll be paid on the way out (standing at the door ensures no one just walks away with items without paying).

I’ve literally NEVER done this before and this shiz is getting down TONIGHT so I could really use any helpful ideas or tips that you might have! Help meeeee!!!!

Thank you!