Friday, July 22, 2011

Quickie House Update

Just a quick update to say that we have short sale news! Again! We got the purchase price lowered $2100 and we're going to change our loan from an FHA conventional to an FHA renovation loan. Then we don't have to fix the siding or the HVAC prior to closing. I'm not sure why our lender never mentioned this before? Our Realtor had to ask him about it. At least SHE's on the ball.


This means... *Drumroll*... We get to order the appraisal next week, it does mean at least another week before closing though I think... since we'll have to sign a new loan form. Possibly. I don't know. I'll take it though! 

We're so excited. We were down in the dumps all last night thinking about having to walk away from the house. We looked up some listings around us to get an idea of what else is out there and it was all blah, boring, and tiny. 

Or falling apart like this:


I don't know if you can tell, but the house is leaning... like the porch is at a 45 degree angle with the ground. The listing says "country living at it's finest!" Ha! Got to love Kentucky. 

Rob's observations:
I find it funny how the listings always fail to mention these things. I had no idea that house was sinking, it looks really nice on the website.
Of course I probably should have known from the previous listings - many failed to mention the faeces smeared into the carpet, the sewer problems or the roofing falling apart. Those that do mention the problems, well, they really aren't worth looking at. My favourite line I saw said the house in question "may have slight water damage." Sure. That doesn't sound like too much of a problem, we can sort that out. Apparently these days slight water damage means that the entire roof has collapsed in and several rooms have flooding. If we weren't put off by the random assortment of rooms in no particular order, or the neighbours sat outside revving their trucks, then the slight water damage made it final. Another example would be the house with "signs of mould." The signs being the whole basement rotting. It was so bad down there that Elizabeth couldn't even stand at the top of the stairs.
I guess on a final, but not so dramatic note, I should mention that the house we are in the process of buying does say that it has forced heating and air in the listing. Obviously they don't mention that neither work. 



I also finished painting a small side table for my mom's house that I'll show on Monday, or whenever the humidity calms down because right now the final coat is refusing to dry (and has been wet for 2 days now). Nice. 

I don't want you to pine though so this is what it looks like as depicted by my stellar skills:

Try to contain your amazement. And yes that's a halo, because it looks so good. ;)


Edit: I took off comment moderation and word verification. I didn't realize the word verification was even on sorry! Now it should be easier to say hello.


4 comments:

  1. Very exciting news! Best of luck!

    ReplyDelete
  2. Just found your blog off of another blog- it's early, forgive me- I think I clicked on your dining table redo. Anyhow...LOVE it! You're hilarious and fun and you also love the Goodwill. Me too!

    I'll be back and I've just become a follower! Can't wait to read more. You've already made me laugh and that rarely happens without the aid of coffee.

    Good luck with your house! And LOVE the drawing with the halo!

    Tina :-)

    ReplyDelete
  3. I find it funny how the listings always fail to mention these things. I had no idea that house was sinking, it looks really nice on the website.
    Of course I probably should have known from the previous listings - many failed to mention the faeces smeared into the carpet, the sewer problems or the roofing falling apart. Those that do mention the problems, well, they really aren't worth looking at. My favourite line I saw said the house in question "may have slight water damage." Sure. That doesn't sound like too much of a problem, we can sort that out. Apparently these days slight water damage means that the entire roof has collapsed in and several rooms have flooding. If we weren't put off by the random assortment of rooms in no particle order, or the neighbours sat outside revving their trucks, then the slight water damage made it final. Another example would be the house with "signs of mould." The signs being the whole basement rotting. It was so bad down there that Elizabeth couldn't even stand at the top of the stairs.
    I guess on a final, but not so dramatic note, I should mention that the house we are in the process of buying does say that it has forced heating and air in the listing. Obviously they don't mention that neither work.

    ReplyDelete

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