Sunday, August 12, 2012

Movin' on up to the Woodstock...

    Osh and I have been back and forth in regards to buying a home. We finally came to the consensus that in the current market, we will definitely get the "biggest bang for our buck" if we purchase something in the near future. Thus, we have begun the search for our forever home. Initially, we found a Realtor online because we found a house that we wanted to take a look at. Her name was Bea and she was based out of Woodstock. The first house we went to with her was super moldy and it was not specified on the listing. Additionally, it was black mold which is pretty hazardous in some cases especially if you have a health issue. Needless to say, I was kind of upset that we were even taken inside of a house with that much mold. GROSS! The second house we went to see with her was over our budget and did not fit any of our specified criteria but we chalked it up and moved on. The third house we saw with her was a foreclosure that needed a TON of work. The last house we saw with Bea was a house we fell in love with. However, upon exiting the house our excitement over finding our possible home was quickly taken away. The couple whom had an "accepted" offer had pulled up to the house while we were still inside. Basically, we were both pretty irritated that we had just spent a bunch of time in the house only to find out it was no longer available.

    After mulling over the few homes we had visited with Bea we came to the realization that she was not fulfilling any of our needs in the homes she was sending us on MLS or the few that we had gone to see with her. Most of the things she was sending us on MLS were at the top of our budget or  way over our budget. Our budget that we wanted to be around was 150k and for some reason she kept sending us these awesome homes that were priced at 230-250k which was WAY out of the realm of possibility. I'm still unclear as to why she thought we would have room to negotiate that large of a price discrepancy. I understand that historically the market has never been in this type of shape but I don't think we are that good of negotiators to talk down 100k...... Basically, we came to the decision to tell Bea we would need to part ways. Upon which, we found a fantasical Realtor named Peggy whom was recommended to us by Ziss and Kristie.  Peggy has been a breath of fresh air in terms of finding us a home that meets our needs and is under our budget! Last Tuesday, we went to see 3 homes with Peggy and found a perfect house in Woodstock. The house sits on 1.40 acres, is 2006 sq feet, and also has a small fenced in barn area. The barn even has hen stalls! This just had to be a sign that this house was for us! We slept on it and decided to put in an offer but only after we went back to the house for another run-thru. 

    On Saturday we went back to take a look at the house and write down any repairs that needed to be made and etc to ensure that we the offer we were going to make was reasonable. We offered the asking price of 145k (because it is a foreclosure and already priced for the market) but we asked for 3000 in closing costs to be credited. We have not heard anything back as of yet but stay tuned to find out if we have an accepted offer!


xoxox