Tuesday, October 18, 2005

How to buy a house in four days


Okay, so technically we don't have the house yet.

We just spent about two and a half hours with the inspector and agent, going over the house, looking at everything, and discussing what needed to be done. The good news: aside from the aesthetic things that are pretty obvious, like, oh, putting in floors, walls, and the like, not a whole lot needs to be done. We need to have our electrical fixed before we do anything else. You can track the progression of the house by the era of the different fuseboxes/breakers. Pretty crazy. There're also some plumbing issues we need to take care of as soon as we can, too. Only a couple of spots on the roof were iffy, and we need gutters, and a pipe needs a new flash footing put in, but it should last another five years. The foundation was cracked in one spot, but it can be easily repaired.

The bad news? We have to wait to hear if our offer was accepted. We have already heard that the selling agent liked the offer, and we might find out as soon as tonight. I really hope we do- I'd sleep a lot better. I just want to KNOW. I also want the house even more, having seen it three times now. Very exciting. Very scary to be signing ourselves away like that. We heard back from our lender today, too. Seems she's able to work out a new deal for us. Our monthly mortgage payment could be about two to three hundred dollars less a month than we thought it would be, if the house appraises for the amount of the loan. Considering the piece of land it's on, it should. We'll see, though, won't we?

We did find out quite a bit out about the house, aside from the crazy fuse box situation. Seems that one of the main beams in the attic is a log. An actual log. Peeled, and with canvas still stuck to it. How very rustic. I'm okay, though, with having a tree above us. I'm at home among peeled logs. We also found out that there's a stump underneath the pantry/utility room. A tree stump. Some sort of hardwood, I guess. We should remove it. I wonder if it's a relative of the log in the attic. It's definitely not related to the car jack in the crawl space that's holding up the floor joists in the laundry room.

Other than that, there's just some weird stuff buried out in the backyard. The ground's irregularly lumpy, and not settling-of-the-earth kind of lumpy. Not to mention the gigantic light pole. We need to clear out one of the crawl spaces (there are two, due to a later addition onto the house), and we need to find out where the septic drainfield is. All very reasonable projects. We'll find out about the septic soon, as the owner's required by law to get it pumped.

Bonuses: the current owner is putting up a fence between the front lot and our lot, so we don't have to do any labor there. Also, they'll probably have to give us underground electric and a new water supply, since the feeds to what I hope will soon be our house go directly through the front lot. We may have them hook us up to the sewer, since it's possible our septic drainfield is in the front lot. So we'll see. Might work out very well, in the end.

Now all that's left to do is hope that our offer wins, the appraisal goes through, and we get the house. Hope, hope. Hard to believe that we only discovered the house on Friday, and four days later, technically, we put in an offer, maybe even bought the thing. And all of it exactly three years after we basically moved in with one another. I have no complaints.

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