One of the best Birthday Presents ever

Lash · #1 October 12th, 2008, 06:57 PM

So we home hunted all day and put in an offer on a HOME! A real home like a real adult! Not a 600 sq foot apartment with 2 dogs.

We've been married 4 years in December and turned 26 and are so ready to buy a real home
Dont want to post the address of course but here is the pic

3 Bed, 2 Bath, 2 living room (used to be 4 bedroom but they opened up the dining area and bedroom together)
1,872 Sq. Ft.
0.14 Acres

$119,000

Foreclosure thus the lower cost

Mars · #2 October 12th, 2008, 07:04 PM

Excellent!!! It's such a blessing to own your own home. Congrats on putting in an offer! I hope everything goes through for you!

Happy birthday again!!

bittersweet · #3 October 12th, 2008, 07:09 PM

WHOA! Beautiful house and what a steal!! So how long until you can move in?

thepinkleprechaun · #4 October 12th, 2008, 07:10 PM

Oh wow I'm jealous it looks so nice! Yay for foreclosures B)

Yay for you guys anyways.

Mod-LadyCoconut · #5 October 12th, 2008, 07:24 PM

WOOOHOOO! That's huge, Lauren! congrats! and you know what will be great to go along with that HOME?! your home BIRTH! here's some

for that bfp!

Lash · #6 October 12th, 2008, 07:34 PM

^^ Yes!! Maybe I have to have the home to get the BFP!!

In some ways this is a good time for the market to be not so great because we can really benefit at this time. That house is typically at like $150-160,000. We'd never be able to get that but with the tons of foreclosures flooding the market, listing it at $120,000 is still allowing the bank to unload it and still make a profit.

alicenwonderland · #7 October 12th, 2008, 07:40 PM

What a great deal! It's really pretty too!

Lash · #8 October 12th, 2008, 07:42 PM

The inside still needs some work (again foreclosure!) but it was just listed so the outside isnt hairy and overgrown and gross. Its about 7 years old
We'll need to re paint and do flooring at one point but that can wait

#9 October 12th, 2008, 07:45 PM

Happy Birthday Lauren! Woo-hoo for the house! Just the other day it seems like you were saying how you couldn't buy a house, and now you found one and got an offer in! You work fast girl

Congats, I hope it gets accepted!

greeneyes · #10 October 12th, 2008, 07:46 PM

Awww, yay for you guys!! That's so exciting, Lauren! I remember when Lee and I bought our first house - I still miss that place. It was so cute and perfect two newlyweds.

Congrats!!

Lash · #11 October 12th, 2008, 07:54 PM

Quote:

Happy Birthday Lauren! Woo-hoo for the house! Just the other day it seems like you were saying how you couldn't buy a house, and now you found one and got an offer in! You work fast girl

Congats, I hope it gets accepted!

[/b]

Thats what makes Dave Ramsey so great! Managing and reworking finances is a fantastic thing! We got rid of some of this and moved around some of that... and it should work out well!!

Hoosier Kitty · #12 October 12th, 2008, 08:02 PM

Lauren, the house looks great.. congrats.. hope you get it!

Hey I'm gonna PM you about Dave Ramsey... how it works!!! I seriously need to get out of debt!!

ScottishBrit · #13 October 12th, 2008, 08:52 PM

OMG!!!! $119,000!!!!! Do you know how much that would be here!!!!! Like 6-700,000!!!! crazy, I agree other then a bfp that is the best gift

LaLaRose3 · #14 October 12th, 2008, 08:56 PM

How CUTE! I cannot wait to see the inside too!

CONGRATS! I am so jealous!

Lash · #15 October 12th, 2008, 08:56 PM

Quote:

OMG!!!! $119,000!!!!! Do you know how much that would be here!!!!! Like 6-700,000!!!! crazy, I agree other then a bfp that is the best gift

[/b]

Yeah I know... this is one of the most stable markets in the country. I cannot FATHOM living in California!!

soImarriedAnerd · #16 October 13th, 2008, 12:04 AM

Quote:

Lauren, the house looks great.. congrats.. hope you get it!

Hey I'm gonna PM you about Dave Ramsey... how it works!!! I seriously need to get out of debt!!

[/b]

Come on over to the financial planning board---we got some great resources over there and we do budgets for people!

A HOUSE!!!! For $119k I'm in shock that would be 300-400k in Chicagoland area! *mental note to buy next rental house in Tx*
Thats sooooo awesome....so when will you know if you get it?

#17 October 13th, 2008, 12:26 AM

That home is gorgeous Lauren!!! I hope you guys get it!

~* Helen *~ · #18 October 13th, 2008, 01:52 AM

Fab house!!!!!

petalfuzz · #19 October 13th, 2008, 04:33 AM

Oh! Good luck! DH and I bought a house that was in foreclosure for $119k also (ha ha--twinsies!). I must warn you though--dealing with a bank as a seller SUX! We put our offer in Nov 1 and didn't get it approved until the end of January--but were able to close right away. Everyday we were in turmoil as to whether our offer would be approved or not. *hint, hint* since it's a bank, they'll not negotiate. Offer the list price or expect to get rejected. Our house had at least 7 offers on it but ours was the only one for the asking price (still a good deal though).

KatiInCT · #20 October 13th, 2008, 04:56 AM

As another 'cheap' home buyer I have to say I love knowing that my mortgage is less than friends who rent. So happy for you that you found a great steal!

Hoping that the offer goes through for you!

Quote:

Oh! Good luck! DH and I bought a house that was in foreclosure for $119k also (ha ha--twinsies!). I must warn you though--dealing with a bank as a seller SUX! We put our offer in Nov 1 and didn't get it approved until the end of January--but were able to close right away. Everyday we were in turmoil as to whether our offer would be approved or not. *hint, hint* since it's a bank, they'll not negotiate. Offer the list price or expect to get rejected. Our house had at least 7 offers on it but ours was the only one for the asking price (still a good deal though).[/b]

Our house had previous offers but were all denied until I offered full price (still a great deal). It's the joy of working with non-homeowners. (In my case I was purchasing the house from the Town.)