Monday, July 07, 2008

We went to look at a few houses this afternoon. All three in are in the same general neighborhood. All three are single family homes.

The first was a disaster. It was the cheapest listing, but needs to most work. More work than I’m willing to put up with for the price of the home. It would take us a very long time to get it in shape because we wouldn’t have the cash available for a long time. So that one got a quick pass.

The second one is in much better shape. It needs work and it is priced higher, but none of the work is needed to make the place liveable. It has great curb appeal and a lovely fully fenced back yard with a nice sized deck. Oh, and a garage with storage space above it.

The third one is slightly less than the second one and in the best shape. The owners were there when we walked through. It’s a short sale, so there’s no telling how long we’d have to wait for the process or even if it would be worth the wait. It’s on a corner lot, so the yard is huge. Nice back deck. Tiny kitchen. Garage. And the price is about $10K more than we pre-qualified for, but I think we could get that amount if I get the promotion/raise. So our realtor is going to talk to their realtor to get the story, crunch numbers, and get back to us. We may put an offer in anyway, if our realtor thinks we can do it, knowing that short sales take forever to complete. We’ve got time and we can continue looking at other houses while we wait.

We have a different realtor - our previous one went to a different agency. This new one seems much better just from the brief time we spent with him this afternoon.