Monday, January 29, 2007

We won!

We finally got a bid accepted! We have to get a home inspection, secure a mortgage, and get an appraisal (so the bank will give us the $), then the real work begins at the end of February when we close.

It looks like a lovely place, but it needs a lot of work. On the plus side is it's 1600 square feet, has oak floors, windows, and trim throughout, and a relatively big yard (it's very long). Plus it was 1/3 cheaper than any other house we considered. On the down side, it needs 3 times more work than any other house we considered. My favorite thing is the auditor's site listed the date the house was built as "old."

Before we move in we have to remodel the kitchen and bathroom. Re-model isn't really the right word, because it needs all of the basics except for cabinets - broken bathtub, no stove, no fridge, nasty toilet...

There is a weird stairway up to the attic, which I can only describe as backwards. The bottom of the stairs run into a wall at the end of a short narrow hall, so you can't really get anything up them. We need to move the stairs in order to finish the attic someday. The stairs are next to the bathroom, so we might as well do that immediately so we can expand the bathroom when we fix it up the first time.

After all that is done we need to move in and paint, buy lights, furniture, repair and refinish the floors. That's where we run out of money. Eventually we will finish the 400 square foot attic, expand the 1 car garage, landscape, build a bigger deck, refinish all of the wood inside and probably 100 other things.

I'll post "before" photos soon. You really don't want to see it now as the seller has a bit of work to do before it meets our contract. The ceilings are falling down, walls are getting plastered, there are piles of clothes and furniture in the attic from the previous owner he has to remove (don't ask me how in the world they got furniture in the attic with the weird stairs). There was so much clothing and other stuff in there, the current owner brought in a snow shovel to push it out the door.

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