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Updated about 11 years ago,
Close on my 1st property tomorrow...lots of lessons learned!!
First of all, I have to mention how much having these boards to refer to and study has helped me prepare for this. I don't think I would have persevered without them. It has been a rough week...lots of ups and downs.
I will tell the entire story when I have more time but in short, my agent misinformed us about the REO Addendum which basically had us agreeing to purchase the house without a detailed inspection. There are reasons why I said yes without too much concern but I will have to follow up on that later.
The house has been inspected just so we would know where we stand. We ended up with what we expected...old termite damage to a sill plate ($800), small roof repair $150 and the rest is cosmetic .
It is VERY hectic around here :) but I am enjoying it! I have taken advantage of lots of holiday sales and ordered most of the materials for at least 50% off.
The icing on the cake is that we leave for Ireland the day after closing! I will have some simple jobs started while we are away...a trusted handyman will supervise. Then the big action will start on the 18th!! I can't wait to see my vision come to reality.
I will keep y'all updated :)
Charlene