Houses

[jbmcdragon]

Hi!

As some of you know, I've been trying to buy a house for the last year and a half. Loan laws pertaining to those who are self employed, while understandable, are not helpful. Well, two days ago I got approved for a loan of $300k, which MASSIVELY opened up my options!

On Sunday, I go see this house:

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Comments

[konrai]

It looks like a great place and as someone who graduated from Mt DIable High I know the area or at least as it was when I moved in 1990:) I loved living there. Hope it works out for you.

[maureenans]

Good luck!!!

you can have fun with that house it looks like (just be really careful with the water damage stuff)

[rurounitriv]

Whatever you do, don't let your emotions override your common sense to the point of waiving your inspection contingency - it can save your ass. It can also give you the ability to get a seller to knock their price down and get things fixed yourself!

Water damage is a red flag. Another thing to take a good close look at is the state of that exterior, looks like it had vines growing on it, and that can damage the exterior. Another couple of things to keep in mind: a house from the early 1900s is not going to be wired with the power demands of modern life in mind, and you'll definitely need someone to check that over and make sure it's safe. The other thing is that most of the time these homes have little to no insulation, and what they do have is likely to be flammable as hell or asbestos.

On the plus side, it's not showing particularly well, and a lot of people will be scared off by the amount of work implied by those floors and the exterior.

Good luck!