So, while we have been enjoying the (somewhat) sunny shores of Washington State that does not mean that life back home stopped. We had originally sold the Waynesburg house to a couple that disappeared as quickly as they appeared. We've had that happen in the past -our record for selling one house is 5 times - but it's annoying when people decide to back out and then refuse to answer their phone. If they changed Thieu minds it's annoying but nothing is signed - but in the meantime we had turned two potential buyers away as this couple assured us they were approved for the loan and would be there Monday. Jerks.
So, as this silliness was going on our real estate agent had been showing us foreclosures and we have looked at probably 10 of them, with her and on our own. If we see one a lot of times we'll drive out to look at it first because if you think they lie about market value houses you have no clue what they do to sell a foreclosure. Some of them have trees growing in the living room, some are just so weird and off the grid you wonder how they got built in the first place, others are so water damaged there is no fixing them. And then we came across this house. It's way out of our flip budget but ....... it's perfect. For us. And our house that we live in now has literally doubled in value in the past 5 years. What's a girl to do!
We decided to have Candy sell our Waynesburg house - you know what, if you use a real estate it DOES cut into your profit. But you don't have to handle the contract, the showings, the inspections, etc...not to mention they have a client base looking for houses. So we put her to work and we had so many responses David showed the house too and it is under contract for real - for more money so it worked out. We then put an offer on the other house and it was accepted after a week of back and forth. But this will leave us VERY house poor as we still hold the mortgage on the house in Fairmont and there will be a point where we own four houses. Eek!
SO the game plan is this - we are hoping our little mortgage holder will get on the ball and get her own mortgage by this summer, we will be closing on the house we're selling on the same day that we close on the house we're buying so the only thing we'll feel is the breeze as the money rushes by us, THEN we'll be putting our house on the market as soon as David gets a few rooms live able in our new home. It's only about 25 minutes from where I'm living now but closer to work is closer to work and I'm really excited about it. The former owner left a picture of the house in it's glory days and we are looking forward to restoring it to it's original condition. It's a little scary and the thought of trucking all of our stuff from Point A to Point B again is not something I even want to think about - but really, this house I hope will be our opus.
No comments:
Post a Comment