For those of you who may not know I have been trying to find a house to buy for the last 6 or 7 months. I am doing this because I don't want to throw money away in rent and it is time I move back out of my parents house. At first I tried partnering up with close friends so that we would have had more options in buying. After that failed twice I decided to go on my own. This meant I would have to look for a much less expensive house and would limit my options quite a bit. So for the last 2-3 months I have been looking for a cheap house.
Well, I found one. I actually found a few and only put an offer on two places. One was a 3 bedroom 2 bath condo being shortsold for $30K less than its worth. I put an offer on that one, then someone put an offer on it for $15K more, then the owner decided they were going to move back in and keep making the payments somehow. So that one didn't work out.
The next one was a house in West Valley by the Valley Fair Mall about 2 minutes from my work and about one minute from the freeway. It was a red brick house, 3 bedroom, on bath with a 3 car garage. We found out there were no offers so my realtor and I made up an offer and submitted it. When our offer went in two other people submitted offers as well. So we did a slightly better offer once we found that out and submitted it. It was a couple of tense days but I got a call on Friday and they accepted my offer!!
So it will be about two and a half weeks before we close on the deal but I am excited. I know there are risks and I know this is a big decision but I know what I am getting into. I already have a couple of friends who I will be renting the other two rooms to. I am looking forward to doing repairs on the house as well. It doesn't need a ton of work but I am going to be painting and sanding down the wood floors and refinishing them. The previous owner started making an addition on to the garage which needs siding on the outside to finish. Anyway, I am excited. I am a little nervous but more excited.
I will put up the before pictures in a couple of weeks and the after(i have made some repairs) pictures hopefully in about a year. Fun times!
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I am excited for you. I wish I was there to see it and help you. I have an HGTV software that you can put in pictures and change things around. Like see what colors would look good on the walls and where to put furniture. If you don't have it all remodeled by the time I come you can use it to see what you want to do. I can't wait to see pictures. Love you.
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