Friday, July 17, 2009

Surprise appraisal

So, on Wednesday morning, I got an email from the lender letting me know the name and phone number of our appraiser so I could call to find out when he was going to be going to the house for his appraisal/inspection. I didn't hear from him but was expecting it to be next week. Well a few hours later, my real estate agent called me and said that he was on the way over to the house! Sooo...I called Danny and luckily both of us were able to leave work and head right over. And we are so glad we did. It allowed us to see first hand the repairs that will need to be done.


Most are not major, some peeling paint (the house was built in 1930 so it's assumed to be lead based) that will need to be scrapped and repainted. A glass pane or two to be replaced, some caulking, sash cords to be repaired (just learned what those are!), replacement of hot water heater (no biggie-to be expected)...all of this we can do ourselves or within our lovely little network of skilled tradesman :)

However, there is the whole well and septic thing. We were hoping it would slide right through, but alas, the appraiser noted it. The distance between the existing well and suspected area of the septic tank/drain field is too close to meet the lender requirements. So....we have to have a new well dug before closing. We were expecting this might be the case and have gotten an estimate to do it, so that's the next step. We're waiting to hear back on the appraisal value before preceeding, and hopefully that will be in next week.

So, along we plug in this whole home-owning process. Everything still seems on track for Sept. 1st...


And just for good measure, here's a cute pic of Brownie. Side note: he has been suffering from major allegeries and has been scratching so badly, he has a bald spot and is on Benadryl--poor little boy.

Tuesday, July 14, 2009

49 days....

We are now currently 49 days away from our closing date for the house. We have our home inspection on Monday, and hopefully the appraisal next week as well.
We went over to the house today to take some pictures and get some measurements, as well as take a look around again and take note of things we might have previously missed.
Although the house does need work and updating, we're definitely going in with our eyes open and know what we're getting into and we really couldn't be happier. Going by there today made we want to move in soon and start making it our place. The first thing we plan to do is build a fenced in area for the dogs.

Here is a picture of the house...


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Those bushes need a good trim and that awning needs to go, but we love it.




Thursday, July 9, 2009

Sooo...the sellers have FINALLY signed the contract on the house. YAY!

Since our agent has been out of town since Monday, we are meeting with her tomorrow night after she gets back into town to sign the offer and get moving on getting the house ready to close..i.e. inspections, appraisals, etc.

Still keeping my fingers crossed and my hopes in check....don't want to get too excited yet.