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Buying a house update April 4, 2009

Posted by Staci in : General Ramblings , 1 comment so far   

Some people know I am buying a house. The market is perfect for it, and my retirement account is shrinking on a daily basis so this will be a good investment for my future.

We offered on a house a few weeks ago. A nice 4 bedroom 2 story house. The bank finally accepted out offer so we could do the offical house inspection. Well the house looks nice, and has a good foundation and over all structure, but it would need to be completly gutted and redone. Their are a lot of plumbing leaks, at least 2 roof leaks, and dry rot. We had a window of time from when the bank accepted in order to withdraw based on the inspection with no penalty so we pulled the offer because thee is more work needed then I can afford to have done.

We go out looking again tomorrow. I really hope we find something suitable soon. I know that we will have to put in money for repairs on pretty much any home we buy but I do have a budget to stick within to make it possible. I guess we shall see what tomorrow brings.