Wednesday, January 25, 2012

Making an offer...

Upon visiting the house a second time with our realtor, we have decided to make an offer! The general feeling of the house is inline with what we remembered from our first visit. The impression that it is a place that we can make our home held true. There are large and small projects that need to be done which is ok because we wanted to get into a place that we could put our stamp on and make it exactly what we want anyway.

We are excited to take this next step. Once we settle on a price (cross your fingers) we'll have an inspection done to ensure that our impressions of a well-maintained, outdated 40-year-old home are accurate.

....about a week later....

We were able to negotiate a price that works for us and the sellers. We have our house! The price ended up coming in around 90% of the asking price, which we are happy with. Our realtor did a great job walking us through the negotiations and I think we came out with a great deal! We negotiated a March 2nd closing date with immediate possession which will give us a couple days to move before we have to give our keys to the new owners of our place.

Today Sky and I were both able to be at the house during the inspection to talk with the inspector and ask questions. Overall, he said he was impressed with the condition of the house. Other than a few minor things to keep an eye on, he said that the house is in really good shape. What a relief! Our realtor plans to go over the inspection report with us to talk through anything we want to ask the seller to repair.

It sounds like our next step is to solidify financing and decide which type of mortgage will meet our needs. February 1 is next week which will put us a month out from closing! That month will fly by I know. I haven't started the packing process, but I know once it gets going it will grow into a huge task.

We haven't decided if we want to hire someone to move our stuff, ask family and friends to help, or a combination of both. We also need to think about renovations for the kitchen and master bath, as well as flooring options for a few places around the house. We will certainly have our hands full for a while. The fun begins!

4 comments:

  1. Wow! Congratulations! We're closing on our house on February 29th, so we'll be moving at the same time practically. Good luck! :)

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  2. Congratulations, Sarah Lynn!! How exciting:)

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  3. Yay! What a great milestone to have reached. :) Very exciting for you!

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  4. That is so exciting!! And you are right, the next month will fly by and it will be moving day before you know it. And I'm married to a great carpenter if you need help or ideas!!

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