Wow! I have neglected blogging for a spell. So a quick update is due.
Did not get the house. I backed out and lost the money from the binder and the home inspection, but looking back I have zero regrets. Plus everyone here says I would have been a fool to buy with the housing market as bad as it is here.
I ended up renting and it works out much cheaper. I am still getting use to and settled into the area. I will be here two to three years and I am hoping that goes by very quickly! I am not so much loving the area, but I am giving it the chance to grow on me.
I plan to get out this weekend and take tons of photos to post here and to send home. So I will update more when I have the pics and the additional time on my hands.
Wednesday, March 9, 2011
Sunday, January 9, 2011
doubt
The offer sheet has been signed,but now doubt has crept into my head. I keep think about how much money the home costs and how big the monthly payment. Making the payment and the current bills I have willnot leave a whole lot left over for fun and finding trouble.
I paid off allof my credit cards and the only bills that remain are a student loan, cell phone, car insurance and with the new house it will add electricty, cable, internet and food. I am just worried.
I paid off allof my credit cards and the only bills that remain are a student loan, cell phone, car insurance and with the new house it will add electricty, cable, internet and food. I am just worried.
finally
Back and forth! Over and over! On and on! Bid and counter,then bid again and a whole lot of waiting. Finally, yesterday we reached an agreement on a home in MS. We were right on the brink of renting and then the realtor worked on the sellers to both educate and guide them into seeing the light.
Next comes the scrambling to secure a mortgage, home inspection and the numerous hoops that must be jumped through until we close. did i mention that I am going to miss all of it. Yup, i am away for the next 5 weeks and I have left that task in the hands of my POA.
It is scary leaving that much responsibility in the hands of another, but I did not have the choice. I had a deadline and the sellers dragged their old feet every step of the way. In the end we got a very fair deal, but it is an awful lot of money! More than I ever imagined spending on a home.
The home is in a very upscale neighborhood and it immaculate in every way possible. i am excited about taking residence in a real adult neighborhood. The last home was in an area described as Bohemian. The new home is nestled in a community where there are sculpted lawns, river access and the home backs up to a nature reserve. So like nothing I have ever lived in.
Next comes the scrambling to secure a mortgage, home inspection and the numerous hoops that must be jumped through until we close. did i mention that I am going to miss all of it. Yup, i am away for the next 5 weeks and I have left that task in the hands of my POA.
It is scary leaving that much responsibility in the hands of another, but I did not have the choice. I had a deadline and the sellers dragged their old feet every step of the way. In the end we got a very fair deal, but it is an awful lot of money! More than I ever imagined spending on a home.
The home is in a very upscale neighborhood and it immaculate in every way possible. i am excited about taking residence in a real adult neighborhood. The last home was in an area described as Bohemian. The new home is nestled in a community where there are sculpted lawns, river access and the home backs up to a nature reserve. So like nothing I have ever lived in.
Thursday, January 6, 2011
on the prowl
A few days passed once the PA home sold and now time to focus on the purchase of the new home.
We knew the exact home we wanted and made a bid. The sellers countered and we countered that with no response. Apparantly, they sellers are stuck on a number and do not want to budge. They want to play hardball. Well, we made the next offer and told the agent if we do not hear back by that evening we are moving on to home number two. Letting them know we still have interest, but a few days for them to think about it may soften their stance.
On to house number two on the list. The home if four houses down from choice number one. This home has a few issues. The roof is old and needs replaced, the floorings all need replaced, the yard needs fencing and the kitchen requires a complete overhaul. Amazing as the home is only 13 years old, but looks as though old people lived there and did nothing to update the home. Seriously, the kitchen needs ripped apart. Taking all that into consideration we made the bid.
Mind you the home is listed at top dollar for the area. Our bid was 60K below asking and our agent stated she did not think there was a chance in hell the buyer would accept and the day passed without a response.
So, it looks like we move on to house number three, however, I am not feeling it. I think more and more I am considering renting a home over purchasing one. The market is crappy and these sellers have grand ideas of the value of their homes. If we do not come to an agreement by Saturday - we will be renters.
We knew the exact home we wanted and made a bid. The sellers countered and we countered that with no response. Apparantly, they sellers are stuck on a number and do not want to budge. They want to play hardball. Well, we made the next offer and told the agent if we do not hear back by that evening we are moving on to home number two. Letting them know we still have interest, but a few days for them to think about it may soften their stance.
