Insurance is paid, floor should be done Wednesday as well as follow-up appraisal. Closing tomorrow afternoon. How am I ever going to kill the next two days waiting? This is worst than any Christmas ever. With the luck I’ve had so far, the floor won’t pass the appraisal and the closing will be pushed back. At which time I will pitch the largest fit ever seen by mankind.
Don’t pay attention to my last post; I was freaking out because I was having a hard time lining up my insurance. But I got it done. There are some things I’m going to have to do in a different order than I originally planned as far as big expenditures go, and some things will have to be fixed sooner than others. But when looking at my budget, and pricing some of the work with online pricing guides, I think it will go well. I think by the end of 2002, I’m going to have one kick ass place to live.
The sewer line is done, the floor’s getting done, the insurance is lined up; as long as the appraiser approves the work that’s been done, I’m set.
Really, why does this have to be so hard? If it’s not one thing, it’s another, and the problems just keep multiplying and pushing back any resolution. No wonder I never tried to buy a house before now. And honestly, I wouldn’t recommend the idea to anyone else. If I hadn’t made such a commitment of time and money to this project, I’d certainly be backing out. I’m buying a big fat money pit and waste of time.
Everything seems to be falling apart at the last minute. The insurance agent I lined up suddenly came back with a price that’s twice what she originally quoted to me, so I have to scramble to get another insurance agent before next week. Also, the appraiser is asking for the owner to fix part of the floor in the dining room, and the contractor who’s supposed to be fixing the sewer line is suddenly MIA with the job half done (he was supposed to finish yesterday at the latest).
The owner’s willing to do the floor, but thinks he can’t get it done by Wednesday of next week, which means we might have to slide the closing date, which I really can’t do, because then I won’t have time to move before I have to be out of the house I’m renting.
So my close date on the new house is probably January 23rd, which seems like forever but is only nine days away. Very cool! The appraisal’s done, so I just have to find out how much it is, and get the insurance paid for, and everything is pretty much set.
So my loan is approved. The inspection today was good, and unless something unexpected comes up, it looks like everything’s a go on the house. I just have to get the insurance set up, the sewer line fixed, and the appraisal done. If all goes well, I might get to close early. Very cool.
We found a good quote on the sewer line, so that’s one hurdle out of the way, now I’m just waiting on the loan stuff. I’m going for a different kind of loan to make the house a bit easier to get, but the loan itself is tougher to qualify for than the other loan I was approved for. So I’ll know next week whether I’m approved or not. I have a good feeling about it. I feel like it might actually work this time.
Also, I set up an inspection on Tuesday morning, so I’ll have a complete idea of what needs to be fixed in the house, too, and I’ll be able to take photos while I’m there with the inspector. The owner also replaced the window that was out, so the house is getting more complete. Cool.
This doesn’t stop me from driving by at every opportunity, though. 🙂 Good thing the house can’t call and report me for stalking. Don’t worry; I’m not trespassing on the property, just parking in the street out front. Don’t want to get in that much trouble.
Other people buy houses and don’t make this much fuss over it, don’t they? But I can’t help it; I’m obsessed.
It’s going to be tricky, if everything works out. I’ll have less than a month to move, and I’m hoping to have all the fugly carpet and vinyl floor coverings ripped out and the floors sanded before I move in. I may not have time to get then refinished, and scramble to move at the same time, and get the current residence cleaned and fixed up.
Okay, so I have an accepted offer. 🙂
Unfortunately, we’re not out of the woods yet. I have to find someone to fix a cracked sewer line for less than $2,500, and I have to hope to god my loan stuff goes through. Otherwise, I’m screwed again. I just wish I were having fun getting screwed.
But, hey, I’m closer to getting a house than I have been before…. we’ll see.
So… once again I’m at that crucial point where I have an offer on the table and things aren’t going well. In this case, the seller isn’t willing to give anything in the negotiations at all, and I’m basically walking in screwed from the start. Looks like I’m going to lose another one, which will be the fifth offer that falls through, and the eighth house I’ve tried for and gotten screwed on (three that people paid cash before I even had the ability to make an offer).
So… I’ll probably end up building, and again paying way more than I should have to for much less house than I need to get. And who knows what I’ll end up paying in rent while I’m trying to get the house built.
So, I saw the house and took photos and made an offer on it. I’m not going to put any of the photos on the site yet, because every time I do that, I find out I’m not getting the house. This time I’m waiting until I know more, which may be awhile. In the meantime, I’m going to enjoy the holidays. The annual dinner/white elephant gift exchange at Buca Di Beppo’s is tonight. I’ve got a great thing to give away, (no hints until it’s over) so it should be fun.
This was the house. I did not get it. It sold to some investors for $40,000 and the flipped it for $250,000. Then the new owners got into trouble and it sat empty for a long time. I believe it may be a rental.