Friday, May 25, 2012
Houses: Last One I Swear!
The Realtor never got over being speechless and eventually told me that he hadn't even told his wife yet and that he would do so and get back to us. That evening he did get back and counter offered only $7k more than we offered. I told him we would think about it and get back to him on Monday, two days later. Monday morning when I called he immediately dropped the price another $4k before I ever spoke a word and if you are tallying up, only $3k more than we offered and still well under what we thought the house was worth. I knew we had a deal and it was just a matter of getting the thing done.
My wife was heading out of town for a couple weeks to study for her board exam so wouldn't be able to get back down in a timely manner. So I ended up going for a second visit myself and doing a lot of video taping and photographing the place. The second visit, being fresh and not having numbed our brains ahead of time by looking at a handful of other places we weren't interested in, was much different and for the better. Most of the things I had negative impressions on from the first quick visit actually was a lot better than I had remembered. The roof that needed replaced was actually quite new. The siding though showing its age was still good to go for a few years anyway (The posts are all rotten on the outside and need replaced) and there were little features here and there that I hadn't remembered. By the time I finished inspecting, I was feeling really good about this place as an investment.
I sat down on the couch and chatted with the Realtor about why he was moving. He confessed that although he loved the place, his wife never had and with five kids and now a grandchild (belonging to one of his high school aged daughters) to look after, they had outgrown the house. I mentioned a couple clauses that I wanted in our contract, the chief one to make sure that the house appraised for more than our price to insure that I wasn't screwed in the investment right from the get go and the Realtor agreed to them all. We shook hands and promised to sign a contract the following day. We did and now I am on the hook for another place.
For me that was the hard part, spending a large chunk of money, larger than any other chunk of money I have ever spent. Now all we have to do is close towards the latter part of July and move. Add that to my wife graduating, starting a new job, a couple more big changes in our life to be written about in the future and it is going to be a busy second half to this year. But I am looking forward to it all, especially the moving to a new-to-me house. I enjoy carving out a home and getting everything up to snuff and I will have a lot of that ahead. If nothing else, it will provide a lot more fodder for this blog to keep it running for another year or perhaps longer.
To the future!