We have the pre-qual on the mortgage, and there have been no other bids on the house. We go see it Sunday. Things are moving quickly. So much work ahead. I haven't had a good nights sleep in a week and I am not eating.
The kids are excited. I told them paint is relatively inexpensive and they can paint their rooms anyway they want. They are both making plans for extravagant rooms that I am sure will be parentally modified. Aidan's involves all black and black light reactive paint on the ceiling. Konal's involves primary colors on each wall.
The financial situation up ahead is going to be interesting. My paycheck will be responsible for the mortgage and Chris' will be for everything else. I have a high debt load, and I am seriously thinking of going in for financial counseling after we get the mortgage secured.
The house we are planning on putting the offer in is a bit run down in an upper lower class neighborhood. There is a lot of diversity on the block, but honestly, I think we are adding white to that mix, which is awesome. We are doing a looking run on Sunday, and are including 3 other houses for sale in the same small development. The best part is it is only 2 miles from mom, off of Van Buren and Dysart. We really want this one- we like it. Patience is a virtue, I know.
We are trying for a Homepath Renovation mortgage. We would like to get 15,000 above the cost of the house. It needs energy efficiency upgrades and was built in the early 80's. It needs landscaping, new lights and fans, and there is an unfinished 4th bedroom. We want to put in low flow toilets and showers, an energy efficient water heater (tankless if we can work it in the budget), solar panels, solar screens. Not to mention the basics of moving in- stove, washer/dryer, window treatments, bathroom accessories. Anna's Linens will be my friend. We already have 2 refrigerators and lots of furniture. Mom is also letting me buy her car from her. She uses it about 1-2 times a week, and we are close enough that it can continue that way. The house we are looking at does not need floors- woot! It has pretty 16x16 tile floors, and two bedrooms with carpeting. A scooba is on my wishlist.
The good news is because of our current living situations, we have stability to do the renovations before we move in. Our goal is a mortgage payment low enough to pay on unemployment, since Chris and I work in vulnerable jobs. Also, as you can see from the renovation list, to keep our daily living costs as low as possible. There is no HOA, so we have some yard freedom. We have a great Realtor, and she keeps in touch and lets us know what we need to do next.
I will let everyone know the details and show pictures soon. I am sure Chris will take pictures when we are officially shown the house.