a simple man in a complex world

Monday, December 08, 2008

meh.

paul thinks I should blog more. paul is a git who keeps moving to third world countries in some feeble attempt to avoid adult responsibility and/or get himself killed. suicidal peter pan syndrome types shouldn't get to tell me what to do.

mooki and I made an offer on a house today. we didn't want to. we saw the house yesterday, I really liked it, but mooki wasn't convinced on it. we wanted to wait a couple weeks, see a few more options, and then come to a rational decision. instead we got a call that there was an offer on the house, it was low, and we could put in a bid as well. we don't know if ours is higher than the other, but it could start a bidding war. exactly what we didn't want.

the house is about twenty minutes outside seattle, in a border suburb called shoreline. it's essentially like burnaby, for the vancouver-centric crowd. the house is very spacious, over 1800 square feet. it has four bedrooms, two baths, a large living room and even larger rec room in the basement. the yard is huge but would need some work. there's no garage. nor is there proper flooring in the house. we'd have to install new hard wood floors before we even moved in.

miyuki would get a remodeled kitchen down the road, we have some more inheritance coming to us and could use a portion of that. we may or may not build a separate garage.

if all goes well, we'll actually be homeowners by new years. the house is a smiking hot deal, listed at $295,000. it sold two years ago for $299,000, had a ton of work put into it and was on the market for $440,000 six months ago, before the bottom fell out of the market. because it is now owned by the bank, the sale itself should go quickly. if we manage to get it closed out in december, we'll save some money too. the current FHA requirements have us pay 3% down. in january the requirements go to 3.5%. that's basically an extra $1500 we'd be forced to put into equity, as opposed to using for improvements or moving expenses.

to be completely honest, we're scared shitless. we signed all the paperwork for the offer today and it was faxed off. we'll know by wednesday afternoon if it was accepted. if accepted, we have five days to back out for any reason without penalty. after five days, it gets more difficult to change our minds, and we will rapidly reach a point of no return, where backing out would cost us the $5000 cheque I wrote in earnest, currently sitting in escrow.

the next couple of weeks will be a whirlwind of insanity. here's hoping it works out for us.

4 Comments:

At 2:28 AM , Blogger Paul said...

The only way I'm moving back to the world and acting like a grownup is if you'll let me sleep curled up on a small mat on your new bedroom floor.

 
At 6:56 PM , Blogger christian said...

I think there's some cat vomit there right now. it's all yours.

you just have to pay 100% of the rent/mortgage.

 
At 12:54 AM , Blogger Paul said...

For that much money, can I play with your Wii?

 
At 10:01 AM , Blogger christian said...

you always gotta make everything sound so pervy...

 

Post a Comment

Subscribe to Post Comments [Atom]

<< Home