On to house number two on the list. The home if four houses down from choice number one. This home has a few issues. The roof is old and needs replaced, the floorings all need replaced, the yard needs fencing and the kitchen requires a complete overhaul. Amazing as the home is only 13 years old, but looks as though old people lived there and did nothing to update the home. Seriously, the kitchen needs ripped apart. Taking all that into consideration we made the bid.
Mind you the home is listed at top dollar for the area. Our bid was 60K below asking and our agent stated she did not think there was a chance in hell the buyer would accept and the day passed without a response.
So, it looks like we move on to house number three, however, I am not feeling it. I think more and more I am considering renting a home over purchasing one. The market is crappy and these sellers have grand ideas of the value of their homes. If we do not come to an agreement by Saturday - we will be renters.
Friday, December 31, 2010
Homeless and Happy....
The final day took a whole lot of fussing and threats and drama - always drama. However, in the end the house closed! The funding arrived the very next day and now it is time to exhale.
The stress-filled day found me drinking one or maybe eight too many sam adams and I was very well lit when the final information came around. I should never be allowed to talk on the phone, text or email when I am shit-faced. I sent an overly exuberent email to the new agent (where I am buying). Whew!
So I am now homeless with a fat bank account - too bad that all must soon change. I am paying off every bill I have and find the next place to live.
My goal (when I decided to leave Pittsburgh) was to change things up a bit. Down size the home, change my way of life and follow a different path. I am on my way!
The stress-filled day found me drinking one or maybe eight too many sam adams and I was very well lit when the final information came around. I should never be allowed to talk on the phone, text or email when I am shit-faced. I sent an overly exuberent email to the new agent (where I am buying). Whew!
So I am now homeless with a fat bank account - too bad that all must soon change. I am paying off every bill I have and find the next place to live.
My goal (when I decided to leave Pittsburgh) was to change things up a bit. Down size the home, change my way of life and follow a different path. I am on my way!
Wednesday, December 29, 2010
Enough
The house is going to be the death of me. I have writen about the long process of selling the home in PA. The horrible inspection, the money for the repairs, the incorrect appraisal and so on. It has been one delay after another that has included a realtor who is not doing her job.
The original closing date was to be 11/30 and then we extended twice. The buyers had their walk through last week and we were set to close finally. The get a call this morning and it seems the buyers did a second walk through last night and want more money set into excrow because they fear there was some moisture in the roof following the recent snow.
First, we were never informed regarding another walk through and were not given the opportunity for our agent to be present and second it is something else. So, I have had it. I told our agent and broker it closes today or we pull the home from the market! I have had enough!
The main problem is that we are selling a 100 year old home to first time home buyers and they expect it to be in brand new condition. I am so tired of all the excuses, jumping trough hoops and delays. I tempted to shut it down now, but I am giving them one last opportunity to put up or shut up!
I can affort to carry the home for as long as it takes. Hell, I carried the Florida home 3.5 years until it finally sold.
The broker phoned and tried to drone on about the market and whatever, but I don't care. I have had enough of we are closing but we want this and that and why not this too.
They have until 1700 and I expressed if we do not close I want the signs off my house and my keys returned.
The original closing date was to be 11/30 and then we extended twice. The buyers had their walk through last week and we were set to close finally. The get a call this morning and it seems the buyers did a second walk through last night and want more money set into excrow because they fear there was some moisture in the roof following the recent snow.
First, we were never informed regarding another walk through and were not given the opportunity for our agent to be present and second it is something else. So, I have had it. I told our agent and broker it closes today or we pull the home from the market! I have had enough!
The main problem is that we are selling a 100 year old home to first time home buyers and they expect it to be in brand new condition. I am so tired of all the excuses, jumping trough hoops and delays. I tempted to shut it down now, but I am giving them one last opportunity to put up or shut up!
I can affort to carry the home for as long as it takes. Hell, I carried the Florida home 3.5 years until it finally sold.
The broker phoned and tried to drone on about the market and whatever, but I don't care. I have had enough of we are closing but we want this and that and why not this too.
They have until 1700 and I expressed if we do not close I want the signs off my house and my keys returned.
Tuesday, December 14, 2010
The Redneck Rivera
Here we are in Biloxi, MS. You know I had actually forgotten what it was like to be among the rednecks! This will take a bit of an adjustment.
House shopping is going and a not so good pace. I cannot find much in the areas I want to be. Today, we have a few more homes and will be taking a second look at two we saw yesterday and then we head off tomorrow.
House shopping is going and a not so good pace. I cannot find much in the areas I want to be. Today, we have a few more homes and will be taking a second look at two we saw yesterday and then we head off tomorrow.
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