Looks like it is going to happen!!! The wire transfers are all taking place right now, and recording with the city will take place tomorrow… which means the house will be ours soon. Since we are confident it is all going to work out now, nothing like waiting til the last minute to feel confident, here is a pic of the outside of the house
A week ago we got an inspection of the house, as any good buyer should do. We knew that the house was a fixer-upper, and that some things would be knocked by the inspector. All was going well, including the roof that the owners put on themselves, until the inspector went into the basement. In the basement he found some issues with floor joists that were not properly supported, a slightly rotted beam under the bathroom, and the BIG ONE… most of the joists supporting the living room floor had rotted ends!
Everything else checked out okay, a few little things here and there but nothing to shocking. The inspector gave us a name of a general contractor so we could see how much the living room floor joists would cost to repair. The GC came out the following day and wasn’t too familiar with 106 year old houses and came up with a great, if not overly built and expensive plan to fix the joist issues. His quote pretty much made us give up on the cute little house… but luckily T called another GC that she randomly found and he was very familiar with old house. A few days later we met with him and found out that he lives two blocks up the street and soon as he went into the basement he put us at ease, saying taht this is not an uncommon problem in old houses. After looking around at the living room joists, and the other joists he told us how he would fix it and a quote that was much more acceptable. Our heartbreak of thinking we were going to loose the house quickly turned into hope
Our next step was asking the sellers for a little help in fixing the floor. The house is being sold as is, so the owners were not too happy about helping us, but we explained that we were expecting everything else, but the floor was a bigger issue and a possible deal breaker. After 48 we came to an agreement and things are/were looking good
The “were looking good”, is the heartburn. As we imagine it happens with most house sales, the title company was not getting back to the bank and our home insurance company needed more info from our inspector and the inspector was hard to get a hold of. After many phone calls and lot of stress T got confirmation from the bank that the title company got them everything needed and we are now currently just waiting on the home insurance company to get everything from the contractor, so the home insurance can give the bank the paperwork saying they are insuring the house… only 44hrs until we are suppose to fund the purchase so it is getting stressful, fingers crossed.
Next update will come soon as funding happens, and I will post a or two of the house!
Follow the progression of our new house that was bought as is, as we turn it into our own space.
ps> keeping a low profile until the paper work is done and the keys are in hand. cross your fingers, in 2 – 3 weeks an onslaught of photos will be posted!
Concert
