Saturday, August 27, 2011

Inspection scheduled

On Thursday at 4pm we are having an inspection.  Since our house is a foreclosure and is sold as is, we will not be able to use anything we find out at the inspection to bargain for a lower price, but it will help us find out if there are any deal breakers.

The poor inspector will be surprised when he sees 4 people come to his inspection, but our family is just that - everyone gets involved - my hubby and I and my dad and mom will be there. My dad's a contractor, so that's why he is coming. I am curious, and it's an occasion to get into the house again.

I really hope the inspection will not turn up with something messy. The house uses well water and a septic tank, so we definitely need to have the pumps inspected. I also want him to check for mold and radon. I read that radon comes up naturally from the ground in many areas in the US, but in some places the amount is larger and some smaller. I hope there is just no radon in our basement and that's it.

Hubby and I agreed that if the inspection comes back with issues that will cost no more than $10,000 to fix, we will still get the house.  That excludes foundation or septic tank issues - those cannot really be estimated till a considerable amount of digging has been done.

Thursday, August 25, 2011

First Post - First "real" Step

Today, August 25, 2011, we received a word from our Realtor that our offer was accepted by the seller. I decided to start a blog to keep up with this process, share ideas, happiness, frustrations, etc.
My hubby and I love remodeling projects and are not scared of hard work on a house, so we are really looking forward to all the renovations that our new house will require. 

A little bit about the house.  It's a foreclosure, and the last owner left it with a pretty bad kitchen and bathrooms.  I will post pictures as soon as we have a contract in.  Till then, I don't want to jinx it. 

We are planning to have an inspection next week - crossing fingers that it goes well, because I really love this house already. I know I should treat it as an investment, a business transaction, but I just can't stop imagining it all cleaned up and prettied up.