Wednesday, February 24, 2010

Adventures in First Time Homebuying: Part 7

So, so, so much has happened since my last "Adventures..." post!  Here is a brief update:
  • The house we originally put an offer in on didn't end up working out.  After the inspection, we found out there were some major structural problems with the house.  The money it would have cost to update the house would have put us way out of our price range.
  • We then found another house we loved, and looked at it the day after it went on the market.  We were all ready to put an offer in on it, but then found out that it had in fact sold that first day on the market.  We were very disappointed, but there wasn't anything we could do.
  • We have now found the house that really seems like it will be the one.  It is (or was) for sale by owner, which means we are able to eliminate all of the costs of the realtor.  It is being sold for way less that our original price range, which is always good!  The house sits on approximately 2 acres, and is very secluded (just what we wanted!).  The paperwork is being started today, and our inspection will hopefully be next week.  We know the owner of the house already, from prior circumstances, and he has been very helpful and easy to work with.  He is ready to move out ASAP, and says we can move in as soon as we are ready!
  • I have been stocking up on supplies for the house, such as laundry soap, paper towels, bathroom cleaner, sponges, etc.  Buying all of this at once is expensive!  But, its stuff we are going to need regardless of where or when we move, so I figured I might as well get a head start on it!
Well, that's it for now!  I will post more when I know more!