Thursday, June 02, 2005

Our very own ugly house!

It looks like we bought a new ugly house! We just signed some paperwork and put down some earnest money. At this point, the only one who can back out of the deal is us. Lucky us? Steve got a hold of the last appraisal, and it shows the value of the property at $231,000, in 1996! I think they listed the house far under it's worth, which is great big kudos for us. Since the seller wants 120 days before we can take possession, then an additional 60 to get their things out of the storage building, in a sense, the house will appreciate for 4-6 months without us having to pay for it. More $$ for us! Moves us even closer to having enough equity for a nice fat renovation.

So, it looks like 10/1 we will get access to our new hacienda, where we will be mad with paint, cleansing cloths, and industrial cleaner, so that it is up to par and safe to move into. Then Matt and Sabrina can move the Merritt's into our old pad, a bigger pad for them! Their dogs should be in heaven.

Congrats to us!

1 Comments:

At June 03, 2005 10:52 AM, Blogger Sabrina said...

Yeah yeah yeah!! VERY exciting! Now to figure out how to get out of this place....

 

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