Posts tagged ‘living room’

April 22, 2011

So You Want a Tour, Eh?

by brandt

This week has been one exhausting week.  I mentioned previously how I made a huge mistake by going cheap and NOT renting a U-Haul.  I also made the mistake of not being on my “A” game and getting the power turned on, which put us way behind the 8-ball as far as moving into our house was concerned.  Well, we’ve been living in 2 worlds this past week.  Like a super-spy, a la Arnold Schwarzenegger in “True Lies.”  Or Hannah Montana.  Anyways, we’ve had half of our stuff in our house, half in our apartment, and this past week literally every single night we’ve been moving stuff.  We usually get home from work between 5:00 and 5:30, and haven’t collapsed into bed exhausted until 11:30-12:00 at night.  We both work, so we’re up at about 6:00 AM, so it’s been a long week.

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December 31, 2010

House #9 – Rochester

by brandt

After we went and toured House #8 – Lake Orion, our agent asked if we had enough time to go see another couple of houses.  Not wanting to miss a chance to view more houses and take advantage of every house out there, we went about 20 minutes away to Rochester to view a house that had been on my “interested” radar, even though I had some reservations on the house.

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December 7, 2010

House #7 – Rochester Part 2

by brandt

Part 1 is here.

OK, so I said it was a Homepath house, right?  And you remember what it meant to be a Homepath house, right?

You forgot?

Oh dear…

OK, a Homepath house is a house that is foreclosed on and the Government (most notably, Fannie Mae) is selling the house with loads of incentives to get someone into it.

First, they offer lower down payment and lower sale prices than other homes.  Conventional loans typically want 20% down, FHA loans require 3.5% down, but Homepath homes usually are OK with as low as 3% down.  Less cash to put down on a house, more cash in pocket.  Second, they are great for people who have less-than-great credit (which isn’t an issue for us).  Third, NO PRIVATE MORTGAGE INSURANCE!  Talk to any homeowner who has to pay PMI, and it is one of the worst parts about home ownership.  Fourth, no appraisal fees (which can be upwards of $300-$500)…again, more cash in pocket.  Fifth, because of the real estate economy, they’re also willing to chip in 3.5% towards closing costs – which is what we’ve been asking every time we’ve made an offer on a house.

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October 8, 2010

House #2 – Rochester

by brandt

You will have to excuse the quality of the pictures.  These were taken on my phone during a quick walk-through of the house.  You can also click on any of the pictures to see them full sized.

This is house #2 on our home-buying search.  The first home we bid on was rejected by the bank.  This house is listed as a short sale for $159,000.

